Completion of Uralkali buyback programme

20.09.2016

Uralkali (the Company; MICEX: URKA) informs that the open market buyback programme announced on 18 May 2016 is completed. From 10 through 19 September 2016 18,166,367 Companyís shares were acquired.

Since the start of the Companyís open market buyback programme, an aggregate of 92,172,796 shares and 1,215,191 GDRs representing 3.35% of the Companyís share capital have been purchased.

As of 20 September 2016 the free float of Uralkaliís shares (including shares represented by GDRs) constitutes 5.61% of the Companyís share capital, which is below the free float requirement for the Level 1 quotation list on the Moscow Exchange.

Pursuant to the Moscow Exchange Listing Rules, if for six consecutive months the free float in common shares remains below 7.5% of the Companyís share capital, the Companyís common shares will be excluded from the Level 1 quotation list and will be eligible only for the Level 3 quotation list. This listing level downgrade may have a material adverse effect on the trading price and liquidity of the Companyís common shares.

Uralkali (www.uralkali.com) is one of the worldís largest potash producers and exporters. The Companyís assets consist of 5 mines and 7 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Territory, Russia). Uralkali employs ca.11,000 people (in the main production unit). Uralkaliís shares are traded on the Moscow Exchange.

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