Online Banking

Gold and Foreign Exchange Trading Contest of Bank of China Shanghai Branch (Shanghai)

Theme

Gold and Foreign Exchange Trading Contest of Bank of China Shanghai Branch (Shanghai)

Time

07:00, September 19 to 05:00, December 10, 2011 (Beijing Time)

Participants

During the activity, customers who open accounts with Bank of China Shanghai Branch and make such transactions as firm offer Gold Facility (including RMB/Gold and USD/Gold), Two-way Gold Facility (including RMB/Gold and USD/Gold), Forex Facility and Two-way Forex Facility will automatically participate in the contest without registration. Customers can make transactions via the counters, telephone banking, online banking, online client, mobile banking, self-service transaction terminals and other channels.

Rules

1. Each private customer who opens an account with Bank of China Shanghai Branch with his/her valid ID card is a unit of the contest.

2. The rankings will be made according to the accumulative transaction volume in terms of gold trading and foreign exchange trading respectively. The gold trading volume of each private customer is the sum of his/her firm offer Gold Facility trading and Two-way Gold Facility trading, and the volume of USD/Gold trading will be added to the RMB/Gold trading volume after converted at the market exchange rate. The foreign exchange trading volume of each customer is the sum of his/her firm offer Forex Facility trading and the Two-way Forex Facility trading.

3. The participants will be ranked separately in terms of their accumulative gold trading volume and foreign exchange trading volume, and the results shall be subject to the statistics of Bank of China's system.

Prizes

Preferences

To reward customers, Bank of China will lower the product trading spread during the contest. The spread will be resumed after the contest.

1) Firm Offer Gold Facility

2) Two-way Gold Facility

3) Two-way Forex Facility

Appendix: Rules of 2011 Gold and Foreign Exchange Trading Contest of Bank of China Shanghai Branch

Bank of China's personal firm offer gold and foreign exchange trading (Gold Facility and Forex Facility for short) as well as personal Two-way Gold Facility and Two-way Forex Facility (Long/short Forex Facility) have been increasingly popular in the market as the major investment trading products in Shanghai. Beset by the debt crisis in Europe and U.S., the international financial market is facing with more turbulence. With the gold price approaching USD 2,000, the market of foreign exchange and gold will see more opportunities of profits. Under such circumstances, Bank of China Shanghai Branch, with the purpose of promoting the interest and skill of gold and foreign exchange investors, holds the 2011 gold and foreign exchange trading contest. The Rules of the contest are as follows:

I. Time: 07:00, September 19 to 05:00, December 10, 2011 (Beijing Time), 12 weeks in total. Time mentioned in these rules refers to Beijing Time, and the transaction time of customers shall be subject to the record of bank trading system. The above trading time will be adjusted during national holidays and the close of main international financial markets, subject to notice of the bank.

II. Participants: All customers who open accounts with Bank of China Shanghai Branch and make transactions of Gold Facility, Forex Facility, and Long/short Forex Facility (via the counters, telephone banking, online banking, mobile banking, self-service trading terminals, client software).

III. Registration Method: Customer who makes transactions of Forex Facility, Gold Facility, or Long/short Forex Facility during the contest will be automatically eligible for the contest without registration, unless he/she submits a written statement to Bank of China Shanghai Branch before September 19, 2011, indicating that he/she refuses to participate in the contest). Each private customer who opens an account with Bank of China Shanghai Branch with his/her valid ID card is a contest unit. Participants automatically agree to be bound by the rules of the contest.

Participants are recommended to update their personal and contact information of the trading accounts at outlets of Bank of China Shanghai Branch in time for timely notice of contest information.

IV. Participating Channels: Customers can make such transactions via the counters, telephone banking, online banking, mobile banking, self-service trading terminals, or client software of Bank of China Shanghai Branch, and the transaction time shall be subject to the records of the bank system.

V. Participating Method and Minimum Transaction Amount: Customers are required to use their own accounts and funds for such transactions. The minimum transaction amount required for the contest is subject to the lowest one for corresponding products.

VI. Assessment Criteria: The awards will be made according to the trading volume of the participants (funds in the accounts not used for transactions shall be excluded). The volume of gold trading and foreign exchange trading will be calculated separately.

VII. Assessment of Trading Volume:

A. Gold trading volume:

Gold Facility and Two-way Gold Facility trading of both RMB/Gold and USD/Gold in Bank of China Shanghai Branch will be included for assessment of gold trading volume. During the contest, the RMB amount or the USD amount of customers' purchase (going long) or sales (going short) of RMB/Gold or USD/Gold will be added to the trading volume separately. The USD amount will be converted to RMB amount at the closing rate of central parity of the USD against the RMB in China Foreign Exchange Trading System in the ending week of the contest. The transaction amount of RMB/Gold and USD/Gold before the contest shall be excluded.

B. Foreign exchange trading volume:

Both the Forex Facility and Two-way Forex Facility trading in Bank of China Shanghai Branch will be included for assessment of foreign exchange trading volume. During the contest, the amount of customers' purchase (going long) or sales (going short) of any currency pair will be converted to USD amount for trading volume calculation. The transaction amount of Forex Facility and Two-way Forex Facility before the contest shall be excluded.

VIII. Awards

Awards of the contest will be set separately in terms of gold trading volume and foreign exchange trading volume. The bank will rank the participants in terms of their gold trading volume and foreign exchange volume respectively. A total of 60 winners will be selected for the contest, with one winner for the first prize, two winners for the second prize, two winners for the third prize and 25 winners for the consolation prize for each award. The awards are as follows:

A. Gold trading volume:

• The first prize: prize worth RMB 25,000
• The second prize: prize worth RMB 12,000
• The third prize: prize worth RMB 6,000
• Consolation prize: prize worth RMB 1,000

B. Foreign exchange trading volume:

• The first prize: prize worth RMB 5,000
• The second prize: prize worth RMB 4,000
• The third prize: prize worth RMB 2,000
• Consolation prize: prize worth RMB 1,000

The above awards will be offered in terms of ranking regardless of the ranking order.

IX. Winners shall bear the individual income regulatory tax for the awards themselves.

X. Bank of China Shanghai Branch will announce the contest results of the two product categories at the same time after the end of the contest. Bank of China will inform the winners about the result and award collection method by phone. Winners can also learn about relevant information by visiting the website of Bank of China Shanghai Branch at www.sh.bank-of-china.com or calling the service hotline at 95566.

XI. Bank of China Shanghai Branch will contact the winners according to their reserved information of trading accounts for prize collection. The winners or their designated representatives shall collect the prizes at the bank with valid identity documents. In case of failure to contact a winner due to wrong information provided by the customer, Bank of China Shanghai Branch will keep the prize for 60 days after the date of notice published on www.sh.bank-of-china.com. Failure to collect the prize in time will be deemed as a waiver.

XII. During the contest, participants shall use the real funds in their accounts for transactions, and shall be responsible for their own profits and losses. Participants shall understand that the market may fluctuate due to the impacts of political and economical factors as well as emergencies, and Bank of China Shanghai Branch shall not bear any responsibility for the participants' fund risks due to market turbulence.

XIII. Customers shall fully understand that Bank of China Shanghai Branch is not responsible for any loss arising from transaction interruptions, suspensions or abnormalities due to telecom fault or incidents beyond human controls.

XIV. Bank of China Shanghai Branch reserves the right of final interpretation of the Rules of 2011 Gold and Foreign Exchange Trading Contest of Bank of China Shanghai Branch.

Bank of China Shanghai Branch
September 19, 2011

• Appendix: Rules of 2011 Gold and Foreign Exchange Trading Contest of Bank of China Shanghai Branch.pdf