1 | P a g e

Investment Bulletin No. 1

Friday, 7th of February 2014

In this bulletin:

Progress and Program

The Olympic Residence

The Nukht Village

Luxury Business and Infrastructure

Progress of Construction

The Olympic Residence Project

Currently, we’re making rapid progress on the site of The Olympic

Residence and we’re very pleased with the high quality of our work and fine

management on the site. We completed the skeleton frame that includes a total of

sixteen floors of 35709.2 m2 on the site of The Olympic Residence. Under the

building, there are two floors of garage that is spacious for high quantity of

vehicles. On the top of the building, there is the seventeenth technical floor. As of

now, we have recently finished the room division with the brick plantation,

2 | P a g e

masonry mortar work, and planted slabs on the garage floor for lean and smooth

ground. In addition, we have completed the exterior heating system installation

along with the exterior water supply network installation. The project as a whole is

approximately two quarters behind program and this delay is largely due to late

arrival of façade materials which lead to being delayed due to winter of Mongolia.

In 2014, we are increasing our efficiency and progress to reimburse for delayed

schedule in order to stay on programmed schedule. The operations in the projects

that are being underway currently are stated below:

Electric wiring turbine installation

The vertical plumbing pipe system installation

Lighting Protection rod wire installation

Waste plumbing pipe system installation

Finish uncompleted brick plantation

Exterior window grazing and installation

Façade foam insulation

The Nukht Village Project

Currently, we’re making rapid progress on the site of The Nukht Village and

we’re very pleased with the high quality of our work and fine management on the

site. The Nukht Village consists of 13103.14 m2 two to three floor buildings are

European design and finish that are divided into A and B blocks. Currently, the

façade and roofing operation have been completed with the highest quality of

materials. The project as a whole is behind schedule however the A block of the

project will soon be operational as it is approved by Building Commission

Association. Currently completed tasks are stated below:

3 | P a g e

Overall

A and B block façade installation

Roof installation

Window grazing and installation

Electrical and power transformers are built

Exterior plumbing

Exterior lighting

Lighting Protection rod wiring installation

Masonry Mortar and room division brick plantation

A Block

Landscaping

Interior waste plumbing line and pipe systems

Heating Systems

Ventilation 40 percent

Interior decoration 50 percent

Interior electrical wiring and systems installation

Security and Networking installation

Majority of the project is complete; the overall project is near completion.

However, there is much work to be done at B block of the project. We have

finished the installation of heating systems since we are not receiving any heat

from the city which allows us to fully operate on the interior tasks of the project.

Immediate ongoing work at this stage includes:

Interior electrical wires are being distributed to the units/apartments

General electrical wires are being planted from the power transformers to the

buildings

Interior decoration installation

4 | P a g e

HVAC installation

Fire alarm and safety features installation

Network and Securities interior task

Plumbing equipments installation

Luxury Business and Infrastructure

Our company develops various city buildings that are both beautiful in sight

and luxurious for utility. The main development area is the city center of

Ulaanbaatar for office, suite, apartment, and commercial buildings that are suited

to international and European standards for construction buildings. As Mongolia is

developing to the level of high developed countries, the country requires buildings

that are similar to high-developed country building. Because of this reason, the

requests for luxury and utility buildings have skyrocketed in the recent years and

will continue in this same pattern. Entertainment shopping centers that are both

luxurious and European style are rare in Mongolia, because of this reason; our

company is focusing on creating this atmosphere through our project. These

shopping centers and outlets will allow visitors to our project the taste of

international brands and foreign cultural dinning.

THE OLYMPIC RESIDENCE PROGRESS PHOTOGRAPHY &

EXPLANATION

5 | P a g e

This is after completing the

foundation of The Olympic

Residence and working on the

first floor assembly and

installation of reinforced rebar.

Terminated pile caps waiting for

concrete slab on The Olympic

Residence project.

6 | P a g e

Completion of Skeleton Frame

7 | P a g e

Working on exterior heating

installation

Heating pipe system (5b)

Reinforcement of Pipe

Aquifer Frame

5B pipe into building

penetration

Heating Pipe into

Building penetration

8 | P a g e

THE NUKHT VILLAGE PROGRESS PHOTOGRAPHY &

EXPLANATION

Support Column

Waterproofing

Awaiting for concrete

reinforcement

Pouring concrete

at first floor of A

block

Vibrating concrete

and blinding

concrete

9 | P a g e

In this picture, you can see

the workers installing the

exterior stone on the façade.

Beneath the stone, the foam

insulation is already

installed.

In this picture, you can see

the workers installing the

roof top terracotta on the

top of each building. It has

water damage protection.

The terracotta is melted at

2000 Celsius for the highest

quality.

10 | P a g e

Landscaping

Artist Team of

MPCC

11 | P a g e

Interior Work and Decorations