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PRESS RELEASE

URALCHEM has become the largest Russian producer of ammonia Moscow - February 12, 2013. In 2012, URALCHEM became the largest Russian producer of ammonia. The supporting data was published in the annual report of the Russian Scientific Research and Design Institute of Nitrogen and Organic Synthesis Industry (GIAP). In 2012, the Company manufactured a total of 2,781,877 tons of ammonia, which was 3% higher than in 20111. In 2012, URALCHEM increased the production of most of its main commodity products. The total output reached 6.024 million tons, up 2% from the previous year. The production of diammonium phosphate (DAP) grew by 64%. The production of complex fertilizers (NPK) increased by 8%. The production of ammonia and urea grew by 7% and 5% respectively. Comparative production figures of the URALCHEM holding companies in 2011-2012 (tons): Year 2011*, tons

Year 2012, tons

Year-on year change, %

738,891

789,154

7%

1,105,015

1,164,333

5%

564,497

609,941

8%

2,654,564

2,604,699

-2%

DAP

68,473

112,497

64%

MAP

451,787

384,681

-15%

Other types of fertilisers

11,595

15,274

32%

Other chemicals

290,185

343,236

18%

5,885,007

6,023,815

2%

Name of product Ammonia (commodity) Urea NPK fertilisers Ammonium nitrate and its derivatives

Total

Dmitry Konyaev, CEO of URALCHEM, OJSC commented on the results for the year 2012: "In the past few years, we have been paying great attention to modernization. We have been investing in the renewal of facilities and working to improve the efficiency of production. In 2012, we were responsive to the needs of the market and focused on the production of ammonia and other products demanded by the market. Due to these factors, we were able to surpass the record production figures of 2011, with a total output of more than 6 million tons of commercial products, as well as achieving strong financial performance. " *** PR department URALCHEM, OJSC Telephone: +7 (495) 721 89 89 pr@uralchem.com 1

including production from the Minudobrenia enterprise in Perm.


*** URALCHEM, OJSC is one of the largest producers of nitrogen and phosphate fertilisers in Russia and the CIS with production capacities of over 2.5 million tonnes of ammonium nitrate, 2.8 million tonnes of ammonia, 0.8 million tonnes of MAP and DAP, 0.8 million tonnes of complex fertilisers and 1.2 million tonnes of urea. URALCHEM, OJSC is the second largest ammonium nitrate producer in the world and number one in Russia, the second largest producer of nitrogen fertilisers in Russia. Key production assets of URALCHEM, OJSC include Azot Branch of URALCHEM, OJSC in Berezniki, Perm Region; OJSC Minudobrenia, Perm; MFP Kirovo-Chepetsk Chemical Works, OJSC Branch in Kirovo-Chepetsk, Kirov region; Voskresensk Mineral Fertilisers, 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 forwardlooking 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.


URALCHEM has become the largest Russian producer of ammonia