China Construction Bank Corporation's credit ratings by Standard & Poor，Moody&Fitch (Updated)

Standard & Poor's
September 2005, Standard & Poor's revised CCB’s long-term foreign currency rating to BBB + from BBB-, short-term ratings to A-2 from A-3 , long-term outlook rating to stable, and fundamental strength rating to C from D +. December 2006, Standard & Poor's revised CCB’s rating outlook from stable to positive. November 2007, Standard & Poor's revised CCB’s long-term foreign currency issuer credit rating to A- from BBB+ and the rating outlook to stable from positive, maintaining short-term issuer credit rating at A-2 and fundamental strength rating at C. December 2010, Standard & Poor's revised the outlook on the long-term rating on CCB to positive from stable. November 2011,Standard & Poor's revised CCB’s long-term foreign currency ratings to A from A-, short-term ratings to A-1 from A-2 and long-term outlook rating to stable from positive, cancelling the fundamental strength rating.

Moody's Investors Service
November 2005, Moody revised CCB’s financial strength rating from E + to D- , maintaining long-term deposit rating at A2 and short-term deposit rating at P-1 with a stable outlook rating. July 2006, Moody revised CCB’s rating outlook to positive. July 2007, Moody revised CCB’s long-term foreign currency deposit rating to A1 from A2, maintaining short-term deposit ratings P-1 with a stable outlook rating. August 2007, Moody revised CCB’s financial strength rating outlook from stable to positive. November 2009, Moody's revised to positive from stable the outlook on the A1 long-term deposit rating for CCB.June 2010, Moody's revised CCB’s financial strength rating to D+ from D- with a stable outlook. Moody's affirmed CCB's A1 long-term deposit rating and P-1 short-term deposit rating  with a positive outlook, which are at the same level of China's sovereign rating. September 2010, Moody's revised to stable from positive the outlook on the A1 long-term deposit rating for CCB.

Fitch international rating
November 2005, Fitch revised CCB’s individual rating from D/E to D. At the same time, Fitch revised CCB’s long-term foreign currency debt rating to A-, short-term foreign currency debt rating to F2 with a stable outlook rating. September 2006, Fitch revised CCB’s outlook rating from stable to positive. November 2007, Fitch revised CCB’s long-term foreign currency issuer credit rating to A from A-, short-term issuer credit rating to F1 from F2, outlook rating to stable from positive, and the individual rating was affirmed at D.