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PhosAgro Credit Ratings Confirmed

13 February 2014
Moscow – PhosAgro ("the Company") (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces that Moody’s Investor Service, Standard & Poor’s and Fitch Ratings have all confirmed the Company’s credit ratings and “Stable” outlooks.  

Moody’s Investor Service
Rating/Outlook: Baa3 / Stable

Standard & Poor’s
Rating/Outlook: BBB- / Stable

Fitch Ratings
Rating / Outlook: BB+ / Stable