Zug, Switzerland, 18 January, 2016 – EuroChem Group AG (hereinafter “EuroChem”, “Group” or “Company”), a leading global agrochemical company, today announces that EuroChem, Shaft Sinkers (Pty) Ltd, Rossal No. 126 Pty Ltd. and International Mineral Resources B.V. have amicably resolved all matters relating to their dispute involving a EuroChem potash mining project in Russia¹, and all litigation and arbitration associated therewith has been dismissed or withdrawn.

¹ EuroChem-VolgaKaliy

About EuroChem Group AG
EuroChem is a leading global agrochemical company producing primarily nitrogen and phosphate fertilizers, as well as certain organic synthesis products and iron ore. The Group is vertically integrated with activities spanning from mining and hydrocarbons extraction to fertilizer production, logistics, and distribution.

EuroChem is currently developing two sizeable potash deposits in Russia with its VolgaKaliy and Usolskiy Potash greenfield projects. Headquartered in Zug, Switzerland, the Group operates production facilities in Belgium, China, Kazakhstan, Lithuania, and Russia and employs more than 23,000 people globally.

For more information, please visit eurochem-corporate-qa1b64.azurewebsites.net or contact:

Investors:
Olivier Harvey
Head of Investor Relations
+41 41 727 1625
olivier.harvey@eurochem-corporate-qa1b64.azurewebsites.net

Media:
Vladimir Torin
Head of Public Relations
vladimir.torin@eurochem-corporate-qa1b64.azurewebsites.net

Elena Kalinskaya/ Leonid Fink
FTI Consulting
+44 (0) 20 3727 1000
eurochem@fticonsulting.com