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JSC Uralkali (URKA)

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Thursday 13 March, 2008

JSC Uralkali

Auction Results

JSC Uralkali
13 March 2008

                                 Press Release


Results of auctions for rights to develop Verkhnekamskoye Potash Deposit

The auctions for licenses to develop Verkhnekamskoye Potash Deposit
in Perm took place on 12 March 2007. JSC 'Uralkali' participated in
those auctions but did not take any of the licenses. For further
details you can refer to Uralkali Management's comments on the
results of the auction, which are available on the website

                                    - ENDS -

Uralkali is the world's largest publicly-traded pure-play potash producer with a
leading market penetration in the most significant developing markets for
fertiliser consumption. Uralkali produces three main potash products: granular
muriate; white muriate; and pink muriate. Uralkali has the world's largest
potash export platform through its joint venture interest in Belorussian Potash
Company. Uralkali is listed on the RTS stock exchange (RTS: URKA). Uralkali GDRs
are listed on the London Stock Exchange (URKA LI).

Further enquiries


Alexei Komlyk                                     +7 (495) 730 23 71
Anna Batarina


Brian Cattell
Peter Russell                                    +44 (0) 207 251 3801
Sophia Matveeva

                      This information is provided by RNS
            The company news service from the London Stock Exchange