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SOUTHGOBI RESOURCES LTD.

南戈壁資源有限公司*

(a company continued under the laws of British Columbia, Canada with limited liability)

(Stock Code: 1878)

SouthGobi Resources announces resignation of Vincent H. Kou as General Counsel and Corporate Secretary HONG KONG - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878), (the "Company") today announces the resignation of Vincent H. Kou as General Counsel and Company Secretary as well as the authorized representative of the Company ("Resignation"), effective November 14,

2014. Mr. Kou has accepted a role at another company. Mr. Kou's replacement will be announced by the Company in due course.

Mr. Kou has confirmed that he has no disagreement with the board of directors of the Company and there is no matter relating to his Resignation that needs to be brought to the attention of the shareholders of the Company.

The Board takes this opportunity to express its sincere gratitude to Mr. Kou for his valuable contribution to the Company during his tenure.

By order of the Board SouthGobi Resources Ltd. Ms. Kay Priestly Chairperson

Hong Kong, October 17, 2014

As of the date of this announcement, the executive Director is Mr. Kenneth Ross Tromans, the non-executive Directors are Ms. Kay Priestly, Mr. Bold Baatar, and Mr. Kelly Sanders, and the independent non-executive Directors are Mr. Pierre Bruno Lebel, Mr. Andre Henry Deepwell, and Mr. William Gordon Lancaster.

* For identification purposes only

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