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MESSAGE FROM PRESIDENT

Since our founding in 1992, Nomin Holding has aimed to provide innovative
and cost-effective goods and services to Mongolia as a whole.

Our passion and dedication, aided by the latest technological advancements
in retail and business, has allowed us to set the standard of quality goods and
customer satisfaction for the Mongolian population.

We set high expectations for ourselves in our relationships with employees, cus-
tomers and suppliers; trust, respect, and reliability characterize our business at
all levels. Our company strives for long-term growth and we only achieve that
by consistent cost management, professional operation and valuing above all
in the trust of our customers in the services and products we provide.
I am incredibly pleased with the ongoing development of the Nomin leadership
team. The turnover growth of Nomin Holding has been steady with an annual
increase of over 30% in the last three years. We are proud of our accomplish-
ments and we will undoubtedly surpass these benchmarks in the coming years
as there are still opportunities to explore many new markets in Mongolia.
Our corporate capabilities and success have brought unusual challenges along
the way. The task ahead is to keep our strength and status as a premium brand
for the people of Mongolia. I extend my sincerest appreciation to our suppliers,
customers and employees whose generous support is a vital force in realizing
our vision. As one of the leading companies in Mongolia, we are aware of our
national, local and social responsibility. These are obligations that we actively
take very seriously. It is my great pleasure to present to our company profile.
We look forward to the opportunity to develop a successful partnership with
your company.

Sincerely Yours,

Sh.Bayarsaikhan
Chairman & President