Starting July 2, 2012, Mongolian Stock Exchange has
successfully migrated to the new trading, clearing, settlement and surveillance
platform, informed the Mongolian Stock Exchange.

As part of the transition, market participants and their
clients have stand to benefit from further advantages, including a receipt of
one-stop service at the brokerage firm to open not only brokerage dealing and
but, in some instances, also bank settlement account with added features, such
as interest accrual and client account deposit insurance program.

The number of complaint member as well as the trading volume
has increased steadily from day-to-day. Since the new system migration day the
total turnover has exceeded over MNT 35.2 billion. Last week alone, the trade
turnover reached MNT 17.5 billion. Since migration, no major issues have been
reported on the technical side, and it is being viewed by the analysts that
modernization process has been implemented successfully.

As part of new system, the trading day begins with
pre-opening auction at 9:40 am, followed by regular trading from 10 am-1 pm
local, which corresponds with 9:40 pm-1 am on the East Coast and 6:40 pm-10 pm
on the West Coast of the North America time zone.