Certification and Agreement of Persons Acquiring Regulation S GDRs Upon Deposit of Shares Pursuant to Clause 3 of the Regulation S Deposit Agreement and Condition 1Regulation S Deposit Agreement • July 14th, 2011 • New York
Contract Type FiledJuly 14th, 2011 JurisdictionWe refer to the Regulation S Deposit Agreement, dated 25 April 2011 and as amended and supplemented prior to the date hereof (as so amended and supplemented prior to the date hereof, the "Deposit Agreement"), between OJSC "PhosAgro", an open joint stock company organised under the laws of Russia (the "Company"), Citigroup Global Markets Deutschland AG, (the "Depositary"), and Citibank, N.A., (the "DR Servicer"). Capitalised terms used but not defined herein shall have the meanings given them in the Deposit Agreement. The terms of this Certification and Agreement shall be governed by the laws of the State of New York.