REPLY OF THE CHINA INSURANCE REGULATORY COMMISSION ON RELEVANT ISSUES CONCERNING LARGE COMMERCIAL INSURANCES

Reply of the China Insurance Regulatory Commission on Relevant Issues concerning Large Commercial Insurances

Bao Jian Ting Han [2006] No. 294

Shanghai Branch of Mitsui Sumitomo at-sea Fire Insurance Co., Ltd.

We have received your Letter for Instructions on Relevant Issues concerning Large Commercial Insurances (No. 82 [2006] of Mitsui
Sumitomo Insurance Co.). Upon discussion, a reply is hereby given as follows:

As stipulated in the Circular of the China Insurance Regulatory Commission on Relevant Issues Concerning Large Commercial Insurance
Business and Master Policy Business (Bao Jian Fa [2002] No. 16), the group short-term health insurance and accidental injury insurance
bought buy a large industrial and commercial enterprise shall fall within the category of large commercial insurances. Meanwhile
other related provisions issued by the China Insurance Regulatory Commission shall be strictly observed.

The China Insurance Regulatory Commission

October 12, 2006