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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
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