Appointment of new Chief Executive Officer

Kazakhstan Potash Corporation Limited (ASX:KPC) is pleased to advise that Mr. Wei Jiafu has been appointed as Chief Executive Officer and Executive Director of the Company.

Mr Wei has over thirty years’ experience in business management. As a leader of one of the Global 500 companies, he has great foresight as well as rich experience in international corporate management together with an in-depth understanding of capital markets. He had been the CEO and Chairman of the Board of China COSCO Holdings Company Limited and Vice Chairman of China Merchants Bank Co., Ltd. Mr. Wei has also held numerous directorship and senior management roles in a number of listed companies in Singapore, Hong Kong and China.

During his career, Mr. Wei has also been a leader in various organisations, most notably Chairman of China Association of Trade in Services, the China Shipowners Association, the China Federation of Industrial Economics and China Group Companies Association. Furthermore, he Co-Chaired the World Economic Forum in 2011 and was a Member of the Board of Directors of the Boao Forum for Asia and a Member of the Harvard Business School Asia-Pacific Advisory Board.

Mr. Wei is a graduate of Wuhan University of Technology, he obtained his Master’s Degree in Shipping Management from Dalian Maritime University and his Doctorate Degree (Ph.D.) in Ship and Ocean Structural Design from Tianjin University.

KPC believes the significant experience of Mr. Wei will bring considerable value to the Company.