PRESS-RELEASE

URALCHEM, OJSC is the first Russian company to become full members of the Agricultural Industries Confederation (AIC) of Great Britain

Moscow, Russia – 6 November, 2009 – URALCHEM, OJSC, (“the Company” or “URALCHEM”), one of the largest producers of nitrogen and phosphate fertilisers in Russia and the CIS, today announced that the Company, via its Latvian based affiliated company, URALCHEM Trading LLC, has been welcomed as a full member of the Agricultural Industries Confederation, AIC.

The AIC is the leading British association of agricultural supply companies. The association was founded in 2003 and currently has a membership of over 300 companies with a combined total annual turnover of GBP 6.5 billion (“ex-farm”).

Members of Agricultural Industries Confederation operate in such areas as animal feed, crop protection, mineral fertilisers, grain and oil crops, and the confederation also oversees compliance with applicable laws and environmental legislation as well as operating trade assurance schemes in the grain and fertiliser markets.

The AIC represents its members’ interests in the political and business community in Great Britain, insures its members’ commercial activities, and provides technical and informational support.

By being the first Russian company to become members of the AIC, Dmitry Osipov, Chief Executive Officer of URALCHEM, OJSC stressed the importance of this event and the future effect it can have on the Company. Mr. Osipov said: “The fact that URALCHEM was admitted to the Agricultural Industries Confederation is a testament that the Company is recognized as an important participant in the agricultural market of Great Britain. Membership in this authoritative association will strengthen the Company’s position in the mineral fertiliser market in Western Europe”.

Public Relations Department

URALCHEM

tel. +7 (495) 721 89 89
pr@uralchem.com
www.uralchem.com

URALCHEM is one of the largest producers of nitrogen and phosphate fertilizers in Russia and the CIS with production capacities of over 2.7 million tonnes of ammonium nitrate, 2.0 million tonnes of ammonia, 0.8 million tonnes of MAP and DAP, 0.8 million tonnes of complex fertilizers and 0.5 million tonnes of urea. URALCHEM is the second largest ammonium nitrate producer in the world and number one in Russia. URALCHEM’s key production assets include Kirovo-Chepetsk Chemical Works, OJSC in Kirovo-Chepetsk, Kirov region; Azot, OJSC in Berezniki, Perm region; Voskresensk Mineral Fertilizers, OJSC in Voskresensk, Moscow region. 

Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of URALCHEM. We wish to caution you that these statements are only predictions. We 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 profitability, growth, cost and synergy of our recent acquisitions, the impact of competitive pricing, the ability to obtain 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 business and global economic conditions.