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JSC URALKALI URKA Update on Uralkali Buyback Programme

  JSC URALKALI (URKA) - Update on Uralkali Buyback Programme

RNS Number : 4818R
JSC Uralkali
19 November 2012




November 19, 2012



Update on Uralkali Buyback Programme



Uralkali (LSE: URKA) announces that pursuant to Uralkali's buyback programme
announced on 13 November 2012, the following purchases of Uralkali's shares
and GDRs were made during the week from 13 through 16 November 2012:

· 2,036,000 shares at an average price of USD 7.44;

· 327,000 GDRs at an average price of USD 37.22.

Therefore, since the start of  Uralkali's buyback programme the securities  at 
the total amount of approximately USD 27 million have been purchased.



Uralkali intends to  publish further  updates on  the buyback  programme on  a 
weekly basis provided any purchases take place.



For more  details  on the  buyback  programme please  see  Uralkali's  website 
http://www.uralkali.com/investors/shareholder_inf/buyback/.



Uralkali (www.uralkali.com) is  one of  the world's  largest potash  producers 
with a market share of about 20%. The Company's assets consist of 5 mines  and 
7 ore-treatment mills situated in the  towns of Berezniki and Solikamsk  (Perm 
Territory, Russia). Uralkali employs ca. 12,500 people (in the main production
unit). Uralkali's  shares  and GDRs  are  traded  on the  RTS-MICEX  and  LSE, 
respectively.



Enquiries:

Investor Relations

Anna Batarina, CFA
Head of Investor Relations and Capital Markets, Uralkali
Tel.: +7 (495) 730 2371
E-mail: ir@msc.uralkali.com 

Media Relations

Alexander Babinsky

Head of Public Relations, Uralkali

Tel.: +7 (495) 730 2371

E-mail: pr@msc.uralkali.com



This announcement is not  intended to, and does  not constitute, or form  part 
of, an offer to sell or an  invitation to purchase, exchange or subscribe  for 
any securities in any  jurisdiction. This announcement  does not constitute  a 
prospectus or a prospectus equivalent document.

The release, publication or distribution of this announcement in jurisdictions
other than the United Kingdom may be restricted by law and therefore any
persons who are subject to the laws of any jurisdiction other than the United
Kingdom should inform themselves about, and observe, any applicable
requirements. This announcement has been prepared for the purposes of
complying with English law and the information disclosed may not be the same
as that which would have been disclosed if this announcement had been prepared
in accordance with the laws and regulations of any jurisdiction outside of
England.

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

END


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