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Dr. Miriam (Miki) Haran, Former Director General of Israel's Ministry of Environment, to Become an External Director of ICL'S Board of Directors

Posted on: Thursday, 16 July 2009, 01:57 CDT

TEL-AVIV, Israel, July 16 /PRNewswire-FirstCall/ -- The Board of Directors of Israel Chemicals Ltd. ("ICL" or the "ICL Group") (TASE:CHIM) today announced that Dr. Miriam (Miki) Haran, Former Director General of Israel's Ministry of the Environment, will become one of the Company's External Directors. In parallel, the Board extended the term of Professor Yair Orgler, Former Chairman of the Tel Aviv Stock Exchange (TASE), who has served as one of ICL's External Directors since 2006. Dr. Haran will replace Mr. Yaacov Dior, who has served as an External Director for the past six years, the maximum term that can be served by an External Director.

Dr. Haran is a world expert in the field of environmental protection. She is the former Director General of Israel's Ministry of the Environment, serves as the Head of Ono Academic College's MBA/ Environmental Management Program, and is Chief Scientist of Tamarix Ventures, a venture capital fund focused on Israel-related cleantech companies. She holds a Ph.D. in organic chemistry from Brandeis University and a B.Sc. in chemistry from Israel's Hebrew University.

The nomination of Dr. Haran as an External Director is one of the concrete activities ICL is undertaking in line with its commitment to environmental protection. Commenting on the new appointment, Mr. Nir Gilad, Chairman of ICL's Board of Directors, said, "The nomination of Dr. Haran is an important step forward for the Company and a demonstration of our seriousness regarding environmental responsibility. Dr. Haran is a leader in the environmental realm and possesses extensive knowledge in fields close to ICL's operations. We trust that Dr. Haran's experience, talents and vast knowledge will prove invaluable as we continue to develop our uncompromising environmental policies and action plans to achieve full compliance with strict global standards."

Mr. Gilad added, "We congratulate the Board on its success in recruiting highly qualified individuals to serve as External Directors. We believe their experience in relevant fields is making a strong contribution to our ongoing development."

About ICL

ICL is one of the world's leading fertilizer and specialty chemicals companies. For a world challenged by population growth and scarce resources, ICL makes products that increase global food and water supplies and improve industrial materials and processes.

ICL produces approximately a third of the world's bromine and approximately 9% of its potash. ICL is a leading supplier of fertilizers in Europe and a major player in specialty fertilizer market segments. One of the world's most integrated manufacturers and suppliers of phosphate products, ICL has become the world's leading provider of pure phosphoric acid and a major specialty phosphate player.

ICL is comprised of three core segments: ICL Fertilizers, ICL Industrial Products and ICL Performance Products. Its major production activities are located in Israel, Europe, the US, South America and China, and are supported by major global marketing and logistics networks. ICL benefits from exclusive concessions to extract minerals from Israel's Dead Sea, a vast source of high-quality and low-cost potash, bromine, magnesium chloride and sodium chloride. ICL also mines phosphate rock from Israel's Negev Desert and potash and salt from its mines in Spain and the UK.

SOURCE ICL - Israel Chemicals Ltd

Source: PR Newswire

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