OREANDA-NEWS. April 26, 2011. OJSC Uralkali and OJSC Silvinit have completed the redemption of shares held by the shareholders of the two companies who either voted against the merger and approval of major transactions or did not participate in the Extraordinary General Shareholders Meetings of the companies held on February 4, 2011.

Uralkali’s Shareholder Redemption Report, which has been approved by its Board of Directors, shows that the Company spent approximately 24.7 million roubles (USD 0.87 million) on the redemption of shares.

Silvinit’s Shareholder Redemption Report, which has also been approved by its Board of Directors, shows that the Company spent more than 48 million roubles (approximately USD 1.7 million) on the redemption of shares.

Accordingly, Uralkali and Silvinit have completely fulfilled their commitments on share redemptions.