PJSC Uralkali (LSE: URKA; Uralkali; the Company), one of the world’s largest potash producers, notes announcement by Enterpro Services Ltd (“Enterpro”) that Enterpro has completed a previously announced tender offer for up to 468,750,000 of the issued and outstanding shares of common stock, nominal value RUB 0.5 per share (“Common Shares”), including Global Depositary Receipts (“GDRs”) representing Common Shares, of Uralkali at a purchase price of US$3.2 (payable in Russian rubles at the Central Bank of Russia US$/RUB exchange rate in effect on 25 May 2015) per Common Share or US$16 per GDR (the “Tender Offer”). The Tender Offer commenced on 24 April 2015 and expired on 22 May 2015.

A total of 134,490,639 Common Shares and 40,971,683 GDRs representing 204,858,415 Common Shares were purchased by Enterpro pursuant to the Tender Offer, which constitutes in the aggregate approximately 11.56% of Uralkali’s outstanding Common Shares. The number of Common Shares and GDRs that were purchased by Enterpro pursuant to the Tender Offer did not exceed 468,750,000 Common Shares, including Common Shares represented by GDRs, which is the maximum number of Common Shares and GDRs that could be subject to purchase in the Tender Offer pursuant to the Tender Offer Memorandum dated 24 April 2015.

Uralkali (www.uralkali.com) is one of the world’s largest potash producers and exporters. The Company’s assets consist of 5 mines and 7 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Region, Russia). PJSC Uralkali employs ca. 11,000 people (in the main production unit). Uralkali’s shares and GDRs are traded on the Moscow Exchange and London Stock Exchange, respectively.