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Menoza Trading Limited Notifies About Change of Its Stake in PhosAgro

23 November 2012
Moscow – PhosAgro (or "the Company") (Moscow Exchange, LSE: PHOR), a leading global vertically integrated phosphate-based fertilizer producer, announces that Menoza Trading Limited, a Cyprus-registered сompany, the economic beneficiary of which is Maxim Volkov (CEO and member of the Board of Directors of PhosAgro), informed the Company on 23 November 2012 that it had acquired 7,424 PhosAgro GDRs (three GDRs representing one share), representing 0.002% of the Company`s share capital.

Following the above purchase the aggregate stake of PhosAgro shares and GDRs owned by Mr. Volkov and Menoza Trading Limited increased to 1.106% of PhosAgro`s share capital.  Menoza Trading Limited now owns 106,660 shares and 137,571 GDRs, representing 0.123% of PhosAgro`s share capital.