Source: Savings Bank                      Date: 27 April, 2011

Under an agreement signed earlier this month, ING Bank N.V. will be the exclusive financial advisor of Savings Bank, focusing on its strategic review for potential capital structure initiatives and future opportunities for growth. ING Bank is part of ING Group, a global financial institution of Dutch origin, currently ranked 12th in Fortune Global 500. It is the only foreign bank with a full-service office in Mongolia and has been operating corporate and investment banking businesses in the country since 2008. With its Asia-wide local presence coupled with international reach and global capabilities, ING Bank is in a good position to offer tailor-made corporate finance advisory services to its Mongolian clients and partners.

Savings Bank has been adjudged one of the top five banks in Mongolia and has a nation-wide branch network and over 2,000 employees. Cooperation with the ING Bank will significantly strengthen its position in the market and improve its capital source.