OCI N.V.

Capital/Financing Update • Mar 23, 2018

Press Release

Amsterdam, The Netherlands / 23 March 2018

OCI N.V. Announces Optional Redemption of its €339 Million 3.875% Convertible Bonds (ISIN: XS0974154550)

OCI N.V. today informed holders that on 8 May 2018 (the Optional Redemption Date) it intends to exercise its option to redeem all of the outstanding €339,000,000 3.875% Convertible Bonds due 2018 (the Bonds), currently constituting €15,500,000 in aggregate principal amount, in accordance with Condition 7(b)(ii) (Redemption at the Option of the Issuer).

The Bonds will be redeemed at their aggregate principal amount together with accrued but unpaid interest up to (but excluding) the Optional Redemption Date.

Application will also be made for the listing and trading of the Bonds on the Freiverkehr segment of the Frankfurt Stock Exchange to be cancelled immediately following such redemption.

This announcement contains inside information for the purposes of the EU Market Abuse Regulation (EU) 596/2014. In accordance with the above and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Hassan Badrawi, Chief Financial Officer of OCI N.V.

THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF HOLDERS. IF HOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD SEEK THEIR OWN FINANCIAL AND LEGAL ADVICE

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 is a leading global nitrogen fertilizer producer with over 9.6 million metric tons of capacity. OCI is also on track to become one of the world's largest methanol producers with almost 3.7 million tons of capacity. 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