Oslo, 16 July 2014: The Yara International ASA Annual General Meeting on 5 May 2014 approved a capital reduction by cancellation of own shares and by redemption of shares held on behalf of the Norwegian State by the Ministry of Trade, Industry and Fisheries as follows:
The share capital of the Company is reduced by NOK 3,864,329.50 from NOK 473,451,547.00 to NOK 469,587,217.50 by cancellation of 1,450,000 of the Company's own shares and redemption of 823,135 shares owned on behalf of the Norwegian State by the Ministry of Trade, Industry and Fisheries.
The cancellation and redemption has now been carried out as described above. With effect from the implementation of the capital reduction through registration in the Norwegian Register of Business Enterprises, Article 4 of the Company's Articles of Association is amended to read as follows:
The share capital is NOK 469,587,217.50 divided into 276,227,775 shares, each with a nominal value of NOK 1.70.
Thor Giæver, Investor Relations
Telephone (+47) 24 15 72 95
Cellular (+47) 48 07 53 56
Yara delivers solutions for sustainable agriculture and the environment. Our fertilizers and crop nutrition programs help produce the food required for the growing world population. Our industrial products and solutions reduce emissions, improve air quality and support safe and efficient operations. Founded in Norway in 1905, Yara has a worldwide presence with sales to 150 countries. Safety is always our top priority.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.