Moscow, Russia – 4 August, 2009 — URALCHEM, OJSC (“the Company” or “URALCHEM”), one of the largest producers of nitrogen and phosphate fertilizers in Russia and the CIS, today reported production results for the first half of 2009.

According to the results for the 1^st half of 2009, URALCHEM enterprises produced 2,216,078 tonnes of commercial products, which is a 10% decrease compared to the 1^st half of 2008 (including Voskresensk Mineral Fertilizers, OJSC).

Production of Key Commercial Output for the 1^st half of 2009-2008 (tonnes)

1 The information in this column is based on consolidated production results of URALCHEM Group (including KCCW, OJSC, Azot, OJSC and Voskresensk Mineral Fertilizers, OJSC) as if the acquisition of Voskresensk Mineral Fertilizers, OJSC took place on 1 January, 2008.

Dmitry Osipov, Chief Executive Officer of URALCHEM commented: “Despite the ongoing instability in the international fertilizer markets, URALCHEM production results in the first half of 2009 show only a 10% decrease in the production of key commercial output compared to the first quarter of 2008. The decrease in production is mainly due to the ongoing difficulties with supplies of apatite concentrate - key raw material for phosphate fertilizers. As a result, in the first half of 2009 the production of these fertilizers, including DAP and MAP only reached one third of the result of the first half of 2008. It should be noted, however, that the Company was able increase the output of key nitrogen fertilizers by 10%. The world crisis resulted in a significant decrease in actual demand for fertilizers that has not yet restored. Nevertheless, the results of the first half of 2009 show that we have developed and are implementing an efficient program to overcome the effect of the economic decline and maintain stable production”.