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2015-03-30

Yara International ASA: Svein Tore Holsether appointed new CEO of Yara International

(Oslo, 30 March 2015) The Board of Directors of Yara International ASA has
appointed Mr. Svein Tore Holsether as the company's new President and Chief
Executive Officer. He will succeed acting CEO Torgeir Kvidal within October
2015.

Holsether currently serves as President and CEO of Sapa Group, a position he
has held since 2011. Prior to this, he has held a number of management
positions in Elkem, Orkla and Sapa. Holsether was born in Norway in 1972 and
holds a BSc in Finance from the University of Utah.

"Svein Tore Holsether is a perfect fit for Yara, and the Board of Directors is
very satisfied that he has decided to join the company. His extensive
background from international industry coupled with his personal capabilities
makes him highly qualified for the position as CEO," said Leif Teksum,
Chairman of the Board of Directors in Yara.

"I am very pleased to have the opportunity to join Yara. The company performs
very well and holds a unique position throughout its global footprint. In a
time of many worldwide challenges, I look forward to working on solutions
addressing issues of fundamental needs like food security and protection of
the environment," said Svein Tore Holsether.

Torgeir Kvidal, who has served as acting CEO since October 2014 will resume
his previous position as Chief Financial Officer. At the same time, Thor
Giæver, currently acting CFO, will return to his position as Head of Investor
Relations.

"Torgeir Kvidal has done an excellent job as acting CEO over the last months,
as also recognized by the employees and external stakeholders. At the same
time, the Board of Directors appreciates his wish of returning to the
position as CFO, in which he will continue to be a valuable contributor in
the management team," said Leif Teksum.

Holsether will join Yara within 1 Ocotber 2015.

For further information, please contact:

Bernhard Stormyr, Media Relations

Mobile: (+47) 901 07 685
E-mail:bernhard.stormyr@yara.com

Anders Lerstad, Investor Relations
Mobile: (+47) 934 26 954
E-mail:anders.lerstad@yara.com
Link to photo of Holsether:
https://yaraurl.com/knyu

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.
www.yara.com

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

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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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