Investor Presentaiton

AICL Phosphate Rock Site Costs - China among the World's Lowest The deal will secure ICL's access to competitive cost phosphate rock for several decades Phosphate rock site costs 2013 Site costs Establishing New Low Cost Phosphate Rock Base Existing ICL Production Base 3 Open Pit Mines Restored Mine Source: CRU, November 2014. Where needs take us Yunnan Site Capacity Cost reduction initiatives 10

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