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Yara International ASA: Terje Knutsen appointed Head of Yara Downstream

(Oslo, 10 April 2015) Yara International ASA has appointed Terje Knutsen as
Head of Downstream. He succeeds Egil Hogna, who has submitted his
resignation. Knutsen will assume his new position on 1 May 2015.
Yara's Downstream business unit manages the company's global sales, marketing
and distribution of fertilizers.
Terje Knutsen currently heads Yara's business unit for Downstream activities
in North&East Europe. Prior to this, he was Head of Business Unit Asia. Aged
52, Knutsen holds a Master's degree in economics and business administration
from the Norwegian School of Economics (NHH). Since joining the company in
1987, he has had an extensive international career, working twelve years
outside Norway. Knutsen will be part of Yara's executive management team and
report to the President and CEO.

"Terje Knutsen has extensive experience from Yara, ranging from heading
business units abroad to managerial positions at the headquarters. His
competence will be highly valuable as Yara continues its efforts to support a
more efficient and climate-smart agricultural sector," said Torgeir Kvidal,
acting CEO of Yara International.
Egil Hogna joined the company in 1999, and has been a member of Yara's
executive management team since August 2008, first as Chief Financial
Officer, and thereafter as Head of Downstream since August 2009. Hogna will
be employed by Yara until July 31, 2015.
"I have concluded that the timing is right to seek new challenges, and I look
forward to exploring potential opportunities. My tenure in Downstream and
Yara has been exciting, and I am particularly proud of our increased efforts
and results within safety, marketing and innovation, and the significant
acquisitions and company integrations we have carried out, especially in
Latin America," said Egil Hogna.

Egil Hogna has been a valuable member of the management team, and I regret
that he is leaving. I am grateful for the good and close cooperation we have
had during the years and wish him continued success," said Torgeir Kvidal.

For further information, please contact:

Esben Tuman, Head of Corporate Communications
Cellular: (+47) 90 50 84 00
Anders Lerstad, Head of Investor Relations
Telephone: (+47) 24 15 72 95
Cellular: (+47) 93 42 69 54

Photos of Terje Knutsen:

Photos of Egil Hogna:

About Yara
Yara's knowledge, products and solutions grow farmers' and industrial
customers' businesses profitably and responsibly, while nurturing and
protecting the earth's resources, food and environment. Our fertilizers, crop
nutrition programs and technologies increase yields, improve product quality
and reduce the environmental impact of agricultural practices. Our industrial
and environmental solutions improve air quality by reducing emissions from
industry and transportation, and serve as key ingredients in the production
of a wide range of goods. We foster a culture that promotes the safety of
our employees, contractors and societies. Founded in 1905 to solve emerging
famine in Europe, today, Yara has a worldwide presence, with more than 12,000
employees and sales to more than 150 countries.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Yara International ASA via Globenewswire


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