OREANDA-NEWS. June 1, 2012. Uralkali (LSE: URKA) regrets to announce that a mine foreman died in an accident that occurred at the Solikamsk-1 Mine on 30 May 2012.

Uralkali expresses its deepest condolences to the relatives of the miner. The company will pay compensation to his family.

An investigation is being carried out by a special commission to determine the causes of the fatality and ensure that similar accidents do not occur in the future.

The accident will not affect the Company’s production plans.

Uralkali (www.uralkali.com) is one of the world’s largest potash producers with a market share of about 20%. The Company’s assets consist of 5 mines and 7 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Territory, Russia). Uralkali employs ca. 12,500 people (in the main production unit). Uralkali’s shares and GDRs are traded on the RTS-MICEX and LSE, respectively.