Sanders and Dillon Accept New Positions with CF Industries

DEERFIELD, Ill.--(Business Wire)--
CF Industries Holdings, Inc. (NYSE: CF) today announced that Richard S. Sanders
Jr. has been appointed vice president, manufacturing integration and Edward J.
Dillon has been appointed senior director, corporate development.

In his new position, Sanders will lead the integration of manufacturing
operations acquired in CF Industries` business combination with Terra Industries
Inc. (NYSE: TRA) and will report to W. Anthony Will, vice president,
manufacturing and distribution. Prior to accepting this appointment, Sanders
served as vice president, manufacturing of Terra Industries since August 2003
and vice president, manufacturing of Terra Nitrogen GP, Inc. (TNGP) (or its
predecessor), the General Partner of Terra Nitrogen Company, L.P. (NYSE: TNH)
(TNCLP), since October 2003. He was plant manager of Terra Nitrogen`s Verdigris,
Oklahoma manufacturing facility from 1995 to August 2003.

"Richard has earned great respect in the industry and among his new colleagues
at CF Industries. His wealth of experience in both nitrogen and phosphate
operations and his track record of success in running Terra`s manufacturing
organization make him uniquely qualified to lead our manufacturing integration,"
said Stephen R. Wilson, chairman, president and chief executive officer of CF
Industries.

Sanders earned a B.S. in Chemical Engineering from Louisiana State University in
Baton Rouge in 1980 and worked as a production engineer for Agrico before
assuming management responsibilities.

In his new position, Dillon will be responsible for initiating and pursuing
business development initiatives in support of CF Industries` long-term strategy
and will report to Lynn F. White, vice president, corporate development. Dillon
currently serves as co-lead for the company`s finance integration team and will
phase in his new responsibilities in corporate development as integration
progress allows. Prior to accepting his appointment at CF Industries, he served
as vice president and controller of Terra Industries since November 2008 and
vice president of TNGP since April 2009. Previously, he held a variety of
finance positions at Arthur Andersen LLP, the General Electric Company and Koch
Industries, Inc.

Wilson also commented that, "We are delighted to welcome Ed to his important
role in the integration and long-term development of our business. His financial
acumen and experience in helping to maximize profitability in a number of
business settings will be invaluable in our corporate development efforts."

Dillon earned a B.S. in Accounting from Boston College in 1990 and is a
Certified Public Accountant.

About CF Industries

CF Industries Holdings, Inc., headquartered in Deerfield, Illinois, is the
holding company for the operations of CF Industries, Inc. CF Industries is a
global leader in nitrogen and phosphate fertilizer manufacturing and
distribution, serving both agricultural and industrial customers. CF Industries
operates world-class nitrogen fertilizer manufacturing complexes in the central
U.S. region and Canada; conducts phosphate mining and manufacturing operations
in Central Florida; and distributes fertilizer products through a system of
terminals, warehouses, and associated transportation equipment located primarily
in the Midwestern United States. The company also owns a 50 percent interest in
KEYTRADE AG, a global fertilizer trading organization headquartered near Zurich,
Switzerland. In addition, the company`s majority-owned subsidiary, Terra
Industries, owns a 50 percent stake in GrowHow UK Limited, a fertilizer
manufacturer in the United Kingdom as well as a 50 percent interest in an
ammonia facility in The Republic of Trinidad and Tobago. Additional information
on CF Industries is found on the company's website at www.cfindustries.com.

CF Industries
Terry Huch, 847-405-2515
Senior Director, Investor Relations and Corporate Communications
thuch@cfindustries.com

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