OCI N.V.

Capital/Financing Update • Nov 18, 2016

Press Release

Amsterdam, The Netherlands / 17 November, 2016

OCI N.V. Announces \$660 Million Financing Facilities with Final Maturity 2020 to Replace and Upsize Existing \$550 Million RCF

OCI N.V. (Euronext: OCI) today announced the signing of new debt facilities of \$660 million, available for drawing in US\$ and/or Euro, at the holding company level, which will replace and upsize the existing \$550 million Revolving Credit Facility ("RCF") due July 2017. Surplus proceeds will be added to the Group's existing liquidity of c.\$300 million.

The financing package comprises a \$370 million RCF and a \$290 million Term Loan Facility Tranche, denominated in an equivalent Euro amount. The first repayment starts in January 2019, with final maturity of July 2020. The Company intends to draw all funds under this facility in Euros. Pricing on Euro-denominated loans starts at EURIBOR + 375 basis points on a leverage grid basis.

The facility has been jointly coordinated by Crédit Agricole CIB and Rabobank as Bookrunning Mandated Lead Arrangers and Joint Coordinators; Bank of America Merrill Lynch, Barclays Bank, Citibank and HSBC acted as Bookrunning Mandated Lead Arrangers; and Garanti Bank and Société Générale as Mandated Lead Arrangers. Bank of America Merrill Lynch also acted as Facility and Security Agent.

OCI N.V. has also launched a proposal with OCI Beaumont's Term Loan B lenders to reduce third party debt at OCI Beaumont by US\$200 million and reset covenants. In addition, Egyptian Fertilizer Company (EFC), our Egyptian urea operation, has agreed with its lenders to waive all covenants until maturity of its facilities in 2019.

Salman Butt, Chief Financial Officer of OCI N.V., said: "We are very pleased with the refinancing and upsizing arrangement. As a result of these new facilities and measures, we would have no significant debt maturities until late 2018. We expect a step-up in operating cash flow, as a result of our growth capital expenditure coming to an end, the imminent start-up of Iowa Fertilizer Company and higher product volumes from our operations in Egypt. These arrangements therefore set the stage for us to focus on our expected rapid deleveraging, with the objective to achieve investment grade ratings by 2018."

Press Release

About OCI N.V.

OCI N.V. (Euronext: OCI) is a global producer and distributor of natural gas-based fertilizers & industrial chemicals based in the Netherlands. OCI produces nitrogen fertilizers, methanol and other natural gas based products, serving agricultural and industrial customers from the Americas to Asia. OCI ranks among the world's largest nitrogen fertilizer producers, and can produce more than 8.4 million metric tons of nitrogen fertilizers and industrial chemicals at production facilities in the Netherlands, the United States, Egypt and Algeria. OCI is listed on Euronext in Amsterdam.

For additional information contact:

OCI N.V. Investor Relations Department:

Hans Zayed Director Email: hans.zayed@oci.nl

Tel: +31 (0) 6 18 251 367

For additional information on OCI:

www.oci.nl

OCI stock symbols: OCI / OCI.NA / OCI.AS / OCINY

Honthorststraat 19 1071 DC Amsterdam The Netherlands