Ruling of the Lithuanian Court of Appeal


On March 17, 2011 Lithuanian Court of Appeal annulled by its ruling the rulings of Panevėžys Regional Court, dtd. September 13 and September 14, 2010 to stop a mandatory AB Lifosa redemption process launched by the defendants JSC "Mineral & Chemical Company "EuroChem" and EuroChem A.M. Limited until the court ruling comes into force. The matter was resolved in principle and rejected the applicants' A. Š., L. D. and V. N. requests for interim measures.

         Regvita Ivanovienė
         Chief Financial Officer
         +370-347-66331