Mongolia Energy Corporation Limited : Discloseable Transaction - Disposal of Property

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(Incorporated in Bermuda with limited liability)

On 4 June 2013, the Beijing representative office of Mongolia Energy Corporation Limited entered into the Agreement with the Purchaser for the disposal of the Property at the Consideration of RMB100,000,000.
As the applicable percentage ratios of the Disposal calculated under Chapter 14 of the Listing Rules exceed 5% but are less than 25%, the Disposal constitutes a discloseable transaction for the Company under the Listing Rules.

On 4 June 2013, the Vendor entered into two agreements with the Purchaser for the disposal of the Property.
Date: 4 June 2013
Vendor: The Beijing representative office of Mongolia Energy Corporation Limited
Purchaser: The Purchaser is an individual through the introduction of a property agent in Beijing. To the best of the Directors' knowledge, information and belief having made all reasonable enquiries, the Purchaser is an Independent Third Party.

The property is a residential building situated at