CORRECTION: Yara International ASA: Svein Richard Brandtzæg appointed new Yara CEO

Oslo, 21 July 2014: The Board of Directors of Yara International today announced
the appointment of Mr. Svein Richard Brandtzæg as the company's new President
and Chief Executive Officer. He will succeed Jørgen Ole Haslestad by February
2015.

Mr. Brandtzæg currently serves as President and CEO of Norsk Hydro ASA, a
position he has held since 2009. Prior to this, he has held a number of
management positions in Norsk Hydro. Born in Norway in 1957, Brandtzæg graduated
from the Norwegian University of Science and Technology (NTNU). He holds an
economics degree from the Norwegian School of Management and a PhD from NTNU.

"In preparation for the retirement of Jørgen Ole Haslestad at the age of 65, the
Yara Board of Directors initiated a thorough process to identify his successor.
I am very pleased to announce Svein Richard Brandtzæg as Yara's new President
and CEO. His proven track record as a top executive and his vast experience from
the process industry will benefit the company greatly," said Leif Teksum,
Chairman of the Board of Directors in Yara.

"I am both humbled and honored to have the opportunity to lead another
Norwegian-based, global champion. I am looking forward to meeting new
challenges, people, products and markets in Yara, but until I take over, my full
commitment and focus remain on Hydro's agenda," said Svein Richard Brandtzæg.

Jørgen Ole Haslestad has served as President and CEO since 2008 and was a member
of the Board of Directors from 2004 to 2008. During his tenure as CEO, Yara has
grown substantially both in terms of production and sales. Yara is today a
leading company, delivering solutions for sustainable agriculture and the
environment, and has a business model designed to create value for shareholders
and customers as well as society at large.

"It has been exciting and rewarding to be part of Yara's management and board
over the last ten years. The company is well positioned for continued, future
growth, and we are fortunate to have a global organization that is both
competent and inspired. I am pleased that Brandtzæg has accepted to head the
company, and I look forward to welcoming him and introducing him to our staff,"
said Jørgen Ole Haslestad.

"Jørgen Ole Haslestad has developed Yara considerably since taking the helm in
2008. Both production and sales volumes have increased almost 50 per cent in
this period, and he has led the transformation of Yara to being a broad-based
provider of commodity and value-added solutions both within industrial,
environmental and fertilizer market segments. Furthermore, he has introduced new
and comprehensive processes and governance systems, especially within the areas
of ethics, compliance, innovation and safety. I would like to thank Haslestad
for his contributions to Yara and wish him all the best when he retires," said
Leif Teksum.

Brandtzæg will take on his new position at the latest February 1, 2015.



Contact

Esben Tuman, Corporate Communications
Cellular (+47) 90 50 84 00
E-mail esben.tuman@yara.com

Thor Giæver, Investor Relations
Cellular (+47) 48 07 53 56
E-mail thor.giaver@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 acc. to §5-12 vphl
(Norwegian Securities Trading Act)




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Source: Yara International ASA via GlobeNewswire
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