According to resolution No.384 of Financial Regulatory Committee of Dec23, 2011, tender offer to purchase at minimum of 1184 per shares of 63.21 percent or 249,223 shares of “Erdenes Khuns” JSC to Ganbaatar.B “Chingis Khan Engineering Group” JSC who owns 36.79 percent or 145,075 shares of total “Erdenes Khuns” JSC has been approved. Tender offering will be effective for 60 business days from December 23, 2011.