OREANDA-NEWS. May 24, 2011. Uralkali announces that Polish competition authorities have unconditionally approved the statutory merger of Uralkali and Silvinit (the “Merger”).

The Merger previously received approvals of Brazilian, Ukrainian competition authorities and the Russian Federal Antimonopoly Service.

The combination between Uralkali and Silvinit will be completed upon approval of reports on results of Uralkali share issuances by the Board of Directors of Uralkali which is expected on 25 May 2011 and subsequent filing and registration of the reports on results of Uralkali share issuances by the Russian Federal Service for Financial Markets (“FSFM”), which may take up to 2 weeks after filing of the reports.

Upon the registration of the share issuance reports with the FSFM, Uralkali will apply for a new admission of Uralkali global depositary receipts (“GDRs”) to the Official List of the UKLA and to trading on the regulated market of the International Order Book of the London Stock Exchange and newly issued shares of Uralkali will then become eligible for deposit into the GDR programme of Uralkali.