PRESS RELEASE

URALCHEM has obtained a Syndicated Loan

The URALCHEM group, a leading Russian producer of mineral fertilizers, has refinanced part of its loan portfolio by procuring a !year unsecured syndicated loan" Moscow, Russia (November !, "!#$ -- The URALCHEM group, a leading Russian producer of mineral fertilizers, has refinanced part of its loan portfolio b procuring a !ear unsecured s ndicated loan" The proceeds of the loan ha#e been used to refinance the current s ndicated loan deal, concluded in $ecember %&'%, under (hich the )roup used assignment of rights on its e*port contracts as securit interest for the loan" The s ndicated loan (as obtained on '+ ,o#ember %&'- from a pool of leading international and Russian ban.s" ,ordea /an. A/ 0publ1, H2/C /an. 3LC, Raiffeisenban. and and Rosban. 02oci4t4 )4n4rale )roup1 (ere Mandated Lead Arrangers" 5ithin the frame(or. of the deal, 672C ,ordea /an. acted as $ocumentation Agent and ,ordea /an. A/ 0publ1 acted as 8acilit Agent" The deal (as closed (ithin a #er short time, onl four (ee.s from the date of the official in#itation to the ban.s" The plant in 9iro#o-Chepets. acted as the borro(ing part from the URALCHEM )roup" URALCHEM 672C, the plant in :os.resens., the plant in 3erm, 2;A URALCHEM Trading in Riga and URALCHEM Trading House (ere the guarantors of the loan" The amount of the loan in Euros is the e<ui#alent of U2 =%&& million" The interest rate is Euribor -m > %"!?" The loan documentation made pro#ision for an option of a dra(do(n in Euros, (hich the compan used" The loan period is ! ears (ith a grace period of % ears" This (as the debut unsecured s ndicated loan for the )roup, and it made it possible to release secured assets on the assignment of rights on e*port contracts" The ne( deal has allo(ed for reduction of the interest rate on the loan b more than '"!?, as (ell as the increase of the a#erage time frame for repa ment of the loan" $mitr 9on ae#, CE6 of URALCHEM 672C commented, @6ur mutuall beneficial cooperation (ith the leading ban.s that form the s ndicate has been going on for ears" The terms of the ne( deal and the efficienc of its closing sho( the high confidence that the ban.s ha#e in the )roup and the sustainabilit of its financial position" 5e are grateful to our creditors and appreciate our partnership (ith them"@

PR de%artment URALCHEM, 672C &e'( >A 0BC!1 A%' +C +C Emai'( prDuralchem"com )eb( httpEFF((("uralchem"com URALCHEM, *+SC is one o, the 'ar-est %roducers o, nitro-en and %hos%hate ,erti'isers in Russia and the C.S with %roduction ca%acities o, over /0 mi''ion tonnes o, ammonium nitrate, /1 mi''ion tonnes o, ammonia, "/1 mi''ion tonnes o, MAP and 2AP, "/1 mi''ion tonnes o, com%'e3 ,erti'isers and !/ mi''ion tonnes o, urea/ URALCHEM, *+SC is the second 'ar-est ammonium nitrate %roducer in the wor'd and number one in Russia, the second 'ar-est %roducer o, nitro-en ,erti'isers in Russia/ 4ey %roduction assets o, URALCHEM, *+SC inc'ude A5ot 6ranch o, URALCHEM, *+SC in 6ere5ni7i, Perm Re-ion8 *+SC Minudobrenia, Perm8 M9P 4irovo:Che%ets7 Chemica' )or7s, *+SC 6ranch in 4irovo:Che%ets7, 4irov re-ion8 ;os7resens7 Minera' 9erti'isers, *+SC in ;os7resens7, Moscow re-ion/ Some of the information in this press release may contain projections or other forwardlooking statements regarding future events or the future financial performance of URALCH !" #e wish to caution you that these statements are only predictions" #e do not intend to update these statements and our actual results may differ materially from those contained in our projections or forward-looking statements$ including$ among others$ the achievement of anticipated levels of profita%ility$ growth$ cost and synergy of our recent ac&uisitions$ the impact of competitive pricing$ the a%ility to o%tain necessary regulatory approvals and licenses$ the impact of developments in the Russian economic$ political and legal environment$ financial risk management and the impact of general %usiness and glo%al economic conditions"