SouthGobi Resources announces results of Annual Meeting of Shareholders

May 17, 2012

SouthGobi Resources announces results of Annual Meeting of Shareholders

VANCOUVER, CANADA – SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) announced today the results of the Annual Meeting of shareholders held in Vancouver, Canada on May 17, 2012.

The majority of shareholders voted in favour of all resolutions at the meeting as set out in the Company's Information Circular dated April 13, 2012, namely:

• Re-election of Peter Meredith, Alexander Molyneux, Pierre Lebel, Andre Deepwell, R. Edward Flood, Robert Hanson, and W. Gordon Lancaster as directors of the Company.
• Appointment of PricewaterhouseCoopers LLP as auditors of the Company.

The Stock Exchange of Hong Kong has granted SouthGobi a waiver from Listing Rule 13.39(4) which requires that any vote of shareholders at a general meeting must be taken by poll. Therefore this notice does not contain the specific information set out in Listing Rule 13.39(5).

About SouthGobi Resources

SouthGobi Resources is focused on exploration and development of its Permian-age metallurgical and thermal coal deposits in Mongolia’s South Gobi Region. The company’s flagship coal mine, Ovoot Tolgoi, is producing and selling coal to customers in China. The company plans to supply a wide range of coal products to markets in Asia.

Information contacts, SouthGobi Resources

Dave Bartel, Vice President Investor Relations and External Affairs (Hong Kong) +852 2156 7023 Steven Feldman, Investor Relations Manager (Vancouver) +1 604 331 9813 Website: www.southgobi.com

Forward-Looking Statements: This document includes forward-looking statements. Forward-looking statements include, but are not limited to, plans to supply a wide range of coal products to markets in Asia; and other statements that are not historical facts. When used in this document, the words such as “plan,” “estimate,” “expect,” “intend,” “may,” “likely” and similar expressions are forward-looking statements. Although SouthGobi believes that the expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements are disclosed under the heading “Risk Factors” in SouthGobi’s Management Discussion and Analysis of Financial Condition and Results of for the year ended December 31, 2011 and the three months ended March 31, 2012 which are available at www.sedar.com.