The Board of Directors of JSC Uralkali held a meeting on 22 May 2009, which approved the decision to hold the company’s Annual General Meeting on 30 June 2009 in Berezniki (Perm territory). The record date for persons entitled to vote in the AGM will be 25 May 2009.

The Board of Directors has recommended that the AGM approve remuneration for 2008 only for the independent members of the Board of Directors and allocate 14.5 million roubles for this. The Board of Directors has recommended not paying remuneration to the rest of the board members.

The company’s net profit according to Russian Accounting Standards for 2008 was 29.5 billion roubles. In September 2008, the General Meeting of Shareholders approved interim dividends of 8.5 billion roubles for 1H 2008. The Board of Directors has recommended the AGM not to allocate the remaining part of the profit, totaling around 21 billion roubles.