PhosAgro Changes Legal Entity Name to PJSC

OJSC PHOSAGRO - PhosAgro Changes Legal Entity Name to PJSC

PR Newswire

London, August 17

PhosAgro Changes Legal Entity Name from OJSC to PJSC

Moscow – PhosAgro ("PhosAgro" or "the Company") (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, today announces that it has changed its legal entity name from Open Joint Stock Company (“OJSC”) PhosAgro to Public Joint Stock Company (“PJSC”) PhosAgro.

The decision was taken by shareholders at an EGM on 29 July 2016, at which shareholders approved the Company’s revised Corporate Charter reflecting the name change.

The changes to the Company’s Charter were made in accordance with relevant legislation. In addition, the changes were aimed at compliance with the recommendations set out in the Central Bank of Russia’s approved Corporate Governance Code.

The changes to the Company’s legal name were registered with the Unified State Register of Legal Entities on 15 August 2016.

For further information please contact:PJSC PhosAgroIrina Evstigneeva, Head of Corporate Finance and Investor Relationsir@phosagro.ru+7 495 231 3115Timur Belov, Press OfficerAnastacia Basos, Deputy Press Secretary+7 495 232 9689EMSam VanDerlipvanderlip@em-comms.com+44 7554 993 032+7 499 918 3134Tom BlackwellBlackwell@em-comms.com+7 919 102 9064Notes to Editors

PhosAgro is one of the leading global vertically integrated phosphate-based fertilizer producers. The Company focuses on the production of phosphate-based fertilizers, feed phosphate and high-grade phosphate rock (P2O5 content of not less than 39%).

The Company is the largest phosphate-based fertilizer producer in Europe, the largest producer of high-grade phosphate rock worldwide and the third largest MAP/DAP producer in the world (excluding China), according to Fertecon. PhosAgro is also one of the leading producers of feed phosphates (MCP) in Europe, and the only producer in Russia. It is Russia’s only producer of nepheline concentrate.

PhosAgro’s main products include phosphate rock, 33 grades of fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate, which are used by customers in 100 countries spanning all of the world’s inhabited continents. The Company’s priority markets outside of Russia and the CIS are Latin America, Europe and Asia.

PhosAgro’s shares are traded on the Moscow Exchange, and global depositary receipts (“GDRs”) for shares trade on the London Stock Exchange (under the ticker PHOR). Since 1 June 2016, the Company’s GDRs have been included in the MSCI Russia and MSCI Emerging Markets indexes.