PhosAgro GDRs to be Added to FTSE Indices on March 15

OJSC PHOSAGRO - PhosAgro GDRs to be Added to FTSE Indices on March 15

PR Newswire

London, March 13

PhosAgro GDRs to be Added to FTSE Indiceson March 15

Moscow - PhosAgro ("the Company") (Moscow Exchange, LSE: PHOR), a leadingglobal vertically integrated phosphate-based fertilizer producer, announcesthat the FTSE Group has decided to add PhosAgro Global Depositary Receipts(GDRs) to the FTSE Global Equity Index Series and the FTSE All World EquityIndex Series effective as of the close of market trading on 15 March 2013 (http://www.ftse.com/tech_notices/2013/Q1/77859_20130306_GEIS_Emerging_Europe_Review.jsp) .

PhosAgro CEO Maxim Volkov said: "We are very pleased with the decision by FTSEGroup to add our shares to these indices, which are widely used by investorsaround the world in building and analysing investment portfolios of securitiesand derivatives."

The FTSE Global Equity Index Series covers over 7,200 securities in 47different countries and captures 98% of the world's investable marketcapitalisation.

The FTSE All-World Index Series is the aggregate of over 2,800 stocks from theFTSE Global Equity Index Series. It covers 90-95% of the investable marketcapitalisation.

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OJSC PhosAgro

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's2011 IFRS revenue was over USD 3.4 bln and EBITDA was USD 1.2 bln. The Сompany's net debt/EBITDA ratio was 0.43 at 31 December 2011.

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