Uralkali (the Company) announces that pursuant to the Company’s open market buyback programme announced on 23 November 2015, the following purchases of the Company’s shares and GDRs were made from 01 January through 18 January 2016:

• 3,851,324 shares
• 75,200 GDRs

Since the start of the Company’s open market buyback programme, an aggregate of 32,280,059 shares and 8,506,136 GDRs constituting 2.5% of the Company’s share capital have been purchased.

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). Uralkali employs ca.11,000 people (in the main production unit). Uralkali’s shares are traded on the Moscow Exchange.