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Yara share buy-backs

Feb 28, 2011

Oslo (2011-02-28): Yara International ASA has February 24 purchased 100,000 own shares in the market at an average price of NOK 286.7402.-.

The transaction is part of a buy-back program, authorized by the Annual General Meeting held 11 May 2010. The AGM authorized Yara to buy back up to 5% of Yara`s shares (14,441,595 shares).

The shares are purchased for later cancellation. Yara has renewed the 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 when shares are cancelled.

After this transaction Yara holds 650,000 own shares, acquired as part of this buy-back program.

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