Mr. Altanbagana Bayarsaikhan reports

SOUTHGOBI RESOURCES TO ANNOUNCE FIRST QUARTER 2013 FINANCIAL RESULTS ON MAY 13, 2013

The board of directors of SouthGobi Resources Ltd. will meet on Monday, May 13, 2013, to consider and approve the first-quarter 2013 financial results of the company and its subsidiaries. These financial results will be released before Toronto Stock Exchange market open.

The company will host a conference call and audio webcast to discuss first-quarter 2013 financial results and provide an update on the company's operations. Date and time of the call for various regions will be as follows:

• Monday, May 13, 2013, at 7 p.m. ET/4 p.m. PT;
• Tuesday, May 14, 2013, at 7 a.m. Hong Kong time.

Conference call details

North America toll-free:  416-340-8530/877-240-9772

Hong Kong toll-free:  001-800-2787-2090

U.K. toll-free:  00-800-2787-2090

Australia toll-free:  0011-800-2787-2090

International:  800-2787-2090

The conference call will also be simultaneously webcast on SouthGobi's website. The archived playback will also be available at the website.