PhosAgro FY 2013 Operating Results and Market Update

For Immediate Release 07 February 2014 PhosAgro to Announce FY 2013 Operating Results and Provide Fertilizer MarketUpdate On 10 February 2014, PhosAgro will release its operating results for the 12months ended 31 December 2013, and provide an update on the latest fertilizermarket developments on a conference call. The Company will hold the conference call and webcast at 13:00 London time (17:00 Moscow; 08:00 New York). Following a presentation of the results and the fertilizer market update,PhosAgro CEO Andrey Guryev will answer questions from conference callparticipants. The call will be held in English, with simultaneous translation into Russian ona separate line. Participants will be required to tell the operator whichlanguage to connect to when dialling in. The press release and presentation with details of the FY 2013 operatingresults will be made available on the Company's website on the day of theannouncement. Webcast links: English: http://www.media-server.com/m/p/i4nsnwww/lan/enRussian: http://www.media-server.com/m/p/i4nsnwww/lan/ru Conference call dial-ins: +7 499 272 4337 Moscow+1 212 999 6659 New York+44 (0) 20 3003 2666 London Toll Free: 0808 109 0700 UK1 866 966 5335 USA8 10 8002 490 2044 Russia (Moscow only) Conference call password: PhosAgro For further information please contact: OJSC PhosAgro Irina Evstigneeva, Head of Corporate Finance and Investor [email protected]+7 495 231 3115 Timur Belov, Press Officer+7 495 232 9689 EM Sam [email protected]: +44 7554 993 032t: +7 916 306 6112 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. The Сompany's net debt/EBITDA ratio was 0.77 at 31 December 2012.