OREANDA-NEWS. August 6, 2012. Further to its announcements of 27 February, 17 April, 24 July, and 1 August 2012, Uralkali (LSE: URKA) informs that the Company’s share capital has decreased from 3,094,637,905 to 2,936,015,891 ordinary shares. The corresponding amendments to Uralkali’s charter were registered on 1 August 2012.

The decrease the share capital came as a result of the merger of IC Silvinit-Resurs and JV Kama into Uralkali and cancellation of Uralkali’s ordinary shares, constituting approximately 5.126% of the Company’s share capital and including those purchased to-date pursuant to the Company’s buyback programme that was announced in October 2011, held by IC Silvinit-Resurs and JV Kama.

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.