Turquoise Hill Resources : Announces Results of Voting for Directors

News Release

May 12, 2021

Turquoise Hill Announces Results of Voting for Directors

Turquoise Hill Resources Ltd. (TSX:TRQ) (NYSE:TRQ) ("Turquoise Hill" or the "Company") today announced that the nominees set forth in its management proxy circular dated March 26, 2021 were elected as directors of Turquoise Hill. The detailed results of the vote for the election of directors held at the annual meeting of shareholders, which took place on May 12, 2021, are set out below.

Election of Directors

According to votes received, each of the following seven management nominees was elected as a director of Turquoise Hill to hold office until the Company's next annual meeting of shareholders or until the director's successor is elected or appointed, with the following results:

Name of Nominee	Votes For	% For	Votes Withheld	% Withheld
George Burns	143,281,680	88.96%	17,775,025	11.04%
R. Peter Gillin	129,988,745	80.71%	31,067,960	19.29%
Alfred P. Grigg	133,864,450	83.12%	27,192,255	16.88%
Stephen Jones	135,542,923	84.16%	25,513,782	15.84%
Russel C. Robertson	133,868,003	83.12%	27,188,702	16.88%
Maryse Saint-Laurent	134,154,570	83.30%	26,902,135	16.70%
Steve Thibeault	144,452,375	89.69%	16,604,330	10.31%

Final results on all matters voted on at the annual meeting of shareholders will be filed on SEDAR.

Turquoise Hill Resources Ltd.	Suite 3680 1 Place Ville-Marie	Telephone + 1 514 848 1567	[e-mail]
turquoisehill.com	Montreal, Quebec, Canada	Toll Free + 1 877 589 4455
	H3B 3P2

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Contact

Investors and Media

Roy McDowall

roy.mcdow [e-mail]

Follow uson Twitter @TurquoiseHillRe

About Turquoise Hill Resources

Turquoise Hill is an international mining company focused on the operation and continued development of the Oyu Tolgoi copper-gold mine in Mongolia, which isthe Company'sprincipal and only material mineral resource property. Turquoise Hill'sownership of the Oyu Tolgoi mine isheld through a 66% interest in Oyu Tolgoi LLC (Oyu Tolgoi); ErdenesOyu Tolgoi LLC (Erdenes), a Mongolian state-owned entity, holdsthe remaining 34% interest.

Turquoise Hill Resources Ltd.	Suite 3680 1 Place Ville-Marie	Telephone + 1 514 848 1567	[e-mail]
turquoisehill.com	Montreal, Quebec, Canada	Toll Free + 1 877 589 4455
	H3B 3P2

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