Dear Customer:

On April 23, ICBC launched "Pin Input Option" to facilitate your usage of ICBC Credit Card and to ensure your money safety. This is an option for you to choose whether to input pin number when using Card to pay. Details are as follows:

1. Current way of using Credit Card to pay remains unchanged. If you wish to input pin number for consumption, please dial ICBC Customer Service Hotline 95588 or apply at the ICBC Business Office to open this service. We will modify the Pin Input Mode of your card within 3 working days. You can also set "Limit for Inputting Pin" based on your spending habit during application. Next time when you use Card to pay, you only need to enter pin when the spending amount is over or equal to "Limit for Inputting Pin". There is no need to enter pin when the spending amount is less than the limit.

2. Holders of Peony International Card, Peony Credit Card, Peony Quasi-Credit Card issued by ICBC are all eligible to choose to enter pin for consumption. This function is only valid for RMB accounts. Accounts in foreign currency follow international practice- No pin in usage.

Enjoy using the cards!

Peony Card Center Industrial and Commercial Bank of China Limited
　　　　　　　　　　　　　　　　　　　　　　　　　April 21, 2006