URALCHEM obtains a Syndicated Loan

The URALCHEM Group has refinanced part of its loan portfolio by bringing in a five-year syndicated loan.

Moscow, Russia (January 3, 2013) -- The URALCHEM Group, a leading Russian producer of mineral fertilizers, has refinanced part of its loan portfolio by bringing in a five-year syndicated loan. As a result of the early redemption of a number of previously obtained loans, all material collaterals have been released, loan payments have been diversified into an optimal currency basket and the average term of the loans in the portfolio has been significantly increased.

The syndicated loan was obtained on 21 December 2012 from a pool of leading international and Russian banks, including JSC Sberbank of Russia, Sberbank (Switzerland) AG, ING Bank NV, Raiffeisenbank, VTB Bank (France) SA, HSBC Bank PLC and Rosbank (Société Générale Group).

The syndicated loan has become the first loan of this kind in the company's history and attracted considerable interest from the banking community. In the process of syndication, the pool of banks was willing to provide funding of over $500 million, of which URALCHEM took $220 million. The loan documentation made provision for an option of a drawdown in Euros, which the company used. The loan period is 5 years and the company is using assignment of rights on its export contracts as security interest for the loan.

The funds raised have been allocated, among other things, to the early repayment of the company's current liabilities, which has allowed the removal of collateral obligations from the tangible assets and shares of the Group's enterprises.

"The banks' interest in the company confirms its strong financial and operating position, its competitive advantages and the attractiveness of the industry," said CEO of URALCHEM OJSC Dmitry Konyaev. He added, "The development strategy that we have chosen has allowed the company to significantly improve the structure of its loan portfolio and reduce its volume in 2012. By the end of 2012 the ratio of net debt to EBITDA has become less than 1, which is one of the best results for companies in our industry both domestically and abroad. The fact that first-class banks were willing to provide us with more than twice the amount and that the transaction has allowed us to free up collaterals, is demonstrating URALCHEM's strong financial position."


Public Relations Department
Tel: +7 (495) 721 89 89

URALCHEM, OJSC is one of the largest producers of nitrogen and phosphate fertilisers in Russia and the CIS with production capacities of over 2.5 million tonnes of ammonium nitrate, 2.8 million tonnes of ammonia, 0.8 million tonnes of MAP and DAP, 0.8 million tonnes of complex fertilisers and 1.2 million tonnes of urea. URALCHEM, OJSC is the second largest ammonium nitrate producer in the world and number one in Russia, the second largest producer of nitrogen fertilisers in Russia. Key production assets of URALCHEM, OJSC include Azot Branch of URALCHEM, OJSC in Berezniki, Perm Region; OJSC Minudobrenia, Perm; MFP Kirovo-Chepetsk Chemical Works, OJSC Branch in Kirovo-Chepetsk, Kirov region; Voskresensk Mineral Fertilisers, OJSC in Voskresensk, Moscow region.

Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of URALCHEM. We wish to caution you that these statements are only predictions. We do not intend to update these statements and our actual results may differ materially from those contained in our projections or forward-looking statements, including, among others, the achievement of anticipated levels of profitability, growth, cost and synergy of our recent acquisitions, the impact of competitive pricing, the ability to obtain necessary regulatory approvals and licenses, the impact of developments in the Russian economic, political and legal environment, financial risk management and the impact of general business and global economic conditions.

Luxury Travel Ltd has just launched Two Day Experiential Trip to Moon Garden Home-stay and Duong Lam Ancient Village

Luxury Travel Ltd. to Launch an Out-of-the-Box, Customized and Experiential Travel Adventure for Hanoi's Discerning Travelers.

Hanoi, Vietnam, January 3, 2013 -- This trip ventures into the mountainous and rural area of Northwest Vietnam and Luong Son in Hoa Binh province, which is 70 km from Hanoi and almost half way between Mai Chau Valley and Hanoi.

This two day experiential trip to Moon Garden Home-stay and Duong Lam Ancient Village allows travelers to interact with local people and culture, learn new ways of life and local rituals, taste a perfect balancing of old and new, try delicious cuisine, and take an excursion to surrounding areas of their home far away from home.

The tour price starts from US$299 per person for 2 persons (6.000.000 VND pp). The price includes private pick up and drop off services, all private transportation, accommodations, all meals, entrance fees, bikes, spa treatment, and the services of an English or French-speaking guide. This offer is valid until 30 December 2013.

"You will experience an out-of-the-box, customized and experiential travel adventure each moment of your stay. We offer you a rare blend of adventure and versatility, a combination that goes beyond a travel itinerary and becomes a meaningful journey of treasured moments and passionate experiences." said Thang Phan, Senior Sales Executive of Luxury Travel Ltd.

Luxury Travel Ltd. has served the luxury travel industry for many years, and their staff has acquired first-hand knowledge about the luxury travel market in Vietnam. Their advisors have visited their recommended destinations, and have personally checked out the finest hotels, resorts, restaurants, unique optional tours designed for discriminating travelers.

"This exotic experience delivers value, both in terms of personal value and value for your money. We focus on authenticity and experiential travel in order to create enriching once-in-a-lifetime experiences which are truly authentic and memorable." added Thang.

For tour information and booking, visit http://www.luxurytravelvietnam.com.

About Luxury Travel Ltd

Vietnam's first luxury tour operator/DMC (http://www.luxurytravelvietnam.com) is based in Hanoi, with offices throughout Vietnam, Cambodia, Laos, Myanmar and Thailand. Luxury Travel is exceptional at designing tailor-made tours and providing unique travel experiences. Opened in 2004, the Luxury Travel Company Limited has its own offices, luxury vehicles, luxury travel advisors, and representative offices in California, London,Paris, and Sydney. The company's depth of experience and large infrastructure enable it to create unique itineraries with the operational confidence to fulfill client expectations. Luxury Travel Ltd. has won numerous travel awards for excellent performance including the most recent "The Years' Best" of the Guide Awards in 2012. Facebook: http://www.facebook.com/luxurytravelcompany.

Media Contact:
David Nguyen
Sales and Marketing Manager
Luxury Travel Group Ltd
05 Nguyen Truong To Str.,
Ba Dinh Dist, Hanoi 84444

Fiscal Cliff Follow-up at the Biggest and First Hedge Fund Networking of 2013 in New York City on January 8

Hedge Fund, Alternative Investments, Private Equity, High-Frequency, Algorithmic and Proprietary Trading Managers, Investors, Executives and Professionals From the Most Prestigious Firms Getting Together for Networking and Cocktails at Golden Networking's Hedge Funds Happy Hour, January 8.

New York City, NY, USA (January 3, 2013) -- The first day of the year, the U.S. House of Representatives approved a bill undoing tax increases for more than 99% of households, providing a temporary victory to President Obama and Democrats as Republicans vowed to fight them in the upcoming months for spending cuts in exchange for raising the debt ceiling. What will be the impact of the fiscal cliff debate resolution on the hedge fund industry and the economy in general?

Golden Networking is inviting hedge fund managers and investors to discuss this impact in its first Hedge Funds Happy Hour (http://www.hfhappyhour.com) on Tuesday, January 8, from 6PM-9PM, at Midtown East's Prime 333. Prospective attendees are suggested to come prepared not only with their pockets filled with business cards to exchange with fellows attendees but also with the best spirit to enjoy the most upscale networking. Hedge fund professionals can register for free at http://hfhappyhour.eventbrite.com.

Hedge Funds Happy Hour will celebrate the market-beating returns of hedge fund superstars, those that shine far and above an industry with nearly 8,000 participants (and rising). The top decile of managers has served up returns of over 30% in the past year 2012, according to Hedge Fund Research. But a third have lost money, including some of the stars of yesteryear: John Paulson, celebrated as an investment wizard in 2007 for having foreseen America's housing bubble, reportedly saw his flagship fund lose 17% in the first ten months of 2012, after a 51% fall in 2011.

Golden Networking's Hedge Funds Happy Hour (http://www.hfhappyhour.com) networking receptions have become popular among executives and professionals with a focus on alternative investments. Hedge Funds Happy Hour is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to info@goldennetworking.net.

Media Contact:
Julia Petrova
Media Relations Coordinator
Golden Networking