China Taiping Insurance Holdings Company Limited informed that as the product mix of the group's insurance businesses continue to improve, the insurance agency force productivity continues to gradually increase, and the strategic cooperation with large clients is now bearing results and attractive investment income, the life insurance operations of the group for the six months ended June 30, 2014 produced substantial growth in profit over the same period last year, the group's Mainland property and casualty insurance operations also achieved a large increase in profit, and other major business lines remain solid profit contributors. In addition, late last year, the group completed the acquisition of additional 25.05% and 38.79% ownership interests in the group's subsidiaries, Taiping Life Insurance Company Limited (life insurance operations) and Taiping General Insurance Company Limited (Mainland property and casualty insurance operations), resulting in the group's ownership interests in these subsidiaries to increase from 50.05% to 75.1%, and 61.21% to 100%, respectively. These acquisitions have provided the group with a greater share of the strong performances of these two companies.

Taking into account all of these above factors, the group expects the 2014 interim period profits attributable to shareholders to be substantially higher than that of the same period in 2013.