OCI N.V.

Capital/Financing Update • Aug 19, 2016

Press Release

Amsterdam, The Netherlands / 18 August, 2016

OCI N.V. Announces Completion of €550M Financing Facilities for OCI Nitrogen

OCI N.V. (Euronext: OCI) today announced that its subsidiary OCI Nitrogen ('OCIN') in The Netherlands has successfully concluded the refinancing and upsizing of its outstanding debt with €550 million of term loans and revolving credit facilities. OCIN intends to use the net proceeds to refinance €300 million of debt and provide the remaining proceeds to its parent company, OCI N.V.

The financing package comprises a €250 million term loan facility A ('TLA'), a €250 million term loan facility B ('TLB') and a €50 million revolving credit facility ('RCF'). The TLA is amortized over five years and the TLB will be repaid on the maturity date in 2021. The weighted average opening margin is 4.23% over EURIBOR.

Rabobank and Crédit Agricole CIB acted as joint global coordinators, mandated lead arrangers and book runners for the fund-raising and VTB Bank, BNP Paribas and HSBC acted as mandated lead arrangers. The lending group includes seven banks that are lenders under OCIN's existing facility, as well as ten new lenders to OCIN.

In addition to the OCIN refinancing, OCI N.V. received proceeds totalling c.\$300 million in May and August 2016 following the Natgasoline tax exempt bond issuance and the Natgasoline subscription agreement with Proman. These funds, together with the recently received \$150 million break-up fee, have been used to repay c.\$400 million of shortterm facilities at the holding company level.

The total proceeds of almost \$1.1 billion from these fund-raisings and refinancing have been utilized to reduce OCI N.V.'s debt, settling short-term obligations, and to provide financing for on-going expansion projects in the United States.

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