The Swedish Energy Agency and Clean Energy LLC have signed an agreement for the transaction of approximately 600,000 Certified Emission Reductions (CERs) generated by the Kyoto Protocol Clean Development Mechanism (CDM) project Salkhit Wind Farm, the fourth CDM project and the first wind power project to be registered in Mongolia.

50 MW Salkhit Wind Farm Project developed by Clean Energy LLC was awarded the Project Finance Asia Pacific Renewable Deal of the Year 2012.

Ulaanbaatar, Mongolia, February 21, 2013 – The Board of Directors of Newcom LLC has released Bayanjargal Byambasaikhan from the position of the Chief Executive Officer of Newcom LLC, and appointed Unenbat Baatar to this position.

Clean Energy LLC was awarded the Best Green Energy Award from the Green Awards 2012 organized by the Ministry of Environment and Green Development on December 19th.

On 18 December, 2012, Mobicom’s 3G network reached Baruun-Urt, center of Sukhbaatar province, and on 20th December, Erdenebulgan soum of Arkhangai aimag joined the company’s nationwide 3G network, thus making Mobicom the first mobile operator in the country with nationwide 3G network coverage.

7 December, 2012, Ulaanbaatar - Newcom announced today of J. Peter Morrow’s retirement as Deputy Chairman of Newcom’s Board of Directors.

Mr. Morrow joined the Board seven years ago to help the company strengthen its corporate governance and advise on its operational structure. He also led Newcom’s initiatives to form the American University of Mongolia.

The Board of Mobicom Corporation appointed Koichi Kawase as Chief Executive Officer of the Corporation effective of 10 December 2012.

Newcom supported the “Renewable Energy Cooperation and Grid Integration in Northeast Asia” International Conference through its committed sponsorship, the active role of CEO B. Byambasaikhan as moderator and speaker as well as Clean Energy’s site visit for the participants to the Salkhit Wind Farm. This conference has been of high importance to the Northeast Asia Region and development of renewable energy and we are happy to be part of it.