OREANDA-NEWS. February 01, 2011. OJSC Uralkali ("Uralkali") notes recent press reports that OJSC Acron and LICONA (INTERNATIONAL) LIMITED have filed a claim against OJSC Silvinit (“Silvinit”) in the Perm Territory Arbitrazh (Commercial) Court seeking to invalidate the decision of the Board of Directors of Silvinit taken on 20 December 2010 to approve the decisions related to the proposed merger with Uralkali and seeking other unspecified injunctive relief.

Silvinit has not received official notification of the court claims but believes that any such claims are without merit and intends to contest such claims vigorously in accordance with Russian law.