PhosAgro Q1 2014 IFRS Results Announcement Date

For Immediate Release 16 May 2014 PhosAgro Q1 2014 IFRS Results Announcement Date On 20 May 2014, PhosAgro will release its reviewed interim condensedconsolidated IFRS financial statements for the three months ended 31 March2014. The Company will hold a conference call and webcast the same day at 13:30London time (16:30 Moscow; 08:30 New York). Following a presentation of the results, PhosAgro CEO Andrey Guryev will answerquestions from conference call participants. The call will be held in English, with simultaneous translation into Russian ona separate line. Webcast links: English: http://www.audio-webcast.com/cgi-bin/visitors.ssp?fn=visitor&id=2288Russian: http://www.audio-webcast.com/cgi-bin/visitors.ssp?fn=visitor&id=2289 Participants Dial-in numbers: Russia:+7-495-662-57-93 UK:+44-20-7190-1595 (Local access)0800-358-5263 (Toll free) USA:+1-480-629-9822 (Local access)1-877-941-6013 (Toll free) Conference ID numbers: English call: 4684221Russian call: 4684222 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 993 032+7 916 306 6112 Notes to Editors PhosAgro is one of the leading global vertically integrated phosphate-basedfertilizer producers. The Company focuses on the production of phosphate-basedfertilizers, feed phosphate and high-grade phosphate rock (P2O5 content of notless than 39%), as well as ammonia and nitrogen-based fertilizers. The Company is the largest phosphate-based fertilizer 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 one of the leading producers of feed phosphates (MCP) inEurope, and the only producer in Russia. PhosAgro has 2.1 billion tonnes of resources (according to JORC) of highquality apatite-nepheline ore. The Company's mines and phosphate rockproduction facilities are located in the mountainous areas of the KolaPeninsula in the Murmansk region of northwest Russia, whereas its fertilizerand feed phosphate production assets are located near the city of Cherepovetsin the Vologda region and near the city of Balakovo in the Saratov region ofsouthwest part of European Russia. PhosAgro's 2013 IFRS revenue was over USD 3.3 bln and EBITDA was USD 752 mln.The Сompany's net debt/EBITDA ratio was 1.8 at 31 December 2013.

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