FosAgro OAO Creates Management Board-Interfax

Interfax reported that on January 24, 2013 FosAgro OAO's Board of Directors appointed Members of the Company's Management, namely: the Company's General Director Mr. Maksim Volkov, Deputy General Director Mr. Andrey Gurev, Member of the Board of Directors Mr. Roman Osipov, Director of Finance and Economics Mr. Aleksandr Sharabayko and Chief Operating Director Mr. Mikhail Rybnikov. As previously reported, on December 29, 2012 the Company's Extraordinary General Meeting of Shareholders (EGM) approved changes in the management structure of the Company involving the creation of a collective executive body (the Management Board). The Company said that these actions make it possible for the Company's shares to be included in the Moscow Exchange’s A1 quotation list, which will help to expand the Company’s investor base. It may also in the future enable FosAgro OAO to be included in the MSCI Russia index.