The
Crown Worldwide Group has made a strategic investment in the emerging market of
Mongolia by pioneering the country’s first state-of-the-art facility in
Ulaanbaatar.

Crown Mongolia’s new warehouse is built on the
10,000 square meter, or  about 2 acres land plot owned by Crown. Three
business divisions are  represented at this location including
logistics, records management and  relocations/household goods services. Being
the first international  standard warehouse in Mongolia, Crown’s new
facility is a leader of its  kind in the country. The facility will have
24-hour security, CCTV cameras and is fully equipped with fire detection and
sprinkler systems. Crown will also implement environmentally friendly
features to the facility such as carbon offset, rainfall
collection/recycling systems, temperature control and solar panels. There is an
additional 6,500 square meter or 86,111 square foot plot of land that is reserved
for phase two of the project; securing Crown land for future
expansion.

With the shortage of such high quality, safe
and secure warehousing in Ulaanbaatar, the new Crown facility will take
a pioneering position in the Mongolian market. Crown’s strategic investment
in this emerging country shows the company’s commitment to Mongolia,
its economy and business development as well as its community.

The grand opening ceremony of the new Crown
facility in Mongolia to be held on Monday, June 18, 2012. Crown Chairman
and Founder, Jim Thompson and David Muir, CEO of Crown Europe/Middle
East/Africa region, will be among the attendees at this event.

James E. Thompson, III, deputy managing
director, Crown Mainland China and Mongolia stated: “We are further strengthening
the Crown network in Asia and also showing dedication to support our
international clients with businesses in Ulaanbaatar, Mongolia. I am pleased to announce that Crown is the first global corporation to construct
our own international standard facility in Mongolia.”