Subsequent to the Board of Directors meeting of “Mongolian Stock Exchange” JSC held on the August 17th 2011, the following resolutions were passed: 1. According to the decree No. 305 of State Property Committee of July 7th 2011, provisions 3 and 5 of the Attachment No 2, of decree No. 166 of State Committee of 2010, provisions 4.2.4.5 and 4.2.4.6 of Statute of “Mongolian Stock Exchange” JSC, Kh. Altai was appointed as the Chief Executive Officer of Mongolian Stock Exchange. 2. According to the Article 22.3.1 of Securities Law of Mongolia, provisions 11 of 4.2.4 of the Statute of “Mongolian Stock Exchange” JSC, provisions 2.8 and 2.9 of Membership Regulation of MSE, the following companies were admitted as members of Mongolian Stock Exchange. We welcome the following companies: “UBBD” LLC “UGS” LLC “Novel Investment” LLC “I Trade” LLC “Capital Market Corporation” LLC “Tavantolgoi Hishig” LLC “Dogson” LLC “Standard Investment” LLC “Grand Development” LLC “Tuushin Invest” LLC “Blackstone International" LLC “ABJYA” LLC “Soyombo Investment Corporation" LLC “Gatsuurt Trade” LLC