OREANDA-NEWS. October 24, 2011. Uralkali (MICEX: URKA, URKA-004D, URKA-005D, RTS: URKA, LSE: URKA) announces that the Russian Federal Service for Financial Markets (FSFM) has resolved to annul individual numbers (codes) of Uralkali's two additional share issuances (state registrar numbers 1-01-00296-A-004D and 1-01-00296-A-005D dated 28.04.2011).

Following the decision by the FSFM to annul individual numbers, the additional shares issuances will be combined with the main share issuance (state registrar number 1-01-00296-A) in the registrar of nominal securities owners and registration systems of nominal holders. The trade in Uralkali ordinary shares on the Russian stock exchanges will be realized using a single ticker. The combination of numbers and tickets will be carried out in compliance with the internal regulations of the registrar, nominal holders and stock exchanges, and it should not exceed two weeks.

The trade in Uralkali shares will not be suspended due to the combination of the main and additional shares issuances.

Viktor Belyakov, Uralkali CFO:

“The FSFM decision about the combination of Uralkali's share issuances is actually the final legal step in the combination process between Uralkali and Silvinit. The merger created a company that has a very high level of liquidity due to the acute interest from the investment community”.

Uralkali (www.uralkali.com) is one of the world’s largest potash producers with a market share of about 20%. The Company’s assets consist of 5 mines and 8 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Territory, Russia). Uralkali employs over 23,000 people.Uralkali’s shares and GDRs are traded on the LSE, RTS and MICEX.