OREANDA-NEWS. Uralkali (LSE: URKA; “the Company”), one of the world's largest potash producers, announces that on 31 July 2013 it was notified by Fenguard that the bonds, issued by it to VTB Capital plc in November 2012 and exchangeable into ordinary shares of Uralkali, have been redeemed. Therefore, 2% of the shares of Uralkali which underlay the Bonds are no longer in pledge as security for the Bonds.

Fenguard has also informed that its percentage in Uralkali's share capital has not changed.

Uralkali is not a party to any agreement regarding this transaction.

Uralkali is one of the world's largest potash producers with a share of about 20% of global potash production. The Company's assets consist of 5 mines and 7 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Region, Russia). Uralkali employs ca. 11,800 people (in the main production unit). Uralkali's shares and GDRs are traded on the Moscow Exchange and LSE, respectively.