OREANDA-NEWS. June 26, 2012. Uralkali (LSE: URKA), one of the world’s largest potash producers, announces that it has for the first time obtained credit ratings from each of the three international credit rating agencies: Fitch, Standard&Poor’s and Moody’s. Fitch and Standard&Poor’s have assigned the Company corporate credit ratings of BBB- and Moody’s has assigned Baa3. The outlook by all three rating agencies is Stable.

Viktor Belyakov, Uralkali CFO, commented:

“The consistent investment-grade ratings from the three international agencies acknowledge that Uralkali is a first-class Russian borrower with strong industry position, balanced financial policy, prudent risk management practices, and adherence to leading corporate governance standards. We anticipate that such high ratings will allow us to attract credit financing even more efficiently and further expand our investor base. We are pleased that the agencies have recognised our financial and operational success and we will endeavour to ensure that Uralkali remains one of the industry’s leading companies.”

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 7 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Territory, Russia). Uralkali employs ca. 12,500 people (in the main production unit). Uralkali’s shares and GDRs are traded on the RTS-MICEX and LSE, respectively.