Turquoise Hill Resources Announces Board Changes

Turquoise Hill Resources Announces Board Changes 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/20/13 -- Turquoise
Hill Resources (TSX:TRQ)(NYSE:TRQ)(NASDAQ:TRQ) today announced that
the company's Board of Directors has accepted the resignation of
director Andrew Harding and appointed Jean-Sebastien Jacques to the
board. Last week Rio Tinto, Turquoise Hill's majority shareholder,
announced management changes and appointed Mr. Jacques as Chief
Executive, Copper and named Mr. Harding Chief Executive, Iron Ore. 
Mr. Jacques joined Rio Tinto in October 2011 and before his current
position he was President, International Operations - Copper. Prior
to Rio Tinto, Mr. Jacques spent more than 15 years working across
Europe, south-east Asia, India and the US in operational and strategy
roles in the aluminum, bauxite and steel industries. He served as
Group Director, Strategy and was on the Executive Committee at Tata
Steel Group from 2007 to 2011. Previously, Mr. Jacques spent four
years as Corporate Development and Strategy Director at steelmaker
Corus and worked for aluminum company Pechiney. 
About Turquoise Hill Resources 
Turquoise Hill Resources (TSX:TRQ)(NYSE:TRQ)(NASDAQ:TRQ), formerly
Ivanhoe Mines, is an international mining company focused on copper,
gold and coal mines in the Asia Pacific region. The company's primary
operation is its 66% interest in the Oyu Tolgoi copper-gold-silver
mine in southern Mongolia. Other assets include a 58% interest in
Mongolian coal miner SouthGobi Resources (TSX:SGQ)(HK:1878); a 57%
interest in copper-gold miner Ivanhoe Australia (TSX:IVA)(ASX:IVA);
and a 50% interest in Altynalmas Gold, a private company developing
the Kyzyl Gold Project in Kazakhstan, which is in the process of
being sold. 
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Forward-looking statements  
Certain statements made herein, including statements relating to the
anticipated achievement of commercial production commencement
milestones, other matters that are not historical facts and
statements of our beliefs, intentions and expectations about
developments, results and events which will or may occur in the
future, constitute "forward-looking information" within the meaning
of applicable Canadian securities legislation and "forward-looking
statements" wi
thin the meaning of the "safe harbour" provisions of
the United States Private Securities Litigation Reform Act of 1995.
Forward looking information and statements relate to future events or
future performance and reflect current expectations or believes
regarding future events and are typically identified by words such as
"anticipate," "could", "should", "expect", "seek", "may", "intend",
"likely", "plan", "estimate", "will", "believe" and similar
expressions suggesting future outcomes or statements regarding an
All such forward-looking information and statements are based on
certain assumptions and analyses made by issuer's management in light
of their experience and perception of historical trends, current
conditions and expected future developments, as well as other factors
management believes are appropriate in the circumstances. These
statements, however, are subject to a variety of risks and
uncertainties and other factors that could cause actual events or
results to differ materially from those projected in the
forward-looking information or statements. Important factors that
could cause actual results to differ from these forward-looking
statements include those described under the heading "Risk Factors"
included in the issuer's Annual Information Form, both filed on SEDAR
and EDGAR. These risk factors may be generally stated as the risk
that the assumptions and estimates expressed above do not occur,
including the assumption in many forward-looking information or
statements that other such information or statements will be correct.
The reader is cautioned not to place undue reliance on
forward-looking information or statements.
Turquoise Hill Resources
Jason Combes
+1 604 648 3920
Turquoise Hill Resources
Tony Shaffer
+1 604 648 3934
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