CF Industries Confirms Ammonia Release at Pine Bend Terminal.

DEERFIELD, Ill. -- CF Industries Holdings, Inc. (NYSE: CF) tonight confirmed that a fatal release of anhydrous ammonia occurred during loading operations at its ammonia terminal at Pine Bend, Minnesota.

"Tragically, one truck driver was injured fatally and another was taken to an area hospital with undetermined injuries," said Brian Spencer, General Manager of Distribution Facilities for CF Industries. "Our thoughts are with the injured driver and the affected families."

The released ammonia has dissipated and did not present a hazard to the community. Company personnel are cooperating with local officials and have begun a full investigation.

About CF Industries Holdings, Inc.

CF Industries Holdings, Inc., headquartered in Deerfield, Illinois, is the holding company for the operations of CF Industries, Inc. CF Industries, Inc. is a major producer and distributor of nitrogen and phosphate fertilizer products. CF Industries operates world-scale nitrogen fertilizer plants in Donaldsonville, Louisiana and Medicine Hat, Alberta, Canada; conducts phosphate mining and manufacturing operations in Central Florida; and distributes fertilizer products through a system of terminals, warehouses, and associated transportation equipment located primarily in the midwestern United States. The company also owns a 50 percent interest in KEYTRADE AG, a global fertilizer trading organization headquartered near Zurich, Switzerland. Additional information about the company and its performance can be found on its Web site at www.cfindustries.com.