<SEC-DOCUMENT>0000950103-18-002008.txt : 20180214
<SEC-HEADER>0000950103-18-002008.hdr.sgml : 20180214
<ACCEPTANCE-DATETIME>20180214060119
ACCESSION NUMBER:		0000950103-18-002008
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		6
CONFORMED PERIOD OF REPORT:	20180214
FILED AS OF DATE:		20180214
DATE AS OF CHANGE:		20180214

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ISRAEL CHEMICALS LTD
		CENTRAL INDEX KEY:			0000941221
		STANDARD INDUSTRIAL CLASSIFICATION:	AGRICULTURE CHEMICALS [2870]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13742
		FILM NUMBER:		18606789

	BUSINESS ADDRESS:	
		STREET 1:		MILLENNIUM TOWER
		STREET 2:		23 ARANHA STREET, P.O. BOX 20245
		CITY:			TEL AVIV
		STATE:			L3
		ZIP:			61202
		BUSINESS PHONE:		(972-3) 684-4400

	MAIL ADDRESS:	
		STREET 1:		MILLENNIUM TOWER
		STREET 2:		23 ARANHA STREET, P.O. BOX 20245
		CITY:			TEL AVIV
		STATE:			L3
		ZIP:			61202
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>dp86570_6k.htm
<DESCRIPTION>FORM 6-K
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<P STYLE="margin: 0">&nbsp;</P>


<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 14pt"><B>UNITED
STATES</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 14pt"><B>SECURITIES
AND EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 14pt"><B>Washington,
D.C. 20549</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 16pt"><B>FORM 6-K</B></FONT><BR>
<BR>
</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6.85pt; text-align: center; text-indent: -6.85pt"><FONT STYLE="font-size: 10pt"><B>REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6.85pt; text-align: center; text-indent: -6.85pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0pt 3pt; text-align: center"><FONT STYLE="font-size: 10pt">For the month
of February, 2018</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Commission
File Number: 001-13742</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 20pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ISRAEL CHEMICALS LTD.</B>&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>(Exact
name of registrant as specified in its charter)</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Israel
Chemicals Ltd.</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Millennium
Tower</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>23 Aranha
Street</B>&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>P.O. Box
20245</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Tel Aviv,
61202 Israel</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>(972-3)
684-4400</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>(Address
of principal executive office)</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Indicate
by check mark whether the registrant files or will file annual reports under cover of Form&nbsp;20-F or Form 40-F:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="2" CELLPADDING="2" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 70%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 29%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Form 20-F</FONT></TD>
    <TD STYLE="width: 14%"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; border-bottom: Black 0.5pt solid; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase">&nbsp;x</FONT></P></TD>
    <TD STYLE="width: 15%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 28%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Form 40-F</FONT></TD>
    <TD STYLE="width: 14%; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"></FONT><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation&nbsp;S-T&nbsp;Rule&nbsp;101(b)(1):</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="2" CELLPADDING="2" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 70%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 29%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Yes</FONT></TD>
    <TD STYLE="width: 14%; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"></FONT><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 15%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 28%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">No</FONT></TD>
    <TD STYLE="width: 14%"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 10pt">X</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation&nbsp;S-T&nbsp;Rule&nbsp;101(b)(7):</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="2" CELLPADDING="2" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 70%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 29%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Yes</FONT></TD>
    <TD STYLE="width: 14%; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"></FONT><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 15%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 28%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">No</FONT></TD>
    <TD STYLE="width: 14%"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 10pt">X</FONT></P></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ISRAEL CHEMICALS LTD.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INCORPORATION BY REFERENCE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This report on Form 6-K shall be deemed to be incorporated by
reference into the registration statement on Form S-8 (Registration Number: 333-205518) of Israel Chemicals Ltd. and to be a part
thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or
furnished.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ISRAEL CHEMICALS LTD.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt"><B>1.</B></FONT></TD><TD>Q4 2017 Results</TD>
</TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Item 1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 3pt; text-align: left"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 42%"><FONT STYLE="font-size: 10pt"><B>INVESTOR RELATIONS CONTACT &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="width: 58%"><FONT STYLE="font-size: 10pt"><B>PRESS CONTACT&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt"><B>Limor Gruber&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><B>Maya Avishai&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt"><B>Head of Investor Relations&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><B>Head of Global External Communications&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt"><B>+972-3-684-4471&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><B>+972-3-684-4477&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; color: Blue"><U>Limor.Gruber@icl-group.com</U></FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; color: Blue"><U>Maya.Avishai@icl-group.com</U></FONT><U><FONT STYLE="color: Blue"></FONT></U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 3pt; text-align: left"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 1.5in 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 1.5in 0pt 0"></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>ICL
REPORTS Q4 &amp; Full Year 2017 RESULTS</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>-
Fourth quarter sales of $1.36 billion compared to $1.34 billion for Q4 2016 -</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B><I>- Operating
income of $189 million compared to $72 million in Q4 2016. Adjusted operating income of $168 million, an increase of 20% from
$140 million in Q4 2016 -</I></B></FONT>&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B><I>- Strong
performance in Q4 driven by recovery of the potash market and reduction in G&amp;A -</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B><I>- Annual
sales of $5.42 billion compared to $5.36 billion for 2016 -</I></B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B><I>- Annual
operating income of $629 million compared to operating loss of $3 million for 2016. Adjusted operating profit increased by 12%
to $652 million despite challenging commodity businesses environment -</I></B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: center"><FONT STYLE="font-size: 10pt"><B><I>-
Completion of water desalination company divestment and cash flow generation fueled $231 million reduction in net debt. Further
reduction expected by mid-2018 after additional divestments are completed &ndash;</I></B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B><I>Tel
Aviv, Israel, February 14, 2018</I></B> - <B>ICL <I>(NYSE &amp; TASE:ICL)</I></B>, a leading global specialty minerals and specialty
chemicals company, today reported its financial results for the fourth quarter and year ended December 31, 2017.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Sales for
the fourth quarter were $1,361 million compared to $1,338 million for the comparable period in 2016. ICL&rsquo;s sales for 2017
were $5.42 billion compared to $5.36 billion for 2016. The Company reported operating income of $189 million compared to $72 million
for the fourth quarter of 2016, an increase of 160%. Adjusted operating income increased to $168 million from $140 million in
the prior-year quarter, an increase of 20%, supported by the recovery of the potash market and a reduction in G&amp;A. Due to
ICL&rsquo;s balanced business structure, strong potash results in the fourth quarter compensated for off-season Specialty Solutions&rsquo;
results. Adjusted EBITDA for the fourth quarter was $276 million compared to $264 million in the prior-year quarter.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Operating
income for 2017 increased to $629 million compared to an operating loss of $3 million in 2016. Adjusted operating income in 2017
increased by 12% to $652 million, supported by higher potash prices and the strong performance of ICL&rsquo;s Advanced Additives
and Industrial Products business lines, as well as a reduction in G&amp;A expenses. The Company recorded increased sales and operating
margins in 2017, despite internal and external challenges that included continuing pressure on phosphate fertilizer prices and
a short-term increase in production costs at ICL&rsquo;s UK and Spanish operations as the Company worked to optimize its mineral
assets. ICL&rsquo;s results were also impacted by reduced dairy protein sales at ICL Food Specialties and the short-term slowdown
in production at ICL Rotem&rsquo;s phosphate operation in Israel, resulting from the spill at one of its phospho-gypsum ponds.
However, the execution of prudent capital allocation and successful divestments contributed to the Company&rsquo;s solid financial
position. By focusing on its core mineral chains, ICL&rsquo;s strategy is designed to improve the competitive position of its
mineral assets and grow its specialty businesses. (See &ldquo;ICL&rsquo;s Strategic Direction&rdquo; below.)</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>



<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>ICL&rsquo;s
Acting CEO, Asher Grinbaum,</B> stated, &ldquo;I am proud to report that ICL demonstrated achievements across many financial parameters
in 2017 &ndash; in sales, operating margins, net profit, free cash flow and net debt. In addition to increasing our financial
stability during 2017 by controlling CapEx, optimizing working capital and reducing our G&amp;A expenses, we significantly reduced
losses at our YPH JV in China, successfully continued our process of divesting from low-synergy assets, including ICL&rsquo;s
holdings in IDE Technologies and our fire safety and oil additives businesses, for an aggregate $1.2 billion. We also grew our
Specialty Fertilizer business despite commodity headwinds and accelerated the transfer of production at ICL UK from potash to
Polysulphate, growing Polysulphate sales by around 50%. In addition, we entered into a long-term, beneficial agreement for the
supply of natural gas to power our Israel-based facilities. A major overhang on our shares was also removed following Potash Corp&rsquo;s
sale of its entire stake in ICL in January 2018. Our ongoing efforts to strengthen ICL&rsquo;s financial position and to balance
our specialties and commodities businesses, combined with our unique mineral assets and value chain, unparalleled global production
and logistics platform and dedicated and talented 13,000 employees, position ICL well to achieve further growth and increased
value in 2018 and the years ahead&rdquo;.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>ICL&rsquo;s
Chairman, Mr. Johanan Locker,</B> stated, &ldquo;ICL&rsquo;s results in 2017 demonstrate management&rsquo;s successful execution
of the Board&rsquo;s strategic direction. ICL has successfully divested low-synergy assets which have helped to reduce debt, enhance
financial stability and create additional resources for future growth. Looking forward, ICL will focus on its core businesses
aiming to further strengthen the competitiveness of its existing mineral assets while expanding our specialty businesses. In addition,
ICL will combine its capabilities in the agriculture market with the growing use of precision agriculture, to significantly expand
its specialty solutions portfolio to this market. The Company&rsquo;s successful efforts increase our confidence in our ability
to weather market challenges while building value for our stakeholders.&rdquo;</FONT></P>



<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>FINANCIAL RESULTS</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 95%; border-collapse: collapse; margin-left: 23.85pt">
<TR>
    <TD STYLE="border-top: #4F81BD 1pt solid; font-size: 10pt; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; font-size: 10pt; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10-12/2017</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-size: 10pt; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10-12/2016</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; font-size: 10pt; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1-12/2017</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; font-size: 10pt; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1-12/2016</FONT></TD></TR>
<TR>
    <TD STYLE="width: 48%; border-bottom: #4F81BD 1pt solid; font-size: 10pt; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; width: 7%; border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid; background-color: white"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">$</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">millions</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="vertical-align: top; width: 6%; border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">%
        of</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">sales</FONT></P></TD>
    <TD STYLE="vertical-align: top; width: 7%; border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">$</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">millions</FONT></P></TD>
    <TD STYLE="vertical-align: top; width: 6%; border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">%
        of</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">sales&nbsp;</FONT></P></TD>
    <TD STYLE="vertical-align: top; width: 7%; border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid; background-color: white"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">$</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">millions</FONT></P></TD>
    <TD STYLE="vertical-align: top; width: 6%; border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid; background-color: white"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">%
        of</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">sales</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="vertical-align: top; width: 7%; border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">$</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">millions</FONT></P></TD>
    <TD STYLE="vertical-align: top; width: 6%; border-bottom: #4F81BD 1pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">%
        of</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">sales</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD></TR>
<TR>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 95%; border-collapse: collapse; margin-left: 23.85pt">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 48%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sales</FONT></TD>
    <TD STYLE="width: 7%; border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;1,361</FONT></TD>
    <TD STYLE="width: 6%; border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">-</FONT></TD>
    <TD STYLE="width: 7%; border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;1,338</FONT></TD>
    <TD STYLE="width: 6%; border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">-</FONT></TD>
    <TD STYLE="width: 7%; border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;5,418</FONT></TD>
    <TD STYLE="width: 6%; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">-</FONT></TD>
    <TD STYLE="width: 7%; border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;5,363</FONT></TD>
    <TD STYLE="width: 6%; border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">-</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Gross profit</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;429</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;32</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;416</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;31</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;1,672</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;31</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;1,660</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;31</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Operating income (loss)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;189</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;14</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;72</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;5</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;629</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;12</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;(3)</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">-</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Adjusted operating income (1)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;168</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;12</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;140</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;10</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;652</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;12</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;582</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;11</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Net income (loss) - shareholders
    of the Company</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;155</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;11</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;32</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;2</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;364</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;7</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;(122)</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">-</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Adjusted net income - shareholders
    of the Company (1)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;142</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;10</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;114</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;9</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;389</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;7</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;451</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;8</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Adjusted EBITDA (2)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;276</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;20</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;264</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;20</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;1,059</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;20</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;1,051</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;20</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Free
    cash flow (3)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">137</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt; color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">127</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt; color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">405</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt; color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">346</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify"><FONT STYLE="font-size: 10pt"><BR STYLE="clear: both">
<I>(1) See &ldquo;Adjustments to reported operating and net income&quot; in the Appendix below.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify"><FONT STYLE="font-size: 10pt"><I>(2)
See &ldquo;Adjusted EBITDA for the periods of activity&quot; in the Appendix below.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify"><FONT STYLE="font-size: 10pt"><I>(3)
See Appendix below for reconciliation.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Results
analysis:</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 95%; border-collapse: collapse">
<TR>
    <TD NOWRAP STYLE="width: 56%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 11%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Sales</B></FONT></TD>
    <TD STYLE="width: 11%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Expenses</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Operating income</B></FONT></TD>
    <TD NOWRAP STYLE="width: 10%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>$ millions</B></FONT></TD>
    <TD NOWRAP STYLE="border-bottom: #4F81BD 1pt solid; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q4 2016 figures</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD"><B>&nbsp;1,338</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD"><B>&nbsp;(1,266)</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD"><B>&nbsp;72</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; vertical-align: top; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total adjustments Q4 2016 *</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD; border-bottom: #4F81BD 0.5pt solid"><B>-</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD"></P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD; border-bottom: #4F81BD 0.5pt solid"><B>68</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD"></P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD; border-bottom: #4F81BD 0.5pt solid"><B>68</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD"></P></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Adjusted Q4 2016 figures</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD"><B>&nbsp;1,338</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD"><B>&nbsp;(1,198)</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD"><B>&nbsp;140</B></FONT></TD>
    <TD STYLE="text-align: center"><IMG SRC="up.jpg" ALT="" STYLE="width: 24px; height: 25px"></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Quantity</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;(64)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;66</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;2</FONT></TD>
    <TD STYLE="text-align: center"><IMG SRC="up.jpg" ALT="" STYLE="width: 24px; height: 25px"></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Price</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;53</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">-</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;53</FONT></TD>
    <TD STYLE="text-align: center"><IMG SRC="up.jpg" ALT="" STYLE="width: 24px; height: 25px"></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exchange rate</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;34</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;(51)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;(17)</FONT></TD>
    <TD STYLE="text-align: center"><IMG SRC="down.gif" ALT="" STYLE="width: 18px; height: 19px">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Raw materials</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">-</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;(6)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;(6)</FONT></TD>
    <TD STYLE="text-align: center"><IMG SRC="down.gif" ALT="" STYLE="width: 18px; height: 19px">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Energy</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">-</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;(7)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;(7)</FONT></TD>
    <TD STYLE="text-align: center"><IMG SRC="down.gif" ALT="" STYLE="width: 18px; height: 19px">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Transportation</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">-</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;10</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;10</FONT></TD>
    <TD STYLE="text-align: center"><IMG SRC="up.jpg" ALT="" STYLE="width: 24px; height: 25px"></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Operating and other expenses</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD; border-bottom: #4F81BD 0.5pt solid"><B>-</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD"></P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD; border-bottom: #4F81BD 0.5pt solid"><B>(7)</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD"></P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD; border-bottom: #4F81BD 0.5pt solid"><B>(7)</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD"></P></TD>
    <TD STYLE="text-align: center"><IMG SRC="down.gif" ALT="">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Adjusted Q4 2017 figures</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD"><B>&nbsp;1,361</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD"><B>&nbsp;(1,193)</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD"><B>&nbsp;168</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total adjustments Q4 2017 *</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD; border-bottom: #4F81BD 0.5pt solid"><B>-</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD"></P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD; border-bottom: #4F81BD 0.5pt solid"><B>(21)</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD"></P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD; border-bottom: #4F81BD 0.5pt solid"><B>(21)</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD"></P></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q4 2017 figures</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD; border-bottom: #4F81BD 1.5pt double"><B>1,361</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD"></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD; border-bottom: #4F81BD 1.5pt double"><B>(1,172)</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD"></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD; border-bottom: #4F81BD 1.5pt double"><B>189</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #4F81BD"></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
</TD></TR>
</TABLE>


<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify">* See &quot;Adjustments
to reported operating and net income&quot; in the Appendix below</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify">&nbsp;</P>



<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Revenue: </B>Consolidated
sales improved by around 2% to $1,361 million in Q4 2017, driven primarily by higher sales of phosphoric acid in
ICL Phosphate, fire safety products in ICL Advanced Additives, specialty agriculture products in ICL Specialty Fertilizers
and bromine-based industrial products in ICL Industrial Products. These improvements were partially offset by a decrease
in quantities sold of phosphate fertilizers in ICL Phosphates, potash in ICL Potash &amp; Magnesium and clear brine solutions in ICL
Industrial Products. Favorable pricing in potash in ICL Essential Minerals (an increase of $20 in the average FOB price per
tonne), as well as bromine-based industrial products in ICL Specialty Solutions, also contributed to the improvement relative
to the prior year. In addition, sales were favorably impacted by the strengthening of the euro against the dollar.</FONT></P>



<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Operating
income: </B>Operating income was positively impacted by the Company&rsquo;s product mix, mainly higher share of potash sales from
the Dead Sea and higher sales of fire safety products compared to Q4 2016, increases in selling prices as described above and
lower transportation costs due to lower quantities of potash sold. This was partly offset by the strengthening of the shekel and
euro against the US dollar which increased production costs, higher sulphur prices which increased costs in ICL&rsquo;s phosphate
value chain and higher electricity prices in Europe. The negative impact of other operating expenses derives mainly from income
relating to employee benefits recorded in the fourth quarter of 2016 and a provision for an environmental claim in Israel made
this quarter. This was partly offset by insurance income in Israel in the fourth quarter of 2017. The increase in annual operating
income was driven primarily by operational cost-saving measures (including G&amp;A) throughout the Company; higher sales quantities
of fire-safety products, bromine compounds, phosphoric acid and specialty agriculture products; higher prices for potash and flame
retardants; lower sulphur prices in ICL Rotem and lower raw material costs in  ICL Specialty Fertilizers. This was partly offset
by a decrease in sales of phosphate rock, phosphate fertilizers and dairy proteins, lower prices of phosphate fertilizers, phosphoric
acids and specialty agriculture products, as well as higher energy and transportation costs. Exchange rate fluctuations had a
significant negative impact, increasing annual operating costs by $47 million compared to the prior year, mainly due to the strengthening
of the shekel against the US dollar.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>



<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Financing
expenses, net:</B> The net reported financing expenses in the fourth quarter of 2017 amounted to $25 million, compared to $19
million in the corresponding quarter last year. Interest income of about $3 million in Q4 was recognized in connection with the
resolution of a Belgium tax dispute relating to prior periods. In the corresponding quarter last year, interest expenses were
recognized, in the amount of about $12 million, relating to a tax assessment agreement signed with the Israel Tax authority relating
to prior years.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Net adjusted financing expenses in the fourth quarter of 2017 totaled $28 million compared with an unusually low
level of $7 million in the corresponding quarter last year. The increase derived mainly from an increase of about $24 million,
mainly from revaluation of liabilities for employee benefits (in shekel terms) and a decrease in income in respect of changes
in the fair value of derivatives.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Tax expenses: </B>Tax expenses in the
fourth quarter of 2017 amounted to $13 million. Excluding the impact of adjustments to operating income in the amount of $5 million
(mainly capital gains tax from the divestment of IDE) and the resolution of a tax dispute in Belgium resulting in tax income of
$25 million, which were offset by tax liabilities of $31 million following some transactions we made in preparation of the pending
businesses divestitures, adjusted tax expenses amounted to $1 million. This amount is exceptionally low and does not reflect ICL&rsquo;s
future tax rate, as taxes are calculated on an annual basis. Our effective tax rate for 2017 (as well as our estimate going forward),
following certain assumptions made regarding Natural Resource Tax expenses, resulted in an annual effective tax rate of approximately
30%. ICL recorded tax income in the fourth quarter of 2017 due to an adjustment to deferred taxes following the tax reform in the
US. ICL&rsquo;s provision in respect of the Natural Resources Tax Law (the &ldquo;Law&rdquo;) in Israel was prepared in accordance
with the Company&rsquo;s best understanding as to how the Law is to be applied, including certain assumptions and interpretations
regarding several material matters, including the value of property, plant and equipment in the financial statements for each mineral,
as well as calculation of the operating income for each mineral. This Law is new, applies only to ICL and to date, no regulations
have been issued with respect to the Law, no opinions have been published by Israel Tax Authority regarding the matter and no relevant
court decisions have been rendered. It is possible that in future periods the Israel Tax Authority will have different views and
argue that the Company should make additional payments, even for very significant amounts, based on alternative interpretations
the Authorities may adopt regarding the proper application of the Law.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Cash
flow &amp; debt level: </B>Fourth quarter net operating cash flow of $277 million increased by $20 million compared to the prior-year
period. The increase stemmed mostly from a more moderate increase in trade and other receivables compared to the fourth quarter
of 2016. Capex (cash basis)<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>1</SUP></FONT> increased by $2 million
to $140 million. Free cash flow (see Appendix for reconciliation) totaled $137 million which brought the annual free
cash flow to $405 million, compared to $346 million in 2016. Net debt as of December 31, 2017, totaled $3,037 million, a decrease
of $231 million compared to the end of 2016.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 2.7pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">During
the fourth quarter, Standard &amp; Poor&rsquo;s Global Ratings (&ldquo;S&amp;P&rdquo;) reaffirmed the Company&rsquo;s international
corporate credit rating at BBB- with a stable outlook. The Israeli rating by S&amp;P Maalot was also reaffirmed as ilAA with a
stable outlook. These ratings also apply to the Company&rsquo;s debentures.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 2.7pt 0pt 0; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 2.7pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">__________________</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 2.7pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 2.7pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><SUP>1</SUP></FONT><FONT STYLE="font-size: 10pt">The
Capex (cash basis) is the cash used for &ldquo;<FONT STYLE="font-family: Times New Roman, Times, Serif">Purchases of
property, plant, equipment and intangible assets&rdquo; reduced by any &ldquo;Proceeds from sale of property, plant and
equipment&rdquo; as shown in the condensed consolidated statements of cash flow to the Company&rsquo;s financial statements
as at December 31, 2017.</FONT></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>ICL&rsquo;S STRATEGIC DIRECTION</B></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">ICL's strategic
direction, as was recently refined by the board of directors, calls for our three core minerals, bromine, potash and phosphate,
to remain the base of the Company&rsquo;s operations. ICL will continue to strengthen this base through optimization and efficiency
measures that ensure the competitiveness of the Company&rsquo;s upstream and downstream products and grow the Company&rsquo;s
profit margin. The growth of ICL&rsquo;s specialty businesses will be supported through a value based pricing strategy, bolt-on
acquisitions and introduction of new, value added products and solutions.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">ICL aims
to leverage its position and capabilities in the fertilizer market and the growing use of precision agriculture to enhance its
marketing capabilities and to provide data driven solutions. These measures will enable the development of advanced and focused
agriculture solutions to an expanding customer base, including farmers.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Implementing
optimization and efficiency measures to improve the Company&rsquo;s existing mineral assets is expected to contribute to increased
production capabilities and reduction of cost per tonne, thereby ensuring the competitiveness of ICL&rsquo;s sites. At ICL Iberia,
for instance, the Company is expected to continue the consolidation of its mining operations and to introduce an efficiency plan
with the goal of making this site a solid profitable potash site even in low-cycle periods. At ICL UK, ICL is shifting its production
from potash to Polysulphate which is a semi-specialty fertilizer and is expected to bring this site to break-even in the short
term and to solid profitability in the medium term. At ICL&rsquo;s YPH JV in China, the Company has likewise reduced costs through
efficiency and operational excellence measures, while accelerating the shift from commodity to specialty products.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">ICL will
strive to solidify its position as a unique, flexible company that meets consumer needs by offering sophisticated, innovative
and tailored solutions.</FONT></P>



<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>NOTABLE DEVELOPMENTS IN 2017</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>Divestments:
                                         </B>In June 2017, the Comp<B>a</B>ny announced that as part of its plan to reduce its
                                         current level of leverage and to finance growth in its specialty businesses, it would
                                         explore opportunities to divest assets having a low synergy profile with ICL&rsquo;s
                                         mineral chains in the amount of about $500 million or more. Within the framework of this
                                         plan, the Company sold its 50% ownership in IDE&nbsp;Technologies Ltd., receiving net
                                         proceeds of $167 million and a capital gain of $41 million that was recorded in Q4. In
                                         December 2017, the Company signed an agreement to sell its fire safety and oil additives
                                         (P2S5) business units to SK&nbsp;Capital for approximately $1 billion. The closing of
                                         the deal is expected in the first half of 2018 subject to customary conditions and the
                                         receipt of regulatory approvals.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>Supply
                                         of Natural Gas:</B> In December 2017, ICL announced that it entered into a long-term agreement with Energean Israel Ltd.,
for the supply of up to 13 BCM of natural gas to the Company, at a value of approximately $2 billion over a period of 15 years
beginning in the second half of 2020. The agreement marks an important milestone in securing a consistent supply of gas to the
Company&rsquo;s Israeli facilities at a competitive price compared to its current gas supply agreements. The agreement is expected
to fully meet the Company&rsquo;s gas requirements, including the operation of Dead Sea Works&rsquo; new 240 MW power stations
in Sodom, which is expected to commence commercial operation in the first quarter of 2018. As of today, the Company is one of</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-left: 0.25in"><FONT STYLE="font-family: Symbol"></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the largest consumers of natural gas in Israel,
and the Energean agreement is consistent with the Company&rsquo;s efforts during recent years to transition to cleaner energy
sources, limit pollution and protect the environment. The agreement is subject to all required approvals, including approval of
the Company shareholders, at a meeting scheduled to be held on February&nbsp;22, 2018.</FONT></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>Phosphate
                                         Mining at Barir Field:</B> In December 2017, Israel&rsquo;s National Planning and Construction Council approved a directive for ICL
to prepare a detailed plan for mining the Barir Field in Israel&rsquo;s Negev region. This is an important strategic milestone
for ICL Rotem, as well as the economy in Israel&rsquo;s southern region, in view of ICL&rsquo;s gradually dwindling phosphate reserves.
The Company is working to comply with all the requirements that will be prerequisites for obtaining the mining permit and is cooperating
fully with the authorities. The Council&rsquo;s approval is vital for the continuation of the phosphate industry operation in the
Negev in the coming decades as well as for safeguarding the livelihoods of thousands of families throughout the region.</P>

<P STYLE="margin: 0pt 0"></FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>ICL
                                         Rotem:</B> ICL is taking actions to explore solutions for, among other things, restoration of the phospho-gypsum
water ponds in the short-term and long-term and rectification of any environmental impacts, to the extent required, from the phospho-gypsum
water spill following the partial collapse of the dyke at Pond 3 at ICL Rotem in June 2017. ICL is working in full coordination
and close cooperation with Israeli governmental and regulatory bodies. The Ministry of Environmental Protection has instructed
the Company to submit a plan relating to the future operation of the phospho-gypsum water ponds, and the Company is currently discussing
the plan with the Ministry which will serve as the basis on which a permanent permit will be received for the operation of Pond&nbsp;4.
In addition, in December 2017, a building permit was received from the Local Planning and Building Board for construction to raise
the dyke and use Pond&nbsp;4. On January&nbsp;7, 2018, a permit was granted for excavation work and repair of the infrastructure
at Pond&nbsp;5. As of the date of this release, the Company is acting to obtain the additional required permits for Pond&nbsp;5,
the operation of which is expected to commence in May&nbsp;2018. On January&nbsp;9, 2018, an appeal was filed by Adam, Teva V'din
(Man, Nature and Law) &ndash; the Israeli Association for Environmental Protection, to the District Planning and Building Appeals
Committee of the Southern District, against the Local Council and Rotem. In its appeal, Adam, Teva V'din argues that flaws occurred
in the procedures for granting the permit for Pond 4 or in the discretion of the Local Committee that approved the relief and granted
the permit. To the extent the claims made in the appeal are sustained in a manner that would cause expiry of the building permit,
Rotem may have to halt the operation of part or all the production facilities at its plant in the Negev, pending receipt of a new
building permit. However, the Company estimates that the chances that such claims are sustained, in whole or in part, are low.
On February&nbsp;5, 2018, the Company filed a request with the Appeals Board for dismissal and rejection of the appeal.</P>

<P STYLE="margin: 0pt 0"></FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><FONT STYLE="font-size: 10pt">ICL
is committed to environmental responsibility, and for years has worked closely with Israel&rsquo;s environmental authorities to
maintain nature reserves in Israel&rsquo;s Negev region that are in proximity to its facilities.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>Salt
                                         Harvest/Pumping Station at the Dead Sea: </B>In October 2017, ICL signed an agreement
                                         in the amount of $280 million for the first stage of the salt harvesting project, with
                                         Holland Shallow Seas Dredging Ltd., a contracting company that will build a special dredger
                                         designed to execute the salt harvesting project. The dredger is expected to begin operating
                                         in the first half of 2019. In addition, during the third quarter, ICL&rsquo;s Board approved
                                         an investment of about $250 million to build a new pumping station at the Dead Sea, expected
                                         to be completed in 2020.</FONT></P>

<P STYLE="margin: 0pt 0"></B></FONT></TD></TR></TABLE>

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<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>Sale of Nutrien's holdings
in ICL: </B>On February 5, 2018, Nutrien Ltd. announced in its Q4 2017 report that its wholly-owned subsidiary, Potash Corporation
of Saskatchewan Inc., on January 24, 2018, completed the sale of its 13.77% stake in ICL's shares for net proceeds of $685 million.
The sale increased the public&rsquo;s direct holding of shares in ICL by about a third, to about 54% of outstanding shares.</FONT></TD>
</TR></TABLE>


<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>REVIEW
OF OPERATING SEGMENTS</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B><U>Specialty Solutions Segment</U></B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">The Specialty
Solutions Segment, which serves diversified industrial markets, concentrates on achieving growth through a highly-tailored customer
focus, product innovation and commercial excellence. The segment includes three business lines: ICL Industrial Products, ICL Advanced
Additives and ICL Food Specialties.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Business
highlights:</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">ICL&rsquo;s
Specialty Solutions segment accounted for 48% of ICL&rsquo;s overall sales (before elimination of inter-segment sales) and operating
income attributed to segments in the fourth quarter of 2017. Results were supported by higher sales along ICL Advanced Additives&rsquo;
P2O5 value chain and an increase in quantities sold in its fire safety business resulting from off-season wildfires in California,
as well as from the segment&rsquo;s value-oriented pricing strategy and expansion of its customer base. Supportive bromine market
conditions in the fourth quarter led to higher sales quantities of bromine-based flame retardants in ICL Industrial Products,
offset by a decrease in the sales of clear brine solutions. ICL Food Specialties recorded lower sales to Russia and lower dairy
protein sales to a major customer; however, the business line expects significant improvement in 2018 resulting from customer
diversification and pricing initiatives. While the segment&rsquo;s operating income was positively influenced by increased quantities
sold and selling prices, these were offset by a provision for bad debt, an increase in royalties paid as a result of increased
sales and inventory write-offs during the quarter.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>



<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse; margin-left: 23.85pt">
<TR>
    <TD STYLE="border-bottom: rgb(79,129,189) 1pt solid; text-align: left; font-weight: bold; width: 44%; border-top: rgb(79,129,189) 1 solid">$ millions<FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 14%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: right; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10-12/2017</FONT></TD>
    <TD STYLE="width: 14%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: right; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10-12/2016</FONT></TD>
    <TD STYLE="width: 14%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: right; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1-12/2017</FONT></TD>
    <TD STYLE="width: 14%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: right; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1-12/2016</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse; margin-left: 23.85pt">
<TR>
    <TD STYLE="width: 44%; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Industrial
    Products</FONT></TD>
    <TD STYLE="width: 14%; border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;303</FONT></TD>
    <TD STYLE="width: 14%; border-right: white 2.25pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;283</FONT></TD>
    <TD STYLE="width: 14%; border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;1,193</FONT></TD>
    <TD STYLE="width: 14%; font-weight: bold; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;1,120</FONT></TD></TR>
<TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Sales to external customers</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;298</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;279</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;1,179</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;1,111</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Sales
    to internal customers</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: right; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;5</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;4</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: right; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;14</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;9</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Advanced Additives</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;199</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;173</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;877</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;798</FONT></TD></TR>
<TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Sales to external customers</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;186</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;157</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;824</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;732</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Sales
    to internal customers</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: right; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;13</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;16</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: right; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;53</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;66</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Food Specialties</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;151</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;151</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;596</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;659</FONT></TD></TR>
<TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Sales to external customers</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;149</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;150</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;585</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;650</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Sales
    to internal customers</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: right; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;2</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;1</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: right; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;11</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;9</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Setoffs</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white"><P STYLE="border-bottom: #4F81BD 0.5pt solid; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt; color: Black">(2)</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">(6)&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white"><P STYLE="border-bottom: #4F81BD 0.5pt solid; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt; color: Black">(16)&nbsp;</FONT></P></TD>
    <TD><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">(24)</FONT></P></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
    segment sales</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt; color: Black">651</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">601&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt; color: Black">2,650&nbsp;</FONT></P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">2,553</FONT></P></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Operating
    income attributable to the segment</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt; color: Black">114</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">121</FONT>&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt; color: Black">554&nbsp;</FONT></P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">534</FONT></P></TD></TR>
</TABLE>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>ICL Industrial
Products</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ICL
                                         Industrial Products benefited from stricter environmental regulations that affected local
                                         production output in China and, as a result, improved conditions for bromine and bromine-based
                                         compounds. Currently, Chinese production has resumed, and the winter shutdown has mostly
                                         not been implemented. Bromine prices are slightly down since mid-January. The bromine
                                         business environment is expected to remain stable in 2018.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Market
                                         demand for bromine-based flame retardants remains stable. However, ICL Industrial Products
                                         is benefitting from lower bromine-based flame retardants production in China as a result
                                         of the limited local bromine production and higher bromine prices.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Phosphorous-based
                                         flame retardants prices continue to be favorable compared to Q4 2016. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Operating
                                         margins were negatively impacted by lower sales of clear brine solutions.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
                                         unit experienced higher profitability for its magnesia products as a result of higher
                                         selling prices and by focusing on applications with higher profit margins.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>ICL Advanced
Additives</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 4.5pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">Advanced
Additives&rsquo; sales performance significantly exceeded the corresponding quarter last year, positively impacted by several
factors:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 4.5pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Global
                                         sales of salts and acids increased by 9% compared to Q4 2016 as a result of demand from
                                         new customers in Europe which offset lower demand from existing customers as a result
                                         of a new pricing policy. Continued growth of the P2O5 business in China is being driven
                                         by the YPH JV&rsquo;s continuing increase of local market share and of its customer base.
                                         The Brazilian market saw stable demand for phosphate salts and higher acid exports to
                                         other South American countries while in North America, year-over-year revenues declined
                                         due to competitive price pressure. Average P2O5 prices were slightly down compared to
                                         Q4 2016 but sequentially higher as a result of a new pricing policy.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Extended
                                         wildfire activity in North America created higher demand for fire safety products. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Oil
                                         Additives (P2S5) sales increased versus Q4 2016 mainly due to higher demand  from a customer
                                         in North America, partly offset by plant turnarounds of other key customers in Europe
                                         and North America. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">During
                                         the quarter, ICL announced the sale of its Fire Safety and Oil Additives (P2S5) businesses
                                         to SK Capital for approximately $1 billion. The sale is expected to close in the first
                                         half of 2018. (See &ldquo;Divested Businesses Sales and Operating Income&rdquo; in the Appendix.)</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>ICL Food
Specialties</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">ICL
                                         Food Specialties&rsquo; revenue in Q4 2017 was stable compared to Q4 2016 due to higher
                                         volumes in the food phosphates and multi-ingredient blends businesses, which offset lower
                                         sales to Russia as a result of the transition to a new distributor and lower dairy protein
                                         sales to a major customer. Q4 sales are usually lower than the first three quarters of
                                         the year due to seasonality.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">ICL
                                         Food Specialties&rsquo; dairy business continued to recover during Q4 2017 compared to
                                         the first half of the year although revenues were below the corresponding quarter in
                                         2016. Over the last six months the dairy business has diversified its customer base,
                                         and has focused its efforts on the organic infant food industry, which is expected to
                                         contribute to the growth of the business line in 2018.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">During
                                         Q4, ICL Food Specialties&rsquo; phosphates business experienced an increase in costs
                                         of certain raw materials. The business line expects to offset these increases through
                                         higher selling prices.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">The
                                         demand for clean-label, vegan and lactose-free food products in the European market continues
                                         to grow. ICL Food Specialties&rsquo; integrated solutions and capabilities are well positioned
                                         to respond to this trend. As a result, sales volumes of integrated solutions and new
                                         products continued to increase. In addition, the business line modified its organizational
                                         structure from regional-based to market segment-based to enable it to focus on developing
                                         new products and tailor-made solutions for targeted customers. This will strengthen the
                                         business line&rsquo;s go-to market capability and contribute to cost efficiency.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 28.35pt; text-align: justify"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 28.35pt; text-align: justify">Results of operations
for the period October &ndash; December 2017</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD NOWRAP STYLE="border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-size: 10pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">Sales analysis</FONT></TD>
    <TD STYLE="border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-size: 10pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">Industrial Products</FONT></TD>
    <TD STYLE="border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-size: 10pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">Advanced Additives</FONT></TD>
    <TD STYLE="border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-size: 10pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">Food Specialties</FONT></TD>
    <TD STYLE="border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-size: 10pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">Setoff</FONT></TD>
    <TD STYLE="border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-size: 10pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">Segment Total</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #4F81BD 1pt solid; text-align: center; font-size: 10pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-size: 12pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-size: 10pt; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-size: 10pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">$ millions</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: #4F81BD 1pt solid; text-align: center; font-size: 10pt; font-weight: bold">&nbsp;</TD></TR>
<TR>
    <TD STYLE="width: 27%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 14%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 31%; border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">Total sales Q4 2016</FONT></TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">283</FONT></TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">173</FONT></TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">151</FONT></TD>
    <TD STYLE="width: 9%; border-right: white 2.25pt solid; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">(6)</FONT></TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">601</FONT></TD>
    <TD STYLE="width: 12%; text-align: right; color: #4F81BD; font-weight: bold">&nbsp;</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">Quantity</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">6</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">17</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">(7)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">3</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">19</FONT></TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="image_002.gif" ALT=""></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">Price</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">9</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">4</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">1</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">(1)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">13</FONT></TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="image_002.gif" ALT="" STYLE="width: 14px; height: 18px"></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">Exchange rate</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">5</FONT></P>
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">5</FONT></P>
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">6</FONT></P>
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">2</FONT></P>
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">18</FONT></P>
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P></TD>
    <TD STYLE="text-align: center">
<IMG SRC="image_002.gif" ALT=""><!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: #4F81BD 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">Total sales Q4 2017</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">303&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">199</P>
        <P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">151</P>
        <P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(2)</P>
        <P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">651</P>
        <P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: justify; font-size: 11pt">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 28.35pt; text-align: justify"></P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD NOWRAP STYLE="width: 72%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: left; font-weight: bold; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Operating income attributable to the segment analysis</FONT></TD>
    <TD STYLE="width: 14%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">$ millions</FONT></TD>
    <TD NOWRAP STYLE="width: 14%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">&nbsp;</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">Total operating income Q4 2016</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">121</FONT></TD>
    <TD STYLE="text-align: right; font-size: 11pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">Quantity</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">7</FONT></TD>
    <TD STYLE="text-align: center; font-size: 11pt"><IMG SRC="up.jpg" ALT=""></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">Price</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">13</FONT></TD>
    <TD STYLE="text-align: center; font-size: 11pt"><IMG SRC="up.jpg" ALT=""></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">Exchange rate</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">(2)</FONT></TD>
    <TD STYLE="text-align: center; font-size: 11pt"><IMG SRC="down.gif" ALT=""></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">Raw materials</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">(1)</FONT></TD>
    <TD STYLE="text-align: center; font-size: 11pt"><IMG SRC="down.gif" ALT="" STYLE="width: 18px; height: 19px"></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">Energy</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">(1)</FONT></TD>
    <TD STYLE="text-align: center; font-size: 11pt"><IMG SRC="down.gif" ALT="" STYLE="width: 18px; height: 19px"></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">Transportation</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">1</FONT></TD>
    <TD STYLE="text-align: center; font-size: 11pt"><IMG SRC="up.jpg" ALT=""></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">Operating and other expenses</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">(24)</FONT></P>
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P></TD>
    <TD STYLE="text-align: center">
<!-- Field: Rule-Page --><DIV STYLE="text-align: center; margin-top: 1pt; margin-bottom: 1pt"><IMG SRC="down.gif" ALT=""><DIV STYLE="font-size: 1pt; border-top: #4F81BD 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">Total operating income Q4 2017</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">114</P>
        <P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: right; font-size: 11pt">&nbsp;</TD></TR>
</TABLE>


<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="font: italic 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt; font-weight: normal; font-style: normal">Contribution
from higher sales quantities deriving from fire safety and bromine-based flame retardants as well as higher prices in the bromine
value chain and of specialty acids was more than offset mainly by an increase in operating and other expenses due to a provision
for bad debt, inventory write-off, higher royalty payments in the bromine value chain and an income related to employee benefits
recorded in Q4 2016.</FONT></P>

<P STYLE="font: italic 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt"><IMG SRC="header.gif" ALT="">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B><U>Essential
Minerals Segment</U></B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt; font-weight: normal; font-style: normal"></FONT></P>

<P STYLE="font: italic 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt; font-weight: normal; font-style: normal">The
Essential Minerals segment, which serves the agricultural market, includes three business lines: ICL Potash &amp; Magnesium, ICL
Phosphate and ICL Specialty Fertilizers. The segment focuses on delivering high-quality agricultural products, while continuously
driving efficiency, process innovation and operational excellence.</FONT></P>

<P STYLE="font: italic 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Business
highlights:</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 4.15pt"><FONT STYLE="font-size: 10pt; font-weight: normal">In
                                         the fourth quarter, the Potash and Magnesium business line recorded growth in operating
                                         income supported by strong demand and tight supply in the potash market. For the year,
                                         the business line achieved record annual sales volume to Brazil and continued to restructure
                                         its European sites to optimize their competitiveness and ensure sustainability. Moderate
                                         price recovery in the Phosphate business line in Q4 was initially driven by raw material
                                         cost increases, but continued into 2018 as a result of increased demand. However, production
                                         slowdown of several weeks at ICL&rsquo;s YPH JV and ICL Rotem in the quarter offset the
                                         contribution from the market&rsquo;s recovery. The Specialty Fertilizers business line
                                         achieved record fourth quarter results led by growth in specialty agriculture which benefited
                                         from strong demand for its products in Europe, Asia Pacific, the Middle East and Africa.
                                         An organizational shift and efficiency measures also contributed to Specialty Fertilizers&rsquo;
                                         growth in sales and improved operating margins.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 4.15pt"><FONT STYLE="font-size: 10pt; font-weight: normal">Based on the World Agriculture Supply &amp; Demand Estimates (WASDE) report published by the US Department of Agriculture (USDA) in February
2018, the grain stock to use ratio for 2017/2018 agricultural year is expected to decrease slightly to 24.7%, compared with 25.3%
at the end of the 2016/2017 agricultural year, and compared with 25.7% in the 2015/2016 agricultural year. This level is still
relatively high and as a result grain prices are at a ten-year low level, adversely affecting farmers&rsquo; incentive to purchase
fertilizers. However, the affordability of fertilizers is still favorable, which is reflected in good demand for potash.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"></FONT></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 4.15pt"><FONT STYLE="font-size: 10pt; font-weight: normal">According
                                         to the UN&rsquo;s Food and Agriculture Organization (FAO) forecast from December 2017,
                                         global cereal production in 2017 amounted to 2,627 million tonnes, 16.8 million tonnes
                                         (0.6%) higher than 2016. The production of coarse grains amounted to 1,371 million tonnes,
                                         up nearly 24 million tonnes (1.8%) from 2016.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 4.15pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Potash
&amp; Magnesium</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 4.15pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Business
environment overview</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Potash
                                         prices continued to firm moderately during Q4 2017, supported by healthy demand. According
                                         to CRU (Fertilizer Week Historical Prices, 18/1/2018), the average CFR Brazil price for
                                         Q4 was $280 per tonne, 5% higher than in Q3 2017, and 19% higher than in Q4 2016.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">According
                                         to customs data, China imported about 7.5 million tonnes of potash during 2017, a 10.5%
                                         increase over 2016. ICL completed its shipments under 2017 contractual obligations by
                                         the beginning of February 2018.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">According
                                         to the FAI (Fertilizer Association of India), potash imports during 2017 amounted to
                                         4.3 million tonnes, a 25% increase over imports in 2016.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">According to ANDA (Brazilian National Fertilizer Association),
                                         potash imports into Brazil during 2017 amounted to 9.23 million tonnes, a 5% increase
                                         over 2016, and an all-time record for the country. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Three
                                         fertilizer companies are currently in the process of commissioning new (Greenfield) mines.
                                         However, currently their impact on the market is negligible due to delays and ramp-up time.
                                         </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Global
                                         demand for magnesium remains constrained in China, Brazil and Europe while prices are
                                         under pressure due to increased Chinese exports as well as imports from Russian, Kazakh
                                         and Turkish producers to the US. However, there appears to be a resumption of aluminum
                                         production in the US, where aluminum producers constitute 37% of primary magnesium (pure
                                         magnesium and primary-based-alloy magnesium) consumers. This is expected to improve
                                         the US magnesium market. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Business
highlights</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ICL
                                         shipped about 1.3 million tonnes of potash to Brazil in 2017, marking record annual sales
                                         for this market.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company continues to restructure its European mineral assets to optimize their competitiveness and ensure
sustainability. Following the quarter, ICL UK announced that potash production at its Boulby mine is expected to end in mid-2018
as it completes its transition to mining Polysulphate. In 2018, ICL plans to produce about 600 thousand tonnes of Polysulphate,
increasing to about 800 thousand tonnes in 2019. The transition from potash to Polysulphate production includes the reduction of
about 200 employees during 2018, in addition to the reductions made in 2016 and 2017. In addition, in mid-2018, ICL expects to
begin producing PotashpluS, a compressed mixture of Polysulphate and potash with higher potash concentration, which is expected
to contribute to Polysulphate sales. In addition, during 2018 ICL is expected to continue its site consolidation project at its
potash mines in Spain, while implementing an efficiency plan to reduce costs already in 2018. ICL also expects to decrease its
production costs per tonne at ICL Dead Sea in 2018 as a result of improved production rates.</P>

<P STYLE="margin: 0pt 0"></FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">After
                                         assuming full responsibility for construction of the new power station in Sodom, ICL
                                         Dead Sea is now in the test run stage and awaiting receipt of final regulatory approvals.
                                         The power station is expected to reduce energy costs throughout ICL&rsquo;s plants in
                                         southern Israel.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ICL
                                         Dead Sea has begun the construction of a new pumping station at the Dead Sea (P-9) scheduled
                                         to be carried out until 2020, following approval by ICL&rsquo;s Board of Directors of
                                         an investment of  approximately $250 million. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 4.15pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Phosphate</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 4.15pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 4.15pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Business
Environment</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 4.15pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
                                         phosphate market appeared to have reached bottom towards the end of the third quarter,
                                         after which, prices began to rise, initially driven by raw material costs, such as ammonia
                                         and sulphur. However, moderation in sulphur prices during December has not yet resulted
                                         in reversal of phosphate fertilizers prices. This could be explained by healthy demand
                                         in the US, Brazil and Pakistan, while Chinese producers have focused on the domestic
                                         market limiting export volumes. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sulphur
                                         prices rallied during the third and most of the fourth quarter due to increased demand
                                         and limited supply. At the end of November, prices CFR China passed the $200 per tonne
                                         mark, but from that point in time prices began to decline and were lower by an average
                                         of $50 per tonne at the beginning of January 2018.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Major
                                         capacity increases were reported this year in Morocco and Saudi Arabia. The Moroccan
                                         producer OCP added a third (out of four) one-million-tonne-per-year finished product
                                         plant in Jorf Lasfar, while planning to commission a fourth plant in Q1 2018. The Saudi
                                         Arabian producer, Ma&rsquo;aden, is ramping-up its Wa&rsquo;ad Al Shamal facility with
                                         finished product capacity of  three million tonnes per year. On the other hand, Mosaic announced
                                         the idling of its Plant City phosphate production which will remove about two million
                                         tonnes per year of DAP and MAP capacity.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Export
                                         of phosphates (DAP, MAP and TSP) from China increased by 11% during 2017 to 10.1 million
                                         tonnes, despite lower Indian imports and low margins. Continued pressure by Chinese environmental
                                         authorities is resulting in several plant closures and additional expenses, which is
                                         expected to limit further growth in exports, and possibly result in some decline over
                                         the coming years.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Phosphate
                                         imports to Brazil (DAP, MAP, TSP, SSP&amp; 11-44) during 2017 increased by 10.4% to 7.26
                                         million tonnes.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">According
                                         to the FAI (Fertilizer Association of India), DAP imports into India during 2017 decreased
                                         significantly by 6.3% to 4 million tonnes. However, domestic DAP production increased
                                         by 9.7%, to 4.8 million tonnes, using imported rock and acid.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Demand
                                         in the US was firm. According to TFI (The Fertilizer Institute) data, DAP imports in
                                         2017 increased by 37% to 805 thousand tonnes. MAP imports increased by 22% to 1,380 thousand
                                         tonnes.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">According
                                         to CRU (Fertilizer Week Historical Prices, 18/1/2018), the average price of DAP in the
                                         fourth quarter of 2017 was $382 per tonne FOB Morocco, an 8.4% and 12.3% increase over
                                         the third quarter of 2017 and the fourth quarter of 2016, respectively.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">According
                                         to CRU (Fertilizer Week Historical Prices, 18/1/2018), the average price of phosphate
                                         rock (68-72% BPL) in the fourth quarter of 2017 was $80 per tonne FOB Morocco, a decrease
                                         of 6.9% and 24.1% over the third quarter of 2017 and the fourth quarter of 2016, respectively.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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    <!-- Field: /Page --> <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0.2in 0pt 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
                                         Moroccan producer, OCP, has agreed to first-quarter phosphoric acid contracts with its
                                         Indian joint-venture partners at $678 per tonne P2O5 CFR, an increase of $111 per tonne
                                         from the price in the second half of 2017.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Market
                                         observers such as CRU and FertEcon are forecasting moderate global price recovery starting
                                         next year due to lower exports from China and higher imports to India. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt"><B>Business
Highlights</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0; text-align: justify; text-indent: 0in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Following
                                         the partial collapse in June 2017 of a dyke in Pond&nbsp;3 which is used for accumulation
                                         of phospho-gypsum water in ICL Rotem, the Company returned to production at close to
                                         full capacity under a temporary approval to activate Pond 4 by the Ministry of Environmental
                                         Protection. The Company is currently discussing with the Ministry a plan relating to
                                         the future operation of the ponds, which will serve as the basis for the permanent permit
                                         to operate Pond 4. In addition, in December 2017, a building permit was received from
                                         the Local Planning and Building Committee of Tamar for the construction, raising the
                                         dyke and use of Pond 4. In January 2018, a permit was granted for excavation work and
                                         repair of the infrastructure in Pond 5, and actions are being taken by the Company to
                                         obtain all required permits for Pond 5, towards expected beginning of operation in May
                                         2018.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Q4
                                         results of the Company&rsquo;s YPH JV in China improved compared to the fourth quarter
                                         of 2016 driven by a shift to specialty and higher margin products, as well as the implementation
                                         of efficiency and cost reduction measures. Compared to the second and third quarters
                                         of 2017, performance in the fourth quarter was negatively affected by the shutdown of
                                         YPH JV&rsquo;s MGA and sulphuric acid plants for yearly maintenance, as well as by a
                                         significant increase in sulphur prices.</FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
                                         ICL Rotem Zin plant was shut down during part of the fourth quarter of 2017 as a result
                                         of a decision to decrease phosphate rock sales due to lower prices. The plant returned
                                         to activity in November 2017. ICL Rotem management is working on implementing additional
                                         efficiency measures in order to cope with market conditions.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Specialty
Fertilizers</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 34pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ICL
                                         Specialty Fertilizers&rsquo; delivered record Q4 results led by growth of its specialty
                                         agriculture business which saw strong demand in Europe, Asia Pacific, Middle East and
                                         Africa.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 34pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
                                         specialty fertilizers market recovered in 2017, following challenges which impacted 2016
                                         results. In recent months, prices have also begun to recover moderately. This trend is
                                         expected to continue during 2018.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 34pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">During
                                         2017, the business line also pursued an organizational shift into sub-business lines
                                         based on markets rather than geographies. This shift, in addition to the implementation
                                         of efficiency measures, contributed to a growth in sales as well as an improvement in
                                         operating margins. Further contribution is expected in 2018.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 34pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
                                         business unit also recorded increased sales in Europe in the ornamental horticulture
                                         market, mainly of controlled release fertilizers (CRF) and water-soluble fertilizers.
                                         Sales of seed and plant protection products increased in the turf and landscape market
                                         in Europe.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 34pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Increased
                                         sales of controlled release fertilizers (CRF) in most specialty agriculture market territories.
                                         </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 34pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Results
                                         of straight fertilizers (MAP/MKP) in Q4 were higher compared to the corresponding quarter
                                         in 2016 due to market conditions. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 34pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">During
                                         the last two months of Q4 the business unit saw the first signs of recovery in the North
                                         America market. 2017 results were lower than last year due to a competitive business
                                         environment and unfavorable weather conditions<I>.</I></FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 34pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Results
                                         in Israel were negatively impacted by the continued local shortage of ammonia. The business
                                         line shifted soluble MAP production to the YPH JV in China.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Results of Operations</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse; margin-left: 23.85pt">
<TR>
    <TD STYLE="width: 44%; border-top: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 14%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10-12/2017</FONT></TD>
    <TD STYLE="width: 14%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10-12/2016</FONT></TD>
    <TD STYLE="width: 14%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1-12/2017</FONT></TD>
    <TD STYLE="width: 14%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1-12/2016</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">$</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">millions</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">$</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">millions</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">$</FONT>&nbsp;</P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">millions&nbsp;</FONT></P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">$</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">millions</FONT>&nbsp;</P></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse; margin-left: 23.85pt">
<TR>
    <TD STYLE="width: 44%; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Potash
    &amp; Magnesium</FONT></TD>
    <TD STYLE="width: 14%; border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">414</FONT></TD>
    <TD STYLE="width: 14%; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">415</FONT></TD>
    <TD STYLE="width: 14%; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,383</FONT></TD>
    <TD STYLE="width: 14%; border-left: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,338</FONT></TD></TR>
<TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Sales to external customers</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">381</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">386</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,258</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,213</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Sales
    to internal customers</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">33</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">29</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">125</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">125</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Phosphate</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">242</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">263</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,052</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,163</FONT></TD></TR>
<TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Sales to external customers</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">189</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">226</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">860</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">966</FONT></TD></TR>
<TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Sales to internal customers</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">53</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">37</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">192</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">197</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Specialty Fertilizers</FONT></TD>
    <TD STYLE="border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">156</FONT></TD>
    <TD STYLE="border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">137</FONT></TD>
    <TD STYLE="border-top: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">692</FONT></TD>
    <TD STYLE="border-top: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">661</FONT></TD></TR>
<TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Sales to external customers</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">148</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">129</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">671</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">632</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Sales
    to internal customers</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">21</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">29</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Setoffs</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white"><P STYLE="border-bottom: #4F81BD 0.5pt solid; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">(32)</FONT></P>
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">(15)</FONT></P>
        <P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="background-color: white"><P STYLE="border-bottom: #4F81BD 0.5pt solid; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">(119)</FONT></P>
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="border-left: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">(126)&nbsp;</FONT></P></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
    segment sales</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">780</FONT></P>
        <P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">800</FONT></P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">3,008</FONT>&nbsp;</P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">3,036&nbsp;</FONT></P></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Operating
    income attributable to the segment</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">124</FONT></P>
        <P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">103</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">359</FONT>&nbsp;</P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">398</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt"></FONT></P></TD></TR>
</TABLE>

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<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse; margin-left: 23.85pt">
<TR>
    <TD NOWRAP STYLE="width: 30%"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Sales
        analysis</B></FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P></TD>
    <TD STYLE="width: 12%"><P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Potash
        &amp; Magnesium</FONT></P>
        <P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"></P></TD>
    <TD STYLE="width: 12%"><P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Phosphate&nbsp;</FONT></P></TD>
    <TD STYLE="width: 12%"><P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Specialty
        Fertilizers</FONT></P>
        <P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"></P></TD>
    <TD STYLE="width: 9%"><P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Setoff</FONT></P>
        <P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"></P></TD>
    <TD STYLE="width: 13%"><P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Segment
        Total&nbsp;</FONT></P></TD>
    <TD STYLE="width: 12%; text-align: center; font-size: 10pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>


<P STYLE="margin: 0"></P>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse; margin-left: 23.85pt">
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>$ millions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #4F81BD 1pt solid; text-align: right; color: #4F81BD">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; width: 30%; border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-style: normal"><B>Total sales Q4 2016</B></FONT></TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>415</B></FONT></TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>263</B></FONT></TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>137</B></FONT></TD>
    <TD STYLE="width: 9%; border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(15)</B></FONT></TD>
    <TD STYLE="width: 13%; border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>800</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; text-align: right; color: #4F81BD">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD">&nbsp;</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD">&nbsp;</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD">&nbsp;</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD">&nbsp;</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; color: #4F81BD">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; layout-grid-mode: char"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">Quantity</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(41)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(38)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(15)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(78)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; color: #4F81BD"><IMG SRC="down.gif" ALT="">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; layout-grid-mode: char"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">Price</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">32</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">42</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; color: #4F81BD"><IMG SRC="up.jpg" ALT="">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; font-weight: bold; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal; font-style: normal">Exchange rate</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; vertical-align: bottom; text-align: center">
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">8</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; vertical-align: bottom; text-align: center">
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">6</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; vertical-align: bottom; text-align: center">
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">1</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; vertical-align: bottom; text-align: center">
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">1</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; vertical-align: bottom; text-align: center">
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">16</FONT></P></TD>
    <TD STYLE="vertical-align: bottom; text-align: center">
<IMG SRC="up.jpg" ALT=""><!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: #4F81BD 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total sales Q4 2017</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">414&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">242</P></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">156</P></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(32)&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">780</P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: right; color: #4F81BD">&nbsp;</TD></TR>
</TABLE>


<P STYLE="margin: 0"></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse; margin-left: 23.85pt">
<TR>
    <TD STYLE="width: 72%; border-right: white 2.25pt solid; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 14%; border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;</TD>
    <TD STYLE="width: 14%; text-align: right; color: #4F81BD">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: left; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Operating income attributable to the segment analysis</FONT></TD>
    <TD STYLE="border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$ millions</FONT></TD>
    <TD NOWRAP STYLE="border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">&nbsp;</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">Total operating income Q4 2016</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">103</FONT></TD>
    <TD STYLE="text-align: right; color: #4F81BD; font-weight: bold">&nbsp;</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">Quantity</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">(1)</FONT></TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="down.gif" ALT="">&nbsp;</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">Price</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">42</FONT></TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="up.jpg" ALT="">&nbsp;</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">Exchange rate</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">(13)</FONT></TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="down.gif" ALT="">&nbsp;</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">Raw materials</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">(11)</FONT></TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="down.gif" ALT="" STYLE="width: 18px; height: 19px">&nbsp;</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">Energy</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">(6)</FONT></TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="down.gif" ALT="">&nbsp;</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">Transportation</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">9</FONT></TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="up.jpg" ALT="">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">Operating and other (expenses) income</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">1</FONT></P>
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P></TD>
    <TD STYLE="text-align: center">
<IMG SRC="up.jpg" ALT=""><!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: #4F81BD 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">Total operating income Q4 2017</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">124</P>
        <P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: right; color: #4F81BD">&nbsp;</TD></TR>
</TABLE>


<P STYLE="margin: 0"></P>

<P STYLE="font: italic 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt; font-weight: normal; font-style: normal">Sales
quantities of potash and phosphate fertilizers had a negative impact, offset by an increase in the sales quantities of
phosphoric acid and specialty agriculture products. The impact was insignificant on operating profit due to the composition
of potash production sites and product mix throughout the segment. Price contribution derived mostly from higher potash
prices. The contribution of exchange rates to sales due to the strengthening of the euro against the dollar was more than
offset in the operating profit mainly due to the impact of the strengthening of the Israeli shekel on production costs. An
increase in sulphur prices, as well as higher electricity charges in Europe, had a negative impact on operating income,
offset by lower transportation costs due to a decrease in the quantities sold and despite an increase in marine
transportation prices.</FONT></P>

<P STYLE="font: italic 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Potash
Stand Alone Activities:</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Production
and sales:</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 95%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 52%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: left; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Thousands
    of Tonnes</FONT></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10-12/2017</FONT></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10-12/2016</FONT></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1-12/2017</FONT></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1-12/2016</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 95%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 52%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Production</FONT></TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,303</FONT></TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,303</FONT></TD>
    <TD STYLE="width: 12%; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,773</FONT></TD>
    <TD STYLE="width: 12%; border-left: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5,279</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sales to external customers</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,375</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,632</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,687</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,818</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sales to internal customers</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white"><P STYLE="border-bottom: #4F81BD 0.5pt solid; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">125</FONT></P>
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">92</FONT></P>
        <P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="background-color: white"><P STYLE="border-bottom: #4F81BD 0.5pt solid; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">352</FONT></P>
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P></TD>
    <TD STYLE="border-left: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">347</FONT></P>
        <P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total sales (including internal sales)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,500</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,724</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5,039</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5,165</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Closing
    inventory</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">400</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">666</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">400</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">666</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">Lower
sales quantities in Q4 2017 compared to exceptionally strong shipments in Q4 2016 which was a significantly back-end
loaded year. Production in the fourth quarter was stable compared to the corresponding quarter in 2016.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Key Figures:</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 95%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 52%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: left; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Millions
    of dollars</FONT></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10-12/2017</FONT></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10-12/2016</FONT></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1-12/2017</FONT></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1-12/2016</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 95%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 52%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sales to external customers</FONT></TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">361</FONT></TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">369</FONT></TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,181</FONT></TD>
    <TD STYLE="width: 12%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,134</FONT></TD></TR>
<TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sales to internal customers *</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">40</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">34</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">149</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">151</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
    Sales</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">401</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">403</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,330</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,285</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Gross
    Profit</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">198</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">167</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">555</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">513</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Operating
    income attributable to potash business </FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">124</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">94</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">303</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">291</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CAPEX</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">114</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">66</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">256</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">305</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Depreciation
    and amortization</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">35</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">27</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">121</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">119</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Average
    potash selling price per tonne - FOB (in $)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">222</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">202</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">219</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">211</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0.25in; text-align: justify"><FONT STYLE="font-size: 10pt">*
Sales to other business lines of ICL including the Magnesium business.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0.25in; text-align: justify"><FONT STYLE="font-size: 10pt">Potash
stand-alone activities include, among others, Polysulphate produced in a mine in the UK and salt produced in underground mines
in the UK and Spain.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Results
of operations for the period October-December 2017:</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B></B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse">
<TR>
    <TD NOWRAP STYLE="width: 72%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: left; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sales
    analysis</FONT></TD>
    <TD STYLE="width: 14%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$
    millions</FONT></TD>
    <TD NOWRAP STYLE="width: 14%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
    sales Q4 2016</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">403</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Quantity</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(44)</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;<IMG SRC="down.gif" ALT=""></FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Price</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">34</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;<IMG SRC="up.jpg" ALT=""></FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exchange
    rate</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-weight: normal">8</FONT></P>
        <P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="text-align: center">&nbsp;<IMG SRC="up.jpg" ALT=""></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
    sales Q4 2017</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">401</FONT></P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD NOWRAP STYLE="width: 72%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: left; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Operating
    income attributable to potash business analysis</FONT></TD>
    <TD STYLE="width: 14%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$
    millions</FONT></TD>
    <TD NOWRAP STYLE="width: 14%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
    operating income Q4 2016</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">94</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Quantity</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(5)</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;<IMG SRC="down.gif" ALT=""></FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Price</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">34</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;<IMG SRC="up.jpg" ALT=""></FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exchange
    rate</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(6)</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;<IMG SRC="down.gif" ALT=""></FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Energy</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;<IMG SRC="down.gif" ALT=""></FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Transportation</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;<IMG SRC="up.jpg" ALT=""></FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Operating
    and other (expenses) income</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: #4F81BD 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-weight: normal">8</FONT></P></TD>
    <TD STYLE="text-align: center; border-bottom: rgb(79,129,189) 1pt solid">&nbsp;<IMG SRC="up.jpg" ALT=""></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
    operating income Q4 2017</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="border-bottom: #4F81BD 1.5pt double; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">124</FONT></P></TD>
    <TD STYLE="font-size: 11pt; text-align: justify; border-bottom: rgb(79,129,189) 1pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 31.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 31.5pt; text-align: justify"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 31.5pt; text-align: justify"><FONT STYLE="font-size: 10pt">The
significant growth of 32% in Q4 2017 operating income derived from higher prices, lower transportation costs and lower operating
costs, and was only partly offset by the negative impact of lower sales quantities and the upward revaluation of the Israeli shekel
against the dollar.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 31.5pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 4.15pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Production
and Sales &ndash; Phosphates</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 4.15pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 52%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: left; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Thousands
    of Tonnes</FONT></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10-12/2017</FONT></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10-12/2016</FONT></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1-12/2017</FONT></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1-12/2016</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 52%; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Phosphate
    rock</FONT></TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; background-color: white; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 12%; background-color: white; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 12%; border-left: white 2.25pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Production of rock</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,098</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,301</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,877</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5,744</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sales *</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">140</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">157</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">498</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,032</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Phosphate rock used for internal purposes</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,030</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,054</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,300</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,099</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Phosphate fertilizers</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Production</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">555</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">691</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,094</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,725</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sales
    *</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">501</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">750</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,291</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,645</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify"><FONT STYLE="font-size: 10pt">*
To external customers.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 4.15pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt; font-weight: normal">The
decrease in phosphate rock production derived mainly from adjusting production volumes to the business environment  in ICL
Rotem, which included a shutdown of the Zin plant during a part of the fourth quarter. The plant returned to activity towards
the end of the quarter. Sales of phosphate rock were lower due to the challenging market environment and unattractive prices.
The decrease in phosphate fertilizers production stemmed mainly from decreased production at the YPH JV as a result of its
shift to specialty products. The decrease in sales of phosphate fertilizers stemmed mainly from a decrease in sales to
Asia.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 4.15pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt; font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 4.15pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt; font-weight: normal"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>DIVIDEND
DISTRIBUTION</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">The
Board of Directors declared that a dividend totaling $70 million, or about $0.054 per share, will be paid on March 14, 2018, in
respect of ICL&rsquo;s fourth quarter 2017 results.&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 4.15pt 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: italic 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">##</FONT></P>

<P STYLE="font: italic 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: italic 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-size: 10pt; font-style: normal"><B>About
ICL </B></FONT></P>

<P STYLE="font: italic 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">ICL is a
global manufacturer of products based on its three mineral value chains &ndash; bromine, potash and phosphate, serving global
agriculture and industrial markets.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">ICL produces
approximately a third of the world&rsquo;s bromine, and is the sixth largest potash producer, as well as the leading provider
of pure phosphoric acid. It is a major manufacturer of specialty fertilizers, specialty phosphates and flame retardants. ICL&rsquo;s
mining and manufacturing activities are located in Israel, Europe, the Americas and China, and are supported by global distribution
and supply networks.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">The agricultural
products that ICL produces help to feed the world&rsquo;s growing population. The potash and phosphates that it mines and manufactures
are used as ingredients in fertilizers and serve as an essential component in the pharmaceutical and food additives industries.
The food additives that ICL produces enable people to have greater access to more varied and higher quality food. Other substances,
based on bromine and phosphates allow the safe and widespread use of a variety of products and materials and help to create energy
that is more efficient and environmentally friendly.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">ICL benefits
from a number of unique advantages, including its vertically integrated activities and complementary and synergistic downstream
operations for the production of unique end products; its balanced and varied product portfolio in growing markets; broad presence
throughout the world and proximity to large markets, including in emerging regions.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">ICL operates
within a strategic framework of sustainability that includes a commitment to the environment, support of communities in which
ICL&rsquo;s manufacturing operations are located and where its employees live, and a commitment to all its employees, customers,
suppliers and other stakeholders.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">ICL is a
public company whose shares are dually listed on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE: ICL).
The Company employs approximately 13,000 people worldwide, and its sales in 2017 totaled US$5.4 billion. For more information,
visit the Company's website at <FONT STYLE="color: Blue"><U>www.icl-group.com</U></FONT>.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 1.4pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Forward
Looking Statement</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 1.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 1.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">This
press release contains statements that constitute &ldquo;forward-looking statements&rdquo;, many of which can be identified by
the use of forward-looking words such as &ldquo;anticipate&rdquo;, &ldquo;believe&rdquo;, &ldquo;could&rdquo;, &ldquo;expect&rdquo;,
&ldquo;should&rdquo;, &ldquo;plan&rdquo;, &ldquo;intend&rdquo;, &ldquo;estimate&rdquo; and &ldquo;potential&rdquo; among others.
Forward-looking statements include, but are not limited to assessments and judgments regarding macro-economic conditions and ICL&rsquo;s
markets, operations and financial results. Forward-looking assessments and judgments are based on our management&rsquo;s current
beliefs and assumptions and on information currently available to our management. Such statements are subject to risks and uncertainties,
and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors,
including, but not limited to, market fluctuations, especially in ICL&rsquo;s manufacturing locations and target markets ;the
difference between actual resources and our resources estimates ;changes in the demand and price environment for ICL's products
as well as the cost of shipping and energy, whether caused by actions of governments, manufacturers or consumers ;changes in the
capital markets, including fluctuations in currency exchange rates, credit availability, interest rates;changes in the competition
structure in the market;and the factors in &ldquo;Item 3. Key Information&mdash;D. Risk Factors&rdquo; in the Company's annual
report on Form 20-F filed with the U.S. Securities and Exchange Commission on March 16, 2017. Forward-looking statements speak
only as of the date they are made, and we do not undertake any obligation to update or revise them or any other information contained
in this press release, whether as a result of new information, future developments or otherwise.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 1.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">##</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>(Financial
tables follow and are also available in</B><BR>
<B>Excel format on our website located at www.icl-group.com)</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Appendix: </B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify; text-indent: -0.55pt"><FONT STYLE="font-size: 10pt"><I>We
disclose in this Quarterly Report non-IFRS financial measures titled adjusted operating income, adjusted net income attributable
to the Company&rsquo;s shareholders<FONT STYLE="color: #1F497D"><B><U>,</U></B></FONT> adjusted EBITDA and free cash flow. Our
management uses adjusted operating income, adjusted net income attributable to the Company&rsquo;s shareholders and adjusted EBITDA
to facilitate operating performance comparisons from period to period and present free cash flow to facilitate a review of our
cash flows in periods. We calculate our adjusted operating income by adjusting our operating income to add certain items, as set
forth in the reconciliation table &ldquo;Adjustments to reported operating and net income&rdquo; below. Certain of these items
may recur. We calculate our adjusted net income attributable to the Company&rsquo;s shareholders by adjusting our net income attributable
to the Company&rsquo;s shareholders to add certain items, as set forth in the reconciliation table &ldquo;Adjustments to reported
operating and net income&rdquo; below, excluding the total tax impact of such adjustments and adjustments attributable to the
non-controlling interests. We calculate our adjusted EBITDA by adding back to the net income attributable to the Company&rsquo;s
shareholders the depreciation and amortization, financing expenses, net, taxes on income and the items presented in the reconciliation
table &ldquo;Adjusted EBITDA for the periods of activity&rdquo; below which were adjusted for in calculating the adjusted operating
income and adjusted net income attributable to the Company&rsquo;s shareholders.&nbsp; &nbsp;We calculate our free cash flow as
our cash flows from operating activities net of our purchase of property, plant, equipment and intangible assets, and adding Proceeds
from sale of property, plant and equipment and Dividends from equity-accounted investees during such period as presented in the
reconciliation table under &ldquo;Calculation of free cash flow&rdquo;. </I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify; text-indent: -0.55pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify; text-indent: -0.55pt"><FONT STYLE="font-size: 10pt"><I>You
should not view adjusted operating income, adjusted net income attributable to the Company&rsquo;s shareholders or adjusted EBITDA
as a substitute for operating income or net income attributable to the Company&rsquo;s shareholders determined in accordance with
IFRS, or free cash flow as a substitute for cash flows from operating activities and cash flows used in investing activities,
and you should note that our definitions of adjusted operating income, adjusted net income attributable to the Company&rsquo;s
shareholders, adjusted EBITDA and free cash flow may differ from those used by other companies. However, we believe adjusted operating
income, adjusted net income attributable to the Company&rsquo;s shareholders, adjusted EBITDA and free cash flow provide useful
information to both management and investors by excluding certain expenses that management believes are not indicative of our
ongoing operations. In particular for free cash flow, we adjust our Capex to include any Proceeds from sale of property, plant
and equipment because we believe such amounts offset the impact of our purchase of property, plant, equipment and intangible assets.
We further adjust free cash flow to add Dividends from equity-accounted investees because receipt of such dividends affects our
residual cash flow. Free cash flow does not reflect adjustment for additional items that may impact our residual cash flow for
discretionary expenditures, such as adjustments for charges relating to acquisitions, servicing debt obligations, changes in our
deposit account balances that relate to our investing activities and other non-discretionary expenditures. Our management uses
these non-IFRS measures to evaluate the Company's business strategies and management's performance. We believe that these non-IFRS
measures provide useful information to investors because they improve the comparability of the financial results between periods
and provide for greater transparency of key measures used to evaluate our performance.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify; text-indent: -0.55pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify; text-indent: -0.55pt"><FONT STYLE="font-size: 10pt"><I>We
present a discussion in the period-to-period comparisons of the primary drivers of changes in the Company&rsquo;s results of operations.
This discussion is based in part on management&rsquo;s best estimates of the impact of the main trends in its businesses. We have
based the following discussion on our financial statements. You should read the following discussion together with our financial
statements.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify; text-indent: -0.55pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">Unaudited Condensed
Consolidated Statements of Income</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">(in millions, except per share
data)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">For
        the three-month</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">period
ended</FONT>&nbsp;</P></TD>
    <TD COLSPAN="2" STYLE="border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">For
    the year ended</FONT></TD></TR>
<TR>
    <TD STYLE="width: 52%; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">December
    31, 2017</FONT></TD>
    <TD STYLE="vertical-align: top; width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">December
    31, 2016</FONT></TD>
    <TD STYLE="width: 12%; border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">December
    31, 2017</FONT></TD>
    <TD STYLE="vertical-align: top; width: 12%; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">December
    31, 2016</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$ millions</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 52%; border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Sales</FONT></TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>1,361</B></FONT></TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">1,338</FONT></TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">5,418</FONT></TD>
    <TD STYLE="width: 12%; text-align: center"><FONT STYLE="font-size: 10pt">5,363</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Cost of sales</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: rgb(79,129,189); font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>932</B></FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">922</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">3,746</FONT></TD>
    <TD STYLE="text-align: center; border-right: White 2.25pt solid; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">3,703</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Gross profit</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>429</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">416</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">1,672</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">1,660</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Selling, transport and marketing expenses</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>189</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">191</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">746</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">722</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">General and administrative expenses</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>70</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">80</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">261</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">321</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Research and development expenses</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>15</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">19</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">55</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">73</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Other expenses (income)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>(34)</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">54</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(19)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">547</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Operating income (loss)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>189</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">72</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">629</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(3)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Finance expenses, net</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>25</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">19</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">124</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">132</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Share in earnings (losses) of equity-accounted
    investees</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>(2)</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">18</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Income (loss) before income
    taxes</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>162</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">55</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">505</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(117)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Income taxes</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>13</B></FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">50</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">158</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">55</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Net income (loss)</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 2pt double; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>149</B></FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 2pt double; text-align: center"><FONT STYLE="font-size: 10pt">5</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 2pt double; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">347</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 2pt double; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">(172)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Net loss attributable to the non-controlling interests</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>(6)</B></FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">(27)</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(17)</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">(50)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Net income (loss) attributable
    to the shareholders of the Company</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 2pt double; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>155</B></FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 2pt double; text-align: center"><FONT STYLE="font-size: 10pt">32</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 2pt double; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">364</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 2pt double; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">(122)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Earnings (loss) per share attributable
    to the shareholders of the Company:</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Basic earnings (loss) per share (in cents)</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 2.25pt double; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>12.00</B></FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 2pt double; text-align: center"><FONT STYLE="font-size: 10pt">3.00</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 2.25pt double; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">29.00</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 2pt double; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">(10.00)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Diluted earnings (loss) per share (in cents)</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 2.25pt double; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>12.00</B></FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 2pt double; text-align: center"><FONT STYLE="font-size: 10pt">3.00</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 2.25pt double; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">29.00</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 2pt double; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">(10.00)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Weighted-average number of&nbsp;&nbsp;&nbsp;ordinary
    shares outstanding:</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font: normal 11pt Times New Roman, Times, Serif; background-color: white; text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Basic (in thousands)</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 2.25pt double; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-family: Times New Roman, Times, Serif; font-style: normal"><FONT STYLE="font-size: 10pt"><B>1,277,099</B></FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 2pt double; text-align: center"><FONT STYLE="font-size: 10pt">1,274,195</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 2.25pt double; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">1,276,072</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 2pt double; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">1,273,295</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font: normal 11pt Times New Roman, Times, Serif; background-color: white; text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-size: 10pt">Diluted (in thousands)</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: normal; border-bottom: rgb(79,129,189) 2.25pt double; font-family: Times New Roman, Times, Serif; font-style: normal; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt"><B>1,277,947</B></FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 2pt double; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">1,274,791</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold; border-bottom: rgb(79,129,189) 2.25pt double; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">1,276,997</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; text-align: center; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">1,273,295</FONT></TD></TR>
</TABLE>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">Unaudited Condensed
Consolidated Statements of Financial Position:</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 56%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 22%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">December
    31, 2017</FONT></TD>
    <TD STYLE="width: 22%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">December
    31, 2016</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-size: 11pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 56%; border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Current assets</FONT></TD>
    <TD STYLE="width: 22%; border-right: white 2.25pt solid; background-color: white; text-align: center; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="width: 22%; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Cash and cash equivalents</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: rgb(79,129,189); font-weight: normal; text-decoration: none; font-style: normal"><FONT STYLE="font-size: 10pt"><B>83</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">87</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Short-term investments and deposits</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>90</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">29</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Trade receivables</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>932</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">966</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Inventories</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>1,226</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">1,267</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Assets held for sale</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>169</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">-</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Other receivables</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>225</B></FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">222</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Total current assets</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>2,725</B></FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">2,571</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Non-current assets</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Investments in equity-accounted investees</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>29</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">153</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Financial assets available for sale</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>212</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">253</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Deferred tax assets</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>132</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">150</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Property, plant and equipment</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>4,521</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4,309</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Intangible assets</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>722</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">824</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Other non-current assets</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>373</B></FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">292</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Total non-current assets</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>5,989</B></FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">5,981</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Total assets</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 2.25pt double; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>8,714</B></FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 2.25pt double"><FONT STYLE="font-size: 10pt">8,552</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Current liabilities</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Short-term credit</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>822</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">588</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Trade payables</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>790</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">644</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Provisions</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>78</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">83</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Liabilities held for sale</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>43</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">-</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Other current liabilities</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>595</B></FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">708</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Total current liabilities</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>2,328</B></FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">2,023</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Non-current liabilities</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Long-term debt and debentures</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>2,388</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2,796</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Deferred tax liabilities</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>228</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">303</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Long-term employee provisions</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>640</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">576</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Provisions</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>193</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">185</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Other non-current liabilities</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>7</B></FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">10</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Total non-current liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>3,456</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">3,870</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Total liabilities</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>5,784</B></FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">5,893</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Equity</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Total shareholders&rsquo; equity</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>2,859</B></FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">2,574</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Non-controlling interests</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>71</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">85</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Total equity</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>2,930</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">2,659</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: normal; font-style: normal"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Total
    liabilities and equity</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: normal; border-bottom: rgb(79,129,189) 2.25pt double; font-style: normal"><FONT STYLE="font-size: 10pt"><B>8,714</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2.25pt double; text-align: center"><FONT STYLE="font-size: 10pt">8,552</FONT></TD></TR>
</TABLE>

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<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Unaudited Condensed Consolidated
Statements of Cash Flows:</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">For
    the three-month period ended</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">For
    the year ended</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; width: 60%; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">December
    31, 2017</FONT></TD>
    <TD STYLE="vertical-align: top; width: 10%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">December
    31, 2016</FONT></TD>
    <TD STYLE="width: 10%; border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">December
    31, 2017</FONT></TD>
    <TD STYLE="vertical-align: top; width: 10%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">December
    31, 2016</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$ millions</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 60%; border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Cash flows from
    operating activities</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; background-color: white; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; background-color: white; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Net income (loss)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">149</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">5</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">347</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(172)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Adjustments for:</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Depreciation, amortization and
    impairment</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">118</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">95</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">418</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">406</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Revaluation of balances from financial institutions
    and interest expenses, net</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">27</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">(6)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">137</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">76</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Share in (earnings) losses of equity-accounted
    investees, net</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(18)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Other capital losses (gains), net</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(45)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(54)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">433</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Share-based compensation</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">16</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">15</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">Deferred tax expenses
    (income)</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold; border-bottom: rgb(79,129,189) 1pt solid"><FONT STYLE="font-size: 10pt">(34)</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">112</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">(46)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">(2)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">220</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">209</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">818</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">738</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Change in inventories</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(48)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">56</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">57</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">70</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Change in trade and other receivables</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">61</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">128</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">21</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">150</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Change in trade and other payables</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">38</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">(160)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(45)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(90)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Change in provisions and employee benefits</FONT></TD>
    <TD STYLE="border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">6</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">24</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">98</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Net change in operating assets
    and liabilities</FONT></TD>
    <TD STYLE="border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">57</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">48</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">29</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">228</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Net cash provided by operating
    activities</FONT></TD>
    <TD STYLE="border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">277</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">257</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">847</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">966</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Cash flows from investing activities</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Investments in shares and proceeds from deposits,
    net</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(6)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">20</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(65)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(198)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Purchases of property, plant and equipment and
    intangible assets</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(140)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">(138)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(457)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(632)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Proceeds from divestiture of subsidiaries</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">6</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">17</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Proceeds from sale of equity-accounted investee</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">168</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">168</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">-</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Dividends from equity-accounted investees</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">8</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">12</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Proceeds from sale of property, plant and equipment</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">12</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">-</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Other</FONT></TD>
    <TD STYLE="border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">1</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Net cash provided by (used in)
    investing activities</FONT></TD>
    <TD STYLE="border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">22</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">(109)</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(333)</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">(800)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Cash flows from financing activities</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Dividends paid to the Company's shareholders</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(56)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(237)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(162)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Receipt of long-term debt</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">70</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">40</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">966</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">1,278</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Repayment of long-term debt</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(353)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">(371)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(1,387)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(1,365)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Short-term credit from banks and others, net</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">18</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">117</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">147</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">14</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Other</FONT></TD>
    <TD STYLE="border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">(4)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Net cash used in financing&nbsp;&nbsp;activities</FONT></TD>
    <TD STYLE="border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(321)</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">(216)</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(511)</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">(239)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Net change in cash and cash
    equivalents</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(22)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">(68)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 10pt">(73)</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Cash and cash equivalents as at beginning of the
    period</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">109</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">157</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">87</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">161</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Net effect of currency translation on cash and
    cash equivalents</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(1)</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Cash and cash equivalents included as part of assets
    held for sale</FONT></TD>
    <TD STYLE="border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(5)</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(5)</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">-</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Cash
    and cash equivalents as at the end of the period</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold; border-bottom: rgb(79,129,189) 2.25pt double"><FONT STYLE="font-size: 10pt">83</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 2.25pt double"><FONT STYLE="font-size: 10pt">87</FONT></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold; border-bottom: rgb(79,129,189) 2.25pt double"><FONT STYLE="font-size: 10pt">83</FONT></TD>
    <TD STYLE="border-bottom: Black 2.25pt double; text-align: center"><FONT STYLE="font-size: 10pt">87</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">Additional Information</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">For
    the three-month period ended</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">For
    the year ended</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; width: 56%; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">December
    31, 2017</FONT></TD>
    <TD STYLE="width: 11%; border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">December
    31, 2016</FONT></TD>
    <TD STYLE="width: 11%; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">December 31,</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">2017</FONT></P></TD>
    <TD STYLE="width: 11%; border-left: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">December
    31, 2016</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 56%; border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Income taxes paid, net of tax refunds</FONT></TD>
    <TD STYLE="width: 11%; border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;70</FONT></TD>
    <TD STYLE="width: 11%; border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;4</FONT></TD>
    <TD STYLE="width: 11%; border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;127</FONT></TD>
    <TD STYLE="width: 11%; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;84</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-size: 10pt">Interest paid</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;37</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;35</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;111</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;112</FONT></TD></TR>
</TABLE>

<!-- Field: Page; Sequence: 26; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt; text-align: left; font: normal 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence -->&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Adjustments
to Reported Operating and Net Income</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse; margin-left: 23.85pt">
<TR>
    <TD STYLE="width: 56%; border-top: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">10-12/2017</FONT></TD>
    <TD STYLE="width: 11%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">10-12/2016</FONT></TD>
    <TD STYLE="vertical-align: top; width: 11%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">1-12/2017</FONT></TD>
    <TD STYLE="vertical-align: top; width: 11%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">1-12/2016</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$ millions</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse; margin-left: 23.85pt">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 56%; font-weight: bold"><FONT STYLE="font-size: 10pt">Operating income (loss)</FONT></TD>
    <TD STYLE="width: 11%; border-right: white 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">189&nbsp;</FONT></P></TD>
    <TD STYLE="width: 11%; border-right: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">72&nbsp;</FONT></P></TD>
    <TD STYLE="width: 11%; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">629&nbsp;</FONT></P></TD>
    <TD STYLE="width: 11%; border-left: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">(3)&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">Capital (gain) loss (1)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(48)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(54)</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">Write-down and impairment of assets (2)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">14</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">32</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">489</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">Provision for early retirement and dismissal of employees (3)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">5</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">13</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">20</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">39</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">Provision in respect of prior periods resulting from an arbitration decision (4)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">6</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">Retroactive electricity charges (5)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(6)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(6)</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(16)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">Provision for legal claims (6)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">14</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">25</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">8</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">Provision for historical waste removal (7)</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">-</FONT>&nbsp;</P></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">51</FONT></P></TD>
    <TD STYLE="background-color: white; border-bottom: rgb(79,129,189) 1pt solid; border-right: White 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">-&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">51</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">Total adjustments to operating income (loss)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">(21)&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">68</FONT></P></TD>
    <TD STYLE="background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">23&nbsp;</FONT></P></TD>
    <TD STYLE="border-left: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">585</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">Adjusted operating income</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">168&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">140</FONT></P></TD>
    <TD STYLE="background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">652&nbsp;</FONT></P></TD>
    <TD STYLE="border-left: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">582</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">Net income (loss) attributable to the shareholders of the Company</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">155&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">32</FONT></P></TD>
    <TD STYLE="background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">364&nbsp;</FONT></P></TD>
    <TD STYLE="border-left: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">(122)</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">Total adjustments to operating income (loss)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(21)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">68</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">23</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">585</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">Adjustments to finance expenses (8)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">12</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">38</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">Total tax impact of the above operating income &amp; finance expenses adjustments</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">5</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(15)</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(81)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">Tax assessment and deferred tax adjustments (9)</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">6</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">22</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">6</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">36</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">Adjustments attributable to the non-controlling interests</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">-&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">(5)</FONT></P></TD>
    <TD STYLE="background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">-</FONT></P></TD>
    <TD STYLE="border-left: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">(5)</FONT></P></TD></TR>
<TR>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Total adjusted net income -
    shareholders of the Company</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">142&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">114</FONT>&nbsp;</P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">389</FONT></P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">451</FONT></P></TD></TR>
</TABLE>
<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-size: 10pt">In
                                         Q4 2017, capital gain from IDE divestiture, in the amount of $41 million and capital gain from
                                         deconsolidation of Allana Afar in Ethiopia, in the amount of $7 million. In 2017, additional
                                         consideration received regarding earn-out of 2015 divestitures in the amount of $6 million.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-size: 10pt">In
                                         Q4 2017, an impairment of assets in China and the Netherlands, in the amounts of $11
                                         million and $3 million, respectively. In 2017, an impairment of an intangible asset in
                                         Spain, in the amount of $14 million and write-down of an investment in Namibia in the
                                         amount of $4 million. In 2016, with respect to write-down of assets (including closure
                                         cost relating to the global ERP project (Harmonization Project), in the amount of $282
                                         million, write down of assets relating to discontinuance of the activities of Allana
                                         Afar in Ethiopia (including expected closure cost), in the amount of $202 million, and
                                         impairment in the value of assets of a subsidiary in the United Kingdom, in the amount
                                         of $5 million.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">(3)</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-size: 10pt">Provision </FONT>
for early retirement and dismissal of employees in accordance with the Company&rsquo;s comprehensive global efficiency plan in
its production facilities throughout the group. In 2017, provisions relating to the Company&rsquo;s facilities in Israel at ICL
Rotem and in Q4 2017, provisions related to subsidiaries in North America (Everris NA Inc.) and Europe (Everris International
B.V and BK Giulini GMBH). In 2016, provisions relating to the Company's Bromine facilities in Israel and in Q4 2016 provisions
mostly relating to the Company&rsquo;s facilities in the United Kingdom (Cleveland Potash Ltd.) and the joint venture in China
(reflected also in the non-controlling interests&rsquo; adjustment below).</P>
<FONT STYLE="font-size: 10pt"></FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">(4)</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-size: 10pt">Provision
                                         in connection with prior periods in respect of royalties' arbitration in Israel.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">(5)</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-size: 10pt">Reversal
                                         of a provision in connection with prior periods in respect of costs of management services
                                         of the electricity system in DSW and ICL Rotem.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">(6)</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-size: 10pt">In
                                         Q4 2017, provisions for legal claims for damages related to the contamination of the water in certain wells at
the Suria site in Spain, in the amount of $12 million, and settlement of the dispute with Great Lakes (a subsidiary of Chemtura
Corporation), in the amount of $2 million. In 2017, provisions for legal claims relating to a dispute with the National Company
for Roads in Israel regarding damage caused to bridges by DSW, in the amount of $6 million and to a dispute with the European Commission
concerning past grants received by a subsidiary in Spain, in the amount of $5 million. In 2016, provisions mainly regarding two
claims settled in 2016 related to prior periods deriving from the settlement agreement that ended the class action brought by the
farmers in Israel regarding potash prices, and provisions deriving mainly from the commercial price dispute with Haifa Chemicals
which ended with the arbitration award agreement.</P>

<P STYLE="margin: 0pt 0"></FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">(7)</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-size: 10pt">Provision
                                         for purification and removal of historical waste from the potash sites in Spain as a
                                         result of decisions made by the Spanish authorities in connection with the plan for treating
                                         the salt pile in the Sallent site leading to changes in the plans mainly related to the
                                         water pumping process involved in the salt treatment.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">(8)</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-size: 10pt">Interest
                                         and linkage expenses in connection with the royalties' arbitration and tax assessments
                                         in Israel and Belgium, and a dispute of a subsidiary in Spain with the European Commission,
                                         all relating to prior periods. In Q4 2017, an income of $3 million in connection with
                                         the Belgium tax dispute resolution. In 2017, $3 million related to a dispute of a Spanish
                                         subsidiary with the European Commission (see also footnote no.6 above). In 2016,
                                         $26 million in connection with the royalties' arbitration and $12 million relating to
                                         a tax assessment in Israel.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">(9)</FONT></TD><TD STYLE="text-align: justify; padding-right: 14.2pt"><FONT STYLE="font-size: 10pt">In
                                         Q4 2017, internal transaction in preparation of non-core businesses divestitures, resulting in tax liabilities
of $31 million and resolution of the Belgium tax dispute resulting in tax income of $25 million. It should be noted that the capital
gain from divestment of the fire safety and oil additives businesses will be adjusted in 2018, subject to the closing of the deal.
In 2016, tax assessments in Israel and Belgium relating to prior periods.</P>

<P STYLE="margin: 0pt 0"></FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">Calculation of
Adjusted EBITDA:</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 48%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid"></TD>
    <TD STYLE="width: 13%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">10-12/2017</FONT></TD>
    <TD STYLE="width: 13%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">10-12/2016</FONT></TD>
    <TD STYLE="width: 13%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">1-12/2017</FONT></TD>
    <TD STYLE="width: 13%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">1-12/2016</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$ millions</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 48%; border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Net income (loss) attributable to the
    shareholders of the Company</FONT></TD>
    <TD STYLE="width: 13%; border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;155</FONT></TD>
    <TD STYLE="width: 13%; border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;32</FONT></TD>
    <TD STYLE="width: 13%; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;364</FONT></TD>
    <TD STYLE="width: 13%; border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;(122)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Depreciation and amortization</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;104</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;95</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;390</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;401</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Financing expenses, net</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;25</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;19</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;124</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;132</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Taxes on income</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;13</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;50</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;158</FONT></TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;55</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Adjustments *</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">(21)</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">68</FONT></P></TD>
    <TD STYLE="background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">23</FONT></P></TD>
    <TD STYLE="border-left: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">585</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-size: 10pt">Total
    adjusted EBITDA</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">276</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">264</FONT></P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">1,059</FONT></P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">1,051</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><FONT STYLE="font-size: 10pt">*
See &quot;Adjustments to reported operating and net income&quot; above.</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">Calculation of
free cash flow*:</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 52%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid"></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">10-12/2017</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">10-12/2016</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">1-12/2017</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">1-12/</FONT><FONT STYLE="font-size: 10pt">2016&nbsp;</FONT></P></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$
    millions</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$
    millions</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">$ millions<FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; width: 52%; border-right: white 2.25pt solid; padding-left: 5.65pt; text-align: left; text-indent: -5.65pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Cash
    flows from operating activities</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-right: white 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">277</FONT></P></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-right: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">257</FONT></P></TD>
    <TD STYLE="vertical-align: top; width: 12%; border-right: white 2.25pt solid"><DIV STYLE="padding: 0in 0in 1pt; border-bottom: Black 1.5pt double"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">847</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
</DIV></TD>
    <TD STYLE="vertical-align: top; width: 12%; border-right: white 2.25pt solid"><DIV STYLE="padding: 0in 0in 1pt; border-bottom: Black 1.5pt double"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">966</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
</DIV></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; layout-grid-mode: char"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Purchase
    of property, plant, equipment and intangible assets</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">(140)</FONT></P>
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">(138)</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="vertical-align: top; border-right: White 2.25pt solid; border-bottom: Black 1pt solid"><DIV STYLE="padding: 0in 0in 1pt; border-bottom: Black 0.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">(457)</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
</DIV></TD>
    <TD STYLE="vertical-align: top; border-right: white 2.25pt solid"><DIV STYLE="padding: 0in 0in 1pt; border-bottom: Black 0.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">(632)</FONT></P>
</DIV></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; layout-grid-mode: char"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Proceeds
    from the sale of property, plant and equipment </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">-</FONT></P>
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">-</FONT></P></TD>
    <TD STYLE="vertical-align: top; border-right: White 2.25pt solid; border-bottom: Black 1pt solid"><DIV STYLE="padding: 0in 0in 1pt; border-bottom: Black 0.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">12</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
</DIV></TD>
    <TD STYLE="vertical-align: top; border-right: White 2.25pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; layout-grid-mode: char"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dividends
    from equity-accounted investees</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">-</FONT></P>
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">8</FONT></P></TD>
    <TD STYLE="vertical-align: top; border-right: white 2.25pt solid"><DIV STYLE="padding: 0in 0in 1pt; border-bottom: Black 0.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">3</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
</DIV></TD>
    <TD STYLE="vertical-align: top; border-right: white 2.25pt solid"><DIV STYLE="padding: 0in 0in 1pt; border-bottom: Black 0.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">12</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
</DIV></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Free
    cash flow</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">137</FONT></P></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">127</FONT></P></TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">405</FONT></P></TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">346</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt; font-weight: normal"><I>*The
items above present the amounts as shown in the condensed consolidated statements of cash flow to the Company&rsquo;s financial
statements as at December 31, 2017.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt; font-weight: normal"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt; font-weight: normal"><I></I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><B>Operating income by business lines ($ millions):
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD NOWRAP STYLE="width: 64%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold">2017</TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold">2016</TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">2015</TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 64%; border-right: white 2.25pt solid">Potash &amp; Magnesium</TD>
    <TD STYLE="width: 12%; background-color: white; text-align: center; color: #4F81BD; font-weight: bold">282</TD>
    <TD STYLE="width: 12%; border-left: white 2.25pt solid; text-align: center">282</TD>
    <TD STYLE="width: 12%; border-left: white 2.25pt solid; text-align: center">637</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Phosphate</TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold">23</TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center">60</TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center">187</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Specialty Fertilizers</TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold">56</TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center">55</TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center">63</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Eliminations </TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold">(2)</TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center">1</TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center">(2)</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: white 2.25pt solid"><B>Essential Minerals segment operating income</B></TD>
    <TD STYLE="border-bottom: white 2.25pt solid; background-color: white; text-align: center; color: #4F81BD; font-weight: bold">359</TD>
    <TD STYLE="border-bottom: white 2.25pt solid; border-left: white 2.25pt solid; text-align: center">398</TD>
    <TD STYLE="border-bottom: white 2.25pt solid; border-left: white 2.25pt solid; text-align: center">885</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Industrial Products</TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold">303</TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center">286</TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center">225</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Advanced Additives</TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold">201</TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center">163</TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center">154</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Food Specialties</TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold">51</TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center">84</TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center">72</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Eliminations </TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold">(1)</TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center">1</TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center">-</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><B>Specialty Solutions segment operating income</B></TD>
    <TD STYLE="background-color: white; text-align: center; color: #4F81BD; font-weight: bold">554</TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center">534</TD>
    <TD STYLE="border-left: white 2.25pt solid; text-align: center">451</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Other activities</TD>
    <TD STYLE="background-color: white">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: #4F81BD 0.5pt solid">1&nbsp;</P></TD>
    <TD STYLE="border-left: white 2.25pt solid">
        <P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">5&nbsp;</P></TD>
    <TD STYLE="border-left: white 2.25pt solid">
        <P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">16&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-weight: bold">Operating income attributed to segment</TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; background-color: white">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: #4F81BD 1.5pt double">914&nbsp;</P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 1.5pt double">937&nbsp;</P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 1.5pt double">1,352&nbsp;</P></TD></TR>
</TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt; font-weight: normal"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">Sales by Main
Countries:</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">10-12/2017</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">10-12/2016</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">1-12/2017</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">1-12/2016</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="width: 40%; border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%; border-bottom: #4F81BD 1pt solid; border-right: white 1.5pt solid; background-color: white"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">$</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">millions</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="width: 7%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">%
        of</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">sales</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="width: 8%; border-left: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">$&nbsp;</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">millions</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="width: 7%; border-left: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">%
of</FONT>&nbsp;</P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">sales</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="width: 8%; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">$</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">millions</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="width: 7%; border-left: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">%
of</FONT>&nbsp;</P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">sales</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="width: 8%; border-left: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">$</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">millions</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="width: 7%; border-left: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">%
        of</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">sales</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD></TR>
<TR>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 36%; border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">USA</FONT></TD>
    <TD STYLE="width: 8%; border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;241</FONT></TD>
    <TD STYLE="width: 8%; border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;18</FONT></TD>
    <TD STYLE="width: 8%; text-align: right; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;240</FONT></TD>
    <TD STYLE="width: 8%; border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;18</FONT></TD>
    <TD STYLE="width: 8%; border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;1,091</FONT></TD>
    <TD STYLE="width: 8%; border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;20</FONT></TD>
    <TD STYLE="width: 8%; border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;1,070</FONT></TD>
    <TD STYLE="width: 8%; border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;20</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">China</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;213</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;16</FONT></TD>
    <TD STYLE="text-align: right; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;261</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;20</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;724</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;13</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;669</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;12</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Brazil</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;144</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;11</FONT></TD>
    <TD STYLE="text-align: right; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;135</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;10</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;594</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;11</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;521</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;10</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Germany</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;94</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;7</FONT></TD>
    <TD STYLE="text-align: right; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;83</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;6</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;378</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;7</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;392</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;7</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">United Kingdom</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;83</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;6</FONT></TD>
    <TD STYLE="text-align: right; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;58</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;4</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;328</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;6</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;306</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;6</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">India</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;68</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;5</FONT></TD>
    <TD STYLE="text-align: right; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;31</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;2</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;200</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;4</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;199</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;4</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">France</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;67</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;5</FONT></TD>
    <TD STYLE="text-align: right; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;47</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;4</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;265</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;5</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;226</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;4</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Spain</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;64</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;5</FONT></TD>
    <TD STYLE="text-align: right; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;59</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;4</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;264</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;5</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;258</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;5</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Israel</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;41</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;3</FONT></TD>
    <TD STYLE="text-align: right; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;62</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;5</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;171</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;3</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;237</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;4</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Italy</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;32</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;2</FONT></TD>
    <TD STYLE="text-align: right; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;31</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;2</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;121</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;2</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;122</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;2</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">All other</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">314</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">22</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">331</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">25</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">1,282</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">24</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">1,363</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">26</FONT></P></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Total</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">1,361</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">100</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">1,338</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">100</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">5,418</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; border-bottom: #4F81BD 1.5pt double; text-align: right"><FONT STYLE="font-size: 10pt">100</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">5,363</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">100</FONT></P></TD></TR>
</TABLE>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">Sales by Geographical
Regions:</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 92%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">10-12/2017</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">10-12/2016</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; background-color: white; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">1-12/2017</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">1-12/2016</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="width: 40%; border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%; border-bottom: #4F81BD 1pt solid; border-right: white 1.5pt solid; background-color: white"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">$</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">millions</FONT>&nbsp;</P></TD>
    <TD NOWRAP STYLE="width: 8%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">%
        of</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">sales</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="width: 8%; border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">$</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">millions</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="width: 6%; border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">%
        of</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">sales</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="width: 8%; border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid; background-color: white"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">$</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">millions</FONT>&nbsp;</P></TD>
    <TD STYLE="width: 6%; border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid; background-color: white"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">%
        of</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">sales</FONT>&nbsp;</P></TD>
    <TD STYLE="width: 8%; border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">$</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">millions</FONT>&nbsp;</P></TD>
    <TD NOWRAP STYLE="width: 8%; border-bottom: #4F81BD 1pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">%
        of</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">sales</FONT>&nbsp;</P></TD></TR>
<TR>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 92%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 36%; border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Europe</FONT></TD>
    <TD STYLE="width: 8%; border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;465</FONT></TD>
    <TD STYLE="width: 8%; border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">34</FONT></TD>
    <TD STYLE="width: 8%; text-align: right; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;387</FONT></TD>
    <TD STYLE="width: 8%; border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">29</FONT></TD>
    <TD STYLE="width: 8%; border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;1,918</FONT></TD>
    <TD STYLE="width: 8%; border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">35</FONT></TD>
    <TD STYLE="width: 8%; border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;1,863</FONT></TD>
    <TD STYLE="width: 8%; border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">35</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Asia</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;396</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">29</FONT></TD>
    <TD STYLE="text-align: right; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;391</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">29</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;1,342</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">25</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;1,275</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">24</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">North America</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;260</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">19</FONT></TD>
    <TD STYLE="text-align: right; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;262</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">20</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;1,175</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">22</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;1,141</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">South America</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;160</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">12</FONT></TD>
    <TD STYLE="text-align: right; border-right: White 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;152</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">11</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;666</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">12</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;588</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Rest of the world</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">80</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">6</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">146</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">11</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">317</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">6</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">496</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">9</FONT></P></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">Total</FONT></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">1,361</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">100</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">1,338</FONT></P></TD>
    <TD STYLE="border-right: White 2.25pt solid; border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">100</FONT></P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; background-color: white; border-right: White 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">5,418</FONT></P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-right: White 2.25pt solid; background-color: white"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">100</FONT></P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-right: White 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">5,363</FONT></P></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-right: White 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">100</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt"><FONT STYLE="font-size: 10pt"><B><U>Europe
</U></B>&ndash; the increase compared to the corresponding quarter last year derives mainly from an increase in the quantities
sold of phosphate fertilizers, bromine-based industrial products and specialty agriculture, together with an increase in potash
selling prices.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt"><FONT STYLE="font-size: 10pt"><B><U>Asia</U></B>&ndash;
stable sales compared to the corresponding quarter last year. An increase in the quantities sold of phosphoric acid, bromine-based
flame retardants, acids and specialty agriculture products, together with an increase in potash selling prices, were partly offset
by a decrease in phosphate fertilizers quantities sold.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt"><FONT STYLE="font-size: 10pt"><B><U>North
America</U></B> &ndash; stable sales compared to the corresponding quarter last year. A decrease in the sale quantities of potash
and clear brines solutions was offset by an increase in the sale quantities of fire-safety and P4 products.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt"><FONT STYLE="font-size: 10pt"><B><U>South
America</U></B> &ndash; the increase derives mainly from an increase in potash selling prices.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt"><FONT STYLE="font-size: 10pt"><B><U>Rest of
the world</U></B> &ndash; the decrease derives mainly from a decrease in dairy protein products and potash quantities sold.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">Results of operations
for the period January &ndash; December 2017:</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 92%; border-collapse: collapse">
<TR>
    <TD NOWRAP STYLE="width: 56%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 11%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">Sales</TD>
    <TD STYLE="width: 11%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">Expenses</TD>
    <TD STYLE="width: 13%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">Operating income</TD>
    <TD NOWRAP STYLE="width: 9%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">&nbsp;</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">$ millions</TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold">YTD 2016 figures</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold">&nbsp;5,363</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold">&nbsp;(5,366)</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold">&nbsp;(3)</TD>
    <TD STYLE="text-align: right; color: #4F81BD; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid">Total adjustments YTD 2016 *</TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid">-&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid">585&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid">585&nbsp;</P></TD>
    <TD STYLE="text-align: right; font-size: 11pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold">Adjusted YTD 2016 figures</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold">&nbsp;5,363</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold">&nbsp;(4,781)</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold">&nbsp;582</TD>
    <TD STYLE="text-align: right; color: #4F81BD; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid">Quantity</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;52</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(1)</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;51</TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="up.jpg" ALT="">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid">Price</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(6)</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">-</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(6)</TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="down.gif" ALT="">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid">Exchange rate</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;9</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(56)</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(47)</TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="down.gif" ALT="" STYLE="width: 18px; height: 19px">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid">Raw materials</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">-</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;25</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;25</TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="up.jpg" ALT="">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid">Energy</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">-</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(21)</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(21)</TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="down.gif" ALT="">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid">Transportation</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">-</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(12)</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(12)</TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="down.gif" ALT="">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid">Operating and other expenses</TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid">-&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid">80&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid">80&nbsp;</P></TD>
    <TD STYLE="text-align: center; vertical-align: bottom">
<IMG SRC="up.jpg" ALT=""><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: #4F81BD 0.5pt solid; width: 100%">1</DIV></DIV><!-- Field: /Rule-Page --></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold">Adjusted YTD 2017 figures</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold">&nbsp;5,418</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold">&nbsp;(4,766)</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold">&nbsp;652</TD>
    <TD STYLE="text-align: right; color: #4F81BD; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid">Total adjustments YTD 2017 *</TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid">-</P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid">23</P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid">23</P></TD>
    <TD>
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: #4F81BD 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-weight: bold">YTD 2017 figures</TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double">5,418</P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double">(4,789)</P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double">629</P></TD>
    <TD STYLE="text-align: right; font-size: 11pt">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify"><FONT STYLE="font-size: 10pt">*
See &quot;Adjustments to reported operating and net income&quot; above.</FONT></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 28.35pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">Specialty Solutions
segment: results of operations for the period January &ndash; December 2017</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 92%; border-collapse: collapse">
<TR>
    <TD NOWRAP STYLE="width: 31%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold">Sales analysis</TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">Industrial Products</TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">Advanced Additives</TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">Food Specialties</TD>
    <TD STYLE="width: 9%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">Setoff</TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">Segment Total</TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; text-align: center; font-weight: bold">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">$ millions</TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">&nbsp;</TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 92%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 31%; border-right: white 2.25pt solid; font-weight: bold">Total sales YTD 2016</TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold">&nbsp;1,120</TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold">&nbsp;798</TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold">&nbsp;659</TD>
    <TD STYLE="width: 9%; border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold">&nbsp;(24)</TD>
    <TD STYLE="width: 12%; border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold">&nbsp;2,553</TD>
    <TD STYLE="width: 12%; text-align: right; color: #4F81BD; font-weight: bold">&nbsp;</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Quantity</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;57</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;85</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(67)</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;7</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;82</TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="up.jpg" ALT=""></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Price</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;12</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(7)</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(1)</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">-</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;4</TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="up.jpg" ALT=""></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Exchange rate</TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="color: #4F81BD; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: #4F81BD 0.5pt solid; text-align: right"><FONT STYLE="font-weight: normal">4</FONT>&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="color: #4F81BD; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: #4F81BD 0.5pt solid; text-align: right"><FONT STYLE="font-weight: normal">1</FONT>&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="color: #4F81BD; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: #4F81BD 0.5pt solid; text-align: right"><FONT STYLE="font-weight: normal">5</FONT>&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="color: #4F81BD; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: #4F81BD 0.5pt solid; text-align: right"><FONT STYLE="font-weight: normal">1</FONT>&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="color: #4F81BD; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: #4F81BD 0.5pt solid; text-align: right"><FONT STYLE="font-weight: normal">11</FONT>&nbsp;</P></TD>
    <TD STYLE="text-align: center">
<IMG SRC="up.jpg" ALT=""><!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: #4F81BD 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-weight: bold">Total sales YTD 2017</TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double">1,193&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double">877&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double">596&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double">(16)&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double">2,650&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #4F81BD 1pt solid; text-align: justify">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 92%; border-collapse: collapse">
<TR>
    <TD NOWRAP STYLE="width: 72%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: left; font-weight: bold">Operating income attributable to the segment analysis</TD>
    <TD STYLE="width: 14%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">$ millions</TD>
    <TD NOWRAP STYLE="width: 14%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">&nbsp;</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold">Total operating income YTD 2016</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold">&nbsp;534</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Quantity</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;52</TD>
    <TD STYLE="text-align: center"><IMG SRC="up.jpg" ALT=""></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Price</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;4</TD>
    <TD STYLE="text-align: center"><IMG SRC="up.jpg" ALT="" STYLE="width: 24px; height: 25px"></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Exchange rate</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(15)</TD>
    <TD STYLE="text-align: center"><IMG SRC="down.gif" ALT=""></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Raw materials</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;19</TD>
    <TD STYLE="text-align: center"><IMG SRC="up.jpg" ALT=""></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Energy</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(2)</TD>
    <TD STYLE="text-align: center"><IMG SRC="down.gif" ALT=""></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Transportation</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(1)</TD>
    <TD STYLE="text-align: center"><IMG SRC="down.gif" ALT=""></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Operating and other (expenses) income</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: center">
        <P STYLE="color: #4F81BD; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: #4F81BD 0.5pt solid; text-align: right"><FONT STYLE="font-weight: normal">(37)</FONT></P></TD>
    <TD STYLE="text-align: center">
<!-- Field: Rule-Page --><DIV STYLE="text-align: center; margin-top: 1pt; margin-bottom: 1pt"><IMG SRC="down.gif" ALT=""><DIV STYLE="font-size: 1pt; border-top: #4F81BD 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-weight: bold">Total operating income YTD 2017</TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double">554</P></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt"><IMG SRC="header.gif" ALT="">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">Essential Minerals
Segment: results of operations for the period January &ndash; December 2017:</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 92%; border-collapse: collapse">
<TR>
    <TD NOWRAP STYLE="width: 31%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: justify; font-weight: bold">Sales analysis</TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">Potash &amp; Magnesium</TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: center; font-weight: bold">Phosphate</TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: center; font-weight: bold">Specialty Fertilizers</TD>
    <TD STYLE="width: 9%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: center; font-weight: bold">Setoff</TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: center; font-weight: bold">Segment Total</TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-left: white 2.25pt solid; text-align: center; font-weight: bold">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">$ millions</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 14.2pt 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 92%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 31%; border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Total
    sales YTD 2016</B></FONT></TD>
    <TD STYLE="width: 11%; border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD"><B>&nbsp;1,338</B></FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD"><B>&nbsp;1,163</B></FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD"><B>&nbsp;661</B></FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD"><B>&nbsp;(126)</B></FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD"><B>&nbsp;3,036</B></FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Quantity</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;(73)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;46</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;8</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;(18)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_006.gif" ALT="" STYLE="height: 19px; width: 18px"></FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Price</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;41</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;(37)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;(12)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;(1)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #4F81BD">&nbsp;(9)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_006.gif" ALT="" STYLE="height: 19px; width: 18px"></FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exchange
    rate</FONT></TD>
    <TD STYLE="border-bottom: rgb(79,129,189) 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">3&nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right; color: #4F81BD"></P></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(79,129,189) 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">(1)</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right; color: #4F81BD"></P></TD>
    <TD></TD>
    <TD STYLE="border-bottom: rgb(79,129,189) 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">(3)</FONT></P></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(79,129,189) 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right; color: #4F81BD"><FONT STYLE="font-family: Times New Roman, Times, Serif">-&nbsp;</FONT></P></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: rgb(79,129,189) 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: rgb(79,129,189)">(1)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; color: rgb(79,129,189)">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_006.gif" ALT="" STYLE="height: 19px; width: 18px"></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Total
    sales YTD 2017</B></FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right; color: #4F81BD; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>1,383&nbsp;</B></FONT></P></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right; color: #4F81BD; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>1,052&nbsp;</B></FONT></P></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right; color: #4F81BD; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>692&nbsp;</B></FONT></P></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right; color: #4F81BD; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>(119)&nbsp;</B></FONT></P></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right; color: #4F81BD; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>3,008&nbsp;</B></FONT></P></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>


<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 92%; border-collapse: collapse">
<TR>
    <TD NOWRAP STYLE="width: 72%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: left; font-weight: bold">Operating income attributable to the segment analysis</TD>
    <TD STYLE="width: 14%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$ millions</FONT></TD>
    <TD NOWRAP STYLE="width: 14%; border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">&nbsp;</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; font-weight: bold">Total operating income YTD 2016</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold">&nbsp;398</TD>
    <TD STYLE="text-align: center; color: #4F81BD; font-weight: bold">&nbsp;</TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Quantity</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;7</TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="up.jpg" ALT="" STYLE="width: 24px; height: 25px"></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Price</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(9)</TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="down.gif" ALT=""></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Exchange rate</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(31)</TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="down.gif" ALT=""></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Raw materials</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;6</TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="up.jpg" ALT="" STYLE="width: 24px; height: 25px"></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Energy</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(19)</TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="down.gif" ALT=""></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid">Transportation</TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD">&nbsp;(11)</TD>
    <TD STYLE="text-align: center; color: #4F81BD"><IMG SRC="down.gif" ALT=""></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid">Operating and other (expenses) income</TD>
    <TD STYLE="border-right: white 2.25pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid">18&nbsp;</P></TD>
    <TD STYLE="text-align: center">
<IMG SRC="up.jpg" ALT="" STYLE="width: 24px; height: 25px"><!-- Field: Rule-Page --><DIV STYLE="text-align: center; margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: #4F81BD 0.5pt solid; width: 100%; text-align: center">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-weight: bold">Total operating income YTD 2017</TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double">359&nbsp;</P></TD>
    <TD STYLE="text-align: center; font-size: 11pt">&nbsp;</TD></TR>
</TABLE>


<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Divested Businesses Sales
and Operating Income (Fire Safety and oil Additives):</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 92%; border-collapse: collapse">
<TR>
    <TD NOWRAP STYLE="width: 52%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold">2017</TD>
    <TD STYLE="vertical-align: top; width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold">2016</TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; background-color: white; text-align: center; font-weight: bold">2015</TD>
    <TD STYLE="width: 12%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold">2014</TD></TR>
<TR>
    <TD NOWRAP STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; text-align: center; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="border-right: White 2.25pt solid; border-bottom: rgb(79,129,189) 1pt solid; background-color: white; text-align: center; font-weight: bold">$ millions</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 92%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; width: 52%; border-right: white 2.25pt solid; font-size: 10pt">Sales</TD>
    <TD STYLE="vertical-align: bottom; width: 12%; background-color: white; text-align: right; font-size: 10pt; color: #4F81BD; font-weight: bold">309</TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-left: white 2.25pt solid; text-align: right; font-size: 10pt">&nbsp;245</TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-left: white 2.25pt solid; text-align: right; font-size: 10pt">226</TD>
    <TD STYLE="vertical-align: top; width: 12%; border-left: white 2.25pt solid; text-align: right; font-size: 10pt">197</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; font-size: 10pt">Operating income</TD>
    <TD STYLE="vertical-align: bottom; background-color: white">
        <P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid">116</P></TD>
    <TD STYLE="vertical-align: bottom; border-left: white 2.25pt solid">
        <P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">79</P></TD>
    <TD STYLE="vertical-align: bottom; border-left: white 2.25pt solid">
        <P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">64</P></TD>
    <TD STYLE="vertical-align: top; border-left: white 2.25pt solid">
        <P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">51</P></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Operating
Segment Data:</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>




<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 49%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">Specialty
    Solutions Segment</FONT></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Essential</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Minerals
        Segment</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Other</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Activities</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">Eliminations</FONT></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">Consolidated</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%; border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">For the three-month
    period ended December 31, 2017</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; padding-left: 0.5in; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; padding-left: 0.5in; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; padding-left: 0.5in; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; padding-left: 0.5in; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Sales to external parties</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;633</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;718</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;10</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;1,361</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Inter-segment sales</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">18</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">62</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">-</FONT>&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">(80)&nbsp;</FONT></P></TD>
    <TD><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">-&nbsp;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Total sales</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">651</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">780</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">10&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">(80)&nbsp;</FONT></P></TD>
    <TD><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">1,361</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Operating income attributable to the segments</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">114</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">124</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">-</FONT>&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;238</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">General and administrative expenses</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;(70)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Other income not allocated to segments and intercompany
    eliminations</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">21</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Operating income</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">189</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Financing expenses, net</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;(25)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Share in losses of equity-accounted investee</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">(2)</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Income before taxes on income</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">162</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Capital expenditures</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;34</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;152</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">186</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Total capital expenditures</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">186</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Depreciation and amortization</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;28</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;75</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;1</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;104</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Depreciation and amortization not allocated</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">14</FONT></P></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-size: 10pt">Total depreciation
    and amortization</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">118</FONT></P></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" HSPACE="0" VSPACE="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 50%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">Specialty
    Solutions Segment</FONT></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">Essential
    Minerals Segment</FONT></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Other</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Activities</FONT></P></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">Eliminations</FONT></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">Consolidated</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%; border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">For the three-month
    period ended December 31, 2016</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; padding-left: 0.5in; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; padding-left: 0.5in; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; padding-left: 0.5in; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; padding-left: 0.5in; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 0.5in; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Sales to external parties</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;586</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;741</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;11</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;1,338</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Inter-segment sales</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">15</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">59</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">(73)</FONT>&nbsp;</P></TD>
    <TD><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">-&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Total sales</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">601</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">800</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">10</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">(73)&nbsp;</FONT></P></TD>
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">1,338&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Operating income attributable to the segments</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">121</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">103</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">-&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;224</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">General and administrative expenses</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;(80)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Other expenses not allocated to segments and intercompany
    eliminations</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">(72)</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Operating income</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">72&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Financing expenses, net</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;(19)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Share in earnings of equity-accounted investee</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">2&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Income before taxes on income</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">55&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Capital expenditures</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;28</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;107</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;135</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Capital expenditures not allocated</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">1&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Total capital expenditures</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">136&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Depreciation and amortization</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;24</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;69</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;1</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;94</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Depreciation and amortization not allocated</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></P></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-size: 10pt">Total depreciation
    and amortization</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">95</FONT></P></TD></TR>
</TABLE>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 50%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Specialty
Solutions</FONT>&nbsp;</P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Segment</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Essential</FONT>&nbsp;</P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Minerals</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Segment</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Other</FONT>&nbsp;</P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Activities&nbsp;</FONT></P></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">Eliminations</FONT></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">Consolidated</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%; border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">For the year ended
    December 31, 2017</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; padding-left: 0.5in; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; padding-left: 0.5in; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; padding-left: 0.5in; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; padding-left: 0.5in; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Sales to external parties</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;2,588</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;2,789</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;41</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;5,418</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Inter-segment sales</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">62</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">219</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">2</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">(283)</FONT>&nbsp;</P></TD>
    <TD><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">-&nbsp;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Total sales</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">2,650</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">3,008</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">43</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">(283)&nbsp;</FONT></P></TD>
    <TD><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">5,418</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Operating income attributable to the segments</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">554</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">359</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">1</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;914</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">General and administrative expenses</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;(261)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Other expenses not allocated to segments and intercompany
    eliminations</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">(24)</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Operating income</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">629</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Financing expenses, net</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; color: #4F81BD; font-weight: bold; border-bottom: rgb(79,129,189) 1pt solid"><FONT STYLE="font-size: 10pt">&nbsp;(124)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Income before taxes on income</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(79,129,189) 2.25pt double"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">505</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Capital expenditures</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">80</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">423</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">504</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Capital expenditures not allocated</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">3</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Total capital expenditures</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">507</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Depreciation and amortization</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;111</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;274</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;3</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;388</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Depreciation and amortization not allocated</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right; color: #4F81BD; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 0.5pt solid"><FONT STYLE="font-size: 10pt">30</FONT></P></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-size: 10pt">Total depreciation
    and amortization</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><P STYLE="color: #4F81BD; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: #4F81BD 1.5pt double"><FONT STYLE="font-size: 10pt">418</FONT></P></TD></TR>
</TABLE>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 49%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">Specialty
    Solutions Segment</FONT></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Essential</FONT>&nbsp;</P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Minerals
        Segment</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Other&nbsp;</FONT></P>
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Activities</FONT>&nbsp;</P></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; border-right: white 2.25pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">Eliminations</FONT></TD>
    <TD STYLE="width: 10%; border-top: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">Consolidated</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="border-top: #4F81BD 1pt solid; border-bottom: #4F81BD 1pt solid; text-align: center; font-weight: bold"><FONT STYLE="font-size: 10pt">$
    millions</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%; border-right: white 2.25pt solid; font-weight: bold"><FONT STYLE="font-size: 10pt">For the year ended
    December 31, 2016</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-right: white 2.25pt solid; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; padding-left: 0.5in; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; padding-left: 0.5in; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; padding-left: 0.5in; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; padding-left: 0.5in; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 0.5in; font-size: 11pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Sales to external parties</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;2,493</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;2,811</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;59</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;5,363</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Inter-segment sales</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">60</FONT>&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">225</FONT>&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">-</FONT>&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">(285)</FONT>&nbsp;</P></TD>
    <TD><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">-&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Total sales</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">2,553</FONT>&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">3,036</FONT>&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">59</FONT>&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">(285)</FONT>&nbsp;</P></TD>
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">5,363&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Operating income attributable to the segments</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">534</FONT>&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">398</FONT>&nbsp;</P></TD>
    <TD STYLE="border-right: white 2.25pt solid"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">5&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;937</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">General and administrative expenses</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;(321)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Other expenses not allocated to segments and intercompany
    eliminations</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">(619)&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Operating loss</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">(3)&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Financing expenses, net</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;(132)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Share in earnings of equity-accounted investee</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">18&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Loss before taxes on income</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">(117)&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Capital expenditures</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;95</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;497</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;1</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;593</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Capital expenditures not allocated</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">59&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Total capital expenditures</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">652&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Depreciation and amortization</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;106</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;292</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;3</FONT></TD>
    <TD STYLE="border-right: white 2.25pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;401</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid"><FONT STYLE="font-size: 10pt">Depreciation and amortization not allocated</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom"><P STYLE="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">5&nbsp;</FONT></P></TD></TR>
<TR>
    <TD STYLE="border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid"><FONT STYLE="font-size: 10pt">Total depreciation
    and amortization</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: white 2.25pt solid; border-bottom: #4F81BD 1pt solid; font-size: 11pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #4F81BD 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><FONT STYLE="font-size: 10pt">406&nbsp;</FONT></P></TD></TR>
</TABLE>



























































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<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 3pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>SIGNATURE</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><B>Israel Chemicals Ltd.</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">/s/
    Kobi Altman</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 7%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 27%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 49%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Kobi Altman</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><B>Israel Chemicals Ltd.</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">/s/
    Lisa Haimovitz</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 7%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 27%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 49%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Lisa Haimovitz</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Senior Vice President, Global General Counsel
    and Corporate Secretary</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">Date:
February 14, 2018</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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