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MONGOLIA ENERGY CORPORATION LIMITED

(Incorporated in Bermuda with limited liability)

(Stock Code: 276) CHANGE OF ADDRESS OF THE PRINCIPAL PLACE OF BUSINESS

The Board of Directors of Mongolia Energy Corporation Limited ("MEC") announces that the address of the principal place of business of MEC in Hong Kong will be changed to 41st Floor, New World Tower 1, 16-18 Queen's Road Central, Hong Kong with effect from Monday, 14 January 2013.

By Order of the Board Mongolia Energy Corporation Limited Tang Chi Kei

Company Secretary

Hong Kong, 11 January 2013

As at the date hereof, the Board comprises seven Directors, of which Mr. Lo Lin Shing, Simon, Ms. Yvette Ong and Mr. Liu Zhuo Wei are executive Directors, Mr. To Hin Tsun, Gerald is a non-executive Director and Mr. Peter Pun OBE, JP, Mr. Tsui Hing Chuen, William JP and Mr. Lau Wai Piu are independent non-executive Directors.

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