OREANDA-NEWS. November 29, 2011. Uralkali (LSE: URKA) announces that pursuant to Uralkali’s buyback programme announced on 7 October 2011, the following purchases of Uralkali’s shares and GDRs were made during the week from 21 through 25 November:

7,460,980 shares at an average price of USD 7.38;

1,250,000 GDRs at an average price of USD 37.32.

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.