Sanders and Dillon Accept New Positions with CF Industries

CF Industries Holdings, Inc. (NYSE: CF) today announced that Richard S. Sanders Jr. has been appointed vice president, manufacturing integration and Edward J. Dillon has been appointed senior director, corporate development.

In his new position, Sanders will lead the integration of manufacturing operations acquired in CF Industries’ business combination with Terra Industries Inc. (NYSE: TRA) and will report to W. Anthony Will, vice president, manufacturing and distribution. Prior to accepting this appointment, Sanders served as vice president, manufacturing of Terra Industries since August 2003 and vice president, manufacturing of Terra Nitrogen GP, Inc. (TNGP) (or its predecessor), the General Partner of Terra Nitrogen Company, L.P. (NYSE: TNH) (TNCLP), since October 2003. He was plant manager of Terra Nitrogen’s Verdigris, Oklahoma manufacturing facility from 1995 to August 2003.

“Richard has earned great respect in the industry and among his new colleagues at CF Industries. His wealth of experience in both nitrogen and phosphate operations and his track record of success in running Terra’s manufacturing organization make him uniquely qualified to lead our manufacturing integration,” said Stephen R. Wilson, chairman, president and chief executive officer of CF Industries.

Sanders earned a B.S. in Chemical Engineering from Louisiana State University in Baton Rouge in 1980 and worked as a production engineer for Agrico before assuming management responsibilities.

In his new position, Dillon will be responsible for initiating and pursuing business development initiatives in support of CF Industries’ long-term strategy and will report to Lynn F. White, vice president, corporate development. Dillon currently serves as co-lead for the company’s finance integration team and will phase in his new responsibilities in corporate development as integration progress allows. Prior to accepting his appointment at CF Industries, he served as vice president and controller of Terra Industries since November 2008 and vice president of TNGP since April 2009. Previously, he held a variety of finance positions at Arthur Andersen LLP, the General Electric Company and Koch Industries, Inc.

Wilson also commented that, “We are delighted to welcome Ed to his important role in the integration and long-term development of our business. His financial acumen and experience in helping to maximize profitability in a number of business settings will be invaluable in our corporate development efforts.”

Dillon earned a B.S. in Accounting from Boston College in 1990 and is a Certified Public Accountant.

About CF Industries

CF Industries Holdings, Inc., headquartered in Deerfield, Illinois, is the holding company for the operations of CF Industries, Inc. CF Industries is a global leader in nitrogen and phosphate fertilizer manufacturing and distribution, serving both agricultural and industrial customers. CF Industries operates world-class nitrogen fertilizer manufacturing complexes in the central U.S. region and 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. In addition, the company’s majority-owned subsidiary, Terra Industries, owns a 50 percent stake in GrowHow UK Limited, a fertilizer manufacturer in the United Kingdom as well as a 50 percent interest in an ammonia facility in The Republic of Trinidad and Tobago. Additional information on CF Industries is found on the company's website at www.cfindustries.com.