Its major production activities arelocated in Israel Europe the US South America and China and

Its major production activities arelocated in Israel, Europe, the US, South America and China, and are supportedby major global marketing and logistics networks. ICL benefits from exclusiveconcessions to extract minerals from Israel’s Dead Sea, a vast source ofhigh-quality and low-cost potash, bromine, magnesium chloride and sodiumchloride. Gilad added, “We congratulate the Board on its success in recruitinghighly qualified individuals to serve as External Directors. We believe theirexperience in relevant fields is making a strong contribution to our ongoingdevelopment.”About ICLICL is one of the world’s leading fertilizer and specialty chemicalscompanies.

For a world challenged by population growth and scarce resources,ICL makes products that increase global food and water supplies and improveindustrial materials and processes.ICL produces approximately a third of the world’s bromine andapproximately 9% of its potash. Haran is a leader inthe environmental realm and possesses extensive knowledge in fields close toICL’s operations We trust that Dr. Haran’s experience, talents and vastknowledge will prove invaluable as we continue to develop our uncompromisingenvironmental policies and action plans to achieve full compliance withstrict global standards.”Mr. Nir Gilad,Chairman of ICL’s Board of Directors, said, “The nomination of Dr.

Haran isan important step forward for the Company and a demonstration of ourseriousness regarding environmental responsibility Dr. in chemistry fromIsrael’sHebrew University.The nomination of Dr. Haran as an External Director is one of theconcrete activities ICL is undertaking in line with its commitment toenvironmental protection Commenting on the new appointment, Mr. Yaacov Dior, who has served as an External Director for the past sixyears, the maximum term that can be served by an External Director.Dr. Haran is a world expert in the field of environmental protection. Sheis the former Director General of Israel’s Ministry of the Environment,serves as the Head of Ono Academic College’s MBA/ Environmental ManagementProgram, and is Chief Scientist of Tamarix Ventures, a venture capital fundfocused on Israel-related cleantech companies She holds a Ph.D in organicchemistry from Brandeis University and a B.Sc. In parallel, the Board extended the term of ProfessorYair Orgler, Former Chairman of the Tel Aviv Stock Exchange (TASE), who hasserved as one of ICL’s External Directors since 2006 Dr Haran will replaceMr.

(“ICL” or the “ICL Group”) (TASE:CHIM)today announced that Dr. Miriam (Miki) Haran, Former Director General ofIsrael’s Ministry of the Environment, will become one of the Company’sExternal Directors. Dr. Miriam (Miki) Haran, Former Director General of Israel’s Ministry ofEnvironment, to Become an External Director of ICL’S Board of DirectorsTerm of Prof. Yair Orgler, Former Chairman of TASE to be ExtendedTEL-AVIV, Israel, July 16 /PRNewswire-FirstCall/ — The Board ofDirectors of Israel Chemicals Ltd. (Reporting by Aasa Christine Stoltz; Editing by David Holmes) ($1=6.398 Norwegian Crown).

But the company stuck to its longer-term, more upbeat,forecast. “The long-term fundamentals for fertilizer demandremain strong as global grain inventories are at low levels,”Yara said. “The majority of Yara’s operational cash costs are variable,reducing the financial impact of such curtailments,” it said. Yara forecast energy costs to be about 2.8 billion crownslower in the second half of 2009 compared with the same periodlast year and 1.6 billion crowns lower in the third quartercompared with the same quarter a year earlier.