July 1, 2010                                                                                                                               PRESS RELEASE

Eurasia Capital and MonBiz Media Launch MonBiz Hong Kong Index

HONG KONG. Eurasia Capital, a Hong Kong-based investment bank, and MonBiz Media Ltd. today launched the MonBiz Hong Kong Index, the debut index that includes Mongolia-related companies listed on the Hong Kong Stock Exchange. Thanks to its massive, largely untapped mineral resources, Mongolia offers one of the best investment opportunities in Asia. Mongolia possesses world class resources in copper, coal, gold, uranium and other key commodities.

In recent months, a number of Hong Kong based companies have made acquisitions of resource companies and projects in Mongolia. This trend is strongly in line with Eurasia Capital's view that Hong Kong-listed companies see lucrative opportunities in Mongolia to capitalize on the growing demand for commodities in neighboring China, the largest consumer of Mongolia's mineral resources.

The MonBiz Hong Kong Index will track the share price performance of Hong Kong-listed companies with assets and operations in Mongolia. The index is market capitalization-based and is aimed to become a leading benchmark for Hong Kong-listed companies with growing activities in Mongolia.

The following criteria are applied for a listed company to become a member of the index:

1. to be listed on the Hong Kong Stock Exchange
2. to have minimum market capitalization of HK$250mn
3. minimum 33% of the company's market value is derived from assets and operations in Mongolia.

Currently, there are six HKEx-listed companies that are members of the Index with the total market capitalization of HK$37.6bn (US$4.8bn) as of June 30, 2010. These companies are: Mongolia Energy Co Ltd (276:HK), Southgobi Resources Ltd (1878:HK), Kiu Hung Energy Holdings Ltd (381:HK), North Asia Resources Holding (61:HK), Solartech Intl Holdings Ltd (1166:HK) and Bestway Intl Holdings Ltd (718:HK).

"Our Firm is pleased to launch the MonBiz Hong Kond Index", stated Alisher Ali, Chairman of Eurasia Capital. "Hong Kong is becoming an important source of capital for resource companies in Mongolia. We expect that Mongolian companies from the private sector alone would raise at least US$ 3bn through IPOs and equity capital raising in Hong Kong in the next three years".

Eurasia Capital is a pan-regional investment bank with strong focus on Mongolia, Central Asia with presence in China and Russia. The firm provides cross-border M&A advisory services to strategic and institutional investors seeking exposure to world-class resources in Mongolia and Central Asia. Eurasia Capital assists local and international companies with operations in Mongolia (primarily in resource area) to raise capital both locally and internationally. The Firm's international and regional clients include government organizations, sovereign wealth funds, resource companies, private equity groups and global portfolio investors. 

Further Information:

Sherzod Rakhimov, Eurasia Capital
Phone: +976 7013 0078; email: sherzod.rakhimov@eurasiac.com
www.eurasiac.com

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