The Shareholders are:

• Government of Bangladesh (GOB) and Bangladesh Chemical Industries Corporation (BCIC)
• Kafco Japan,

                consisting of

   - Japan International Cooperation Agency (JICA) - www.jica.go.jp/english/

   - Marubeni corporation, Japan - www.marubeni.com

    - Chiyoda Corporation, Japan- www.chiyoda-corp.com

• Subcontinent Ammonia Investment Co.

                a wholly owned subsidiary of

Haldor Topsoe A/S of Denmark www.topsoe.com

• Investment Fund for Developing countries (IFU), Denmark- www.ifu.dk
• Stamicarbon bv,

     The Netherlands- www.stamicarbon.com