Oslo, Norway, May 9, 2008 - (ABN Newswire) - Oslo (2008-05-09): Trygve Faksvaag, currently MD of Yara Switzerland has been appointed Chief Legal Counsel in Yara replacing Ken Wallace who has decided to return to the US and retire as of 1 July 2008. Trygve Faksvaag will report to the CEO of Yara, Thorleif Enger.

Coming from the law firm Wikborg, Rein & Co. in Oslo, Trygve Faksvaag joined the legal department of Norsk Hydro in 1996. He was later legal counsel and vice president of Norsk Hydro Americas, Inc., the Hydro corporate center for North and South America, from 2001 to 2003. In 2004 he was appointed vice president and general counsel of Yara North America, Inc. After having returned to the Yara legal department in Oslo, from 2006 he served as managing director of Yara Switzerland Ltd. in Geneva, Switzerland, where Yara's Ammonia Trade & Shipping unit is located. Mr. Faksvaag holds a law degree from Oslo University.    

Contact

  Torgeir Kvidal, Investor Relations Telephone  (+47) 24 15 72 95 Cellular (+47) 91 339 832 E-mail torgeir.kvidal@yara.com   Hamed Brodersen, Media Relations Cellular (+47) 40 468 110 E-mail hamed.mozaffari.brodersen@yara.com     Yara International ASA is a leading chemical company that converts energy, natural minerals and nitrogen from the air into essential products for farmers and industrial customers. As the number one global supplier of mineral fertilizers and agronomic solutions, we help provide food for a growing world population. Our industrial product portfolio includes environmental protection agents that safeguard air and water purity and preserve food quality. Yara's global workforce of more than 8,000 employees represents great diversity and talent enabling Yara to remain a leading performer in its industry. www.yara.com

Copyright © Hugin AS 2008. All rights reserved.

Yara International ASA

http://www.yara.com

ISIN: NO0010208051

Stock Identifier: XOSL.YAR

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