Mongolian SE Task force group meeting was held on January 07, 2010

Thursday, 7 January 2010

Representatives from the State Property Committee, Mongolian stock exchange and “Securities Clearing House and Central Depository” Co.ltd met on January 7, 2010 to discuss the working plan for “2010-year of business environment renovation”.

Mr. D.Sugar, Chairman of the State Property Committee, said: “It is important to immediately start implementation of main issues that were included on the Government planning. In order to accelerate actions and achieve specific results we have to establish task force groups.”

As a result of the meeting, representatives decided to establish the following three Task Force groups:

1. “Upgrade capital market legal environment” working group

2. “Develop capital market infrastructure” working group

3. “Making an IPO” working group