The People’s Bank of China will issue a set of panda commemorative gold and silver coins for the 10th Anniversary of China Minsheng Banking Corp.，Ltd. on Jan.12, 2006. This set of commemorative coins comprises one gold coin and one silver coin, both of which are the legal tender of the People’s Republic of China.

I. Design of the coins:

i. Obverse design on the coin. The common obverse design features the Hall of Praying for Good Harvest of the Temple of Heaven in Beijing, and the title of the People’s Republic of China, year 2006, as well as Chinese characters ‘中国民生银行成立十周年纪念’;

ii. Reverse design on the coin. The reverse design of the 1/4oz. gold bullion coin features a mother panda and her son, characters ‘1/4oz Au.999’, ‘10th Anniversary of China Minsheng Banking Corp.，Ltd.’ and the face value.The reverse design of the 1oz. silver bullion coin features a mother panda and her son, characters ‘1oz Ag.999’, ‘10th Anniversary of China Minsheng Banking Corp.，Ltd.’ and the face value.

II. The specifications and mintages:　　

i. the 1/4oz. round gold coin is bullion in quality, contains 1/4oz. of pure gold, 22mm in diameter, 100Yuan in face value, 99.9% in purity, the mintage is 20,000pc.　　

ii. the 1oz.round silver coin is bullion in quality, contains 1oz. of pure silver, 40mm in diameter, 10Yuan in face value, 99.9% in purity, the mintage is 70,000pc.

III. This set of gold and silver commemorative coins were minted by Shenzhen Guobao Mint, and exclusively distributed by China Gold Coin Incorporation.