Cameron McRae President & CEO

Defining the Mongolian Mining Sector: THE EFFECT OF OYU TOLGOI Mongolia 2013 Investment Summit April 17, 2013

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PROGRESS TO DATE

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DEVELOPING THE SOUTH GOBI

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SUPPORTING PEOPLE

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DEVELOPING THE ECONOMY

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* Source: IDOP Technical Report Assumptions

80 per cent of value will come from underground

Open Pit 184kT Cu

Underground 628kT Cu

THE PROMISE TO COME

Ready to go today Yet to come

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THE VALUE OF PARTNERSHIP

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GOVERNMENT AND BUSINESS WORKING TOGETHER

• Pro-investment policy and legal framework

• OT Project Finance

• Stable contract environment

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THE FUTURE

THANK YOU

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