[CHINA LIFE INSURANCE COMPANY LIMITED (A joint stock limited company incorporated in the People’s Republic of China with limited liability) (the “Company”) (Stock Code: 2628) ANNOUNCEMENT CONNECTED TRANSACTION IN RELATION TO PROPERTY PURCHASE CLIC, the controlling shareholder of the Company, currently holds approximately 68.37% of the issued share capital of the Company and is a connected person of the Company.] [Description 99.1 Announcement, dated June 27, 2012]