Board of Directors meeting of ‘Mongolian Stock Exchange’ JSC was held on 13 September 2012 and the following issues were discussed and decided:
•    Admit ‘Tushig trust’ LLC as a member company;
•    Provide discount on the listing fees stated in the Article 72 of the Listing Rules by 30 percent to the companies initially listing on MSE and 50 percent for those issuing additional shares before 13 September 2013;
•    Calculate the market capitalization by the offer price and the discount shall be provided based on the listing fees approved by the Board of Directors of Mongolian Stock Exchange in February 2012;
•    Exempt the issuer from listing fees if the issuer is issuing additional shares for such purposes as to distribute dividends in form of shares or to exercise employee stock ownership plan where the market capitalization of additional issue falls below 50,000,000 /fifty million/ tugriks. 
The above resolutions shall take into effect on 13 September 2012, the day these resolutions were approved.