Petro Matad has resumed operations at its Davsan Tolgoi prospect in
Block XX in Dornod province, after restrictions enforced following an outbreak
of the foot-and-mouth disease were lifted. The company had to suspend operation
on June 1, as blanket restrictions were imposed on vehicle and personnel
movement in and out of the area. This prevented supply trucks from reaching the
well, and none of the onsite personnel was permitted to leave.

Movement of all personnel and vehicles is now unrestricted, and the company”s
remobilized management team is now onsite.