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2014-05-06

Yara International ASA: Yara approves dividend and share buy-back program and elects new chairperson

Oslo (2014-05-06):
The Yara International ASA Annual General Meeting yesterday approved a
dividend of NOK 10.00 per share and a new Power of attorney to the Board
regarding acquisition of own shares. The new Board elected Leif Teksum as its
new chairperson.

The dividend of NOK 10.00 per share will be paid on 15 May 2014 to
shareholders as of 5 May 2014, and the Yara share will be traded ex dividend
from 6 May 2014. American Depository Receipts (ADRs) will also be traded ex
dividend from 6 May 2014, with a dividend payment date of 22 May 2014.

Hilde Merete Aasheim and Geir Isaksen were re-elected as Board members and
Leif Teksum, Hilde Bakken and John Thuestad were elected as new Board
members, all for a period of two years. After the general meeting, the Board
elected Leif Teksum as its new chairperson, and Hilde Merete Aasheim as vice
chair.

The Annual General Meeting approved the cancellation of 1,450,000 of the
Company's own shares and the redemption of 823,135 shares owned by the
Norwegian State. The number of shares in the company will consequently be
reduced to 276,227,775.

The Annual General Meeting approved a new Power of attorney to the Board
regarding acquisition of own shares. The Board is thereby given authorization
to acquire up to 5 percent of Yara's shares before the next Annual General
Meeting. Yara will renew its agreement with the Norwegian State according to
which the State's shares will be redeemed on a pro-rata basis to ensure that
the State's ownership is unchanged in the event repurchased shares are
cancelled.

The full minutes of the Annual General Meeting will be made available by the
end of the day on Yara's website:

http://www.yara.com/investor_relations/reports_presentations/index.aspx?...

Contact

Thor Giæver, Investor Relations

Telephone (+47) 24 15 72 95

Cellular (+47) 48 07 53 56
E-mailthor.giaver@yara.com
Esben Tuman, Media Relations

Cellular (+47) 90 50 84 00

E-mailesben.tuman@yara.com
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 pursuant to section
5-12 of the 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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