Moscow Exchange Admits New PhosAgro Shares to Trading

For Immediate Release 3 July 2013 Moscow Exchange Admits Newly Issued PhosAgro Shares to Trading Moscow - PhosAgro (or "the Company") (Moscow Exchange, LSE: PHOR), a leadingglobal vertically integrated phosphate-based fertiliser producer, announcesthat its newly issued shares have been admitted to trading on the MoscowExchange. PhosAgro's newly issued ordinary shares have been included in the MICEX StockExchange A1 quotation list along with the Company's existing shares. The stateregistration number of the additional issue of 5,022,920 shares is1-02-06556-A-001D dated 15 November 2012, the ticker is PHOR-001D and the ISINis RU000A0JTBU1. In accordance with the decision of the MICEX Stock Exchange, trading in theshares begins today. PhosAgro issued 5,022,920 new ordinary shares with a nominal value of RUB 2.5,raising over USD 210 million. Following the additional share issue, PhosAgro'sshare capital consists of 129,500,000 ordinary shares. For further information please contact: OJSC PhosAgro+7 495 232-96-89Irina Evstigneeva, Head of Corporate Finance and Investor RelationsTimur Belov, Press Officer M:CommunicationsSam [email protected]+44 (0) 7554 993 032 Notes to Editors PhosAgro is a leading global vertically integrated phosphate-based fertiliserproducer. The Group focuses on the production of phosphate-based fertilisers,feed phosphate and high-grade phosphate rock (with P2O5 content of not lessthan 39 percent), as well as ammonia and nitrogen-based fertilisers. The Group is the largest phosphate-based fertiliser producer in Europe, thelargest producer of high-grade phosphate rock worldwide and the second largestMAP/DAP producer in the world (excluding China), according to Fertecon.PhosAgro is also a leading producer of MCP feed phosphates in Europe, and theonly producer in Russia. PhosAgro has 2.1 billion tonnes of resources (according to JORC) of highquality apatite-nepheline ore, representing over 75 years of production. TheGroup also controls substantial Al2O3 resources and has 41% of Russia's rareearth oxides resources according to the G.P. Luzin Institute of EconomicProblems of the Kolskiy Scientific Centre of the Russian Academy of Sciences,2010). The Group's mines and phosphate rock production facilities are located in themountainous areas of the Kola Peninsula in the Murmansk region of northwestRussia, whereas its fertiliser and feed phosphate production assets are locatednear the city of Cherepovets in the Vologda region and near the city ofBalakovo in the Saratov region of southwest part of European Russia. PhosAgro's2012 IFRS revenue was over USD 3.4 bln and EBITDA was USD 1.1 bln. TheCompany's net debt/EBITDA ratio was 0.77 at 31 December 2012.

For further information on PhosAgro please visit: www.PhosAgro.com