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00975 MONGOL MINING
RTNominal unchange8.240 0.000 (0.000%)
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05/04/2012 09:34

Mongol Mining unaffected by major holder's reorganization

Mongolian Mining Corporation (00975) said was
informed by its controlling shareholder, MCS Mining Group Limited, that as a result of the
implementation of an internal reorganization by the MCS Group, MCS Mining Group Limited is
now wholly-owned by MCS (Mongolia) Limited, which is in turn wholly-owned and controlled
by the same ten ultimate individual beneficial owners through their respective corporate
holding vehicles.
In addition, MCS Mining Group Limited transferred 10% of the shares to these ten
corporate vehicles held by these ten ultimate individual beneficial owners in the same
proportion. The interest and control of the ultimate individual beneficial owners in
Mongolian Mining remain unchanged. (HL)

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