OREANDA-NEWS. Following the meeting held on 23 October 2013, the Board of Directors of Uralkali (LSE: URKA; the Company), one of the world's largest potash producers, has made the following decisions.

The Board has resolved to convene an Extraordinary General Meeting of Shareholders (“EGM”) in the form of absentee voting on 18 December 2013, and to include the following issues on the agenda:

• interim dividend payment;

• new version of Uralkali's Charter;

• changes in the terms of Uralkali's loan from Sberbank.

The Board has recommended the EGM to approve an interim dividend payment of RUB 2.21 per share and about USD 0.35 per GDR1.

Shareholders registered as at the record date of 29 October 2013 will be eligible to participate in the EGM.

The draft new Charter will be available on the Company's website from 15 November 2013, along with other documents to be presented to shareholders in advance to the EGM.

The Board has also approved the Regulation on the corporate secretary of Uralkali.

Viktor Belyakov, acting Uralkali CEO, commented:

“Uralkali continues generating stable and strong cashflow. This enables us to adhere to our dividend policy which provides for dividend payment at least twice a year in the amount of not less than 50% of our net IFRS profit.”