Office of the Company Secretary

ABN 42 004 080 264

ASX ANNOUNCEMENT - 19 OCTOBER 2016

Registered Office:

Level 8, 28 Freshwater Place

Southbank Victoria 3006 Australia

Tel: +61 3 8695 4400

Fax: +61 3 8695 4419

www.incitecpivot.com.au

IPL announces completion of performance testing and handover of Waggaman Louisiana ammonia plant

Incitec Pivot Limited (ASX: IPL) today announced the successful completion of the performance testing process for its ammonia plant at Waggaman, Louisiana.

IPL will take over management and operation of the ammonia plant on 19 October (US time). The project remains within the original budget of US$850 million.

The ammonia plant is expected to operate at an average of around 80 percent of capacity over the coming twelve months as it ramps up to full annual production rates.

Background

IPL's ammonia plant has a nameplate capacity of 800,000 metric tonnes of ammonia per year and is located on the existing Cornerstone Chemical Company complex in Waggaman, Louisiana.

Daniella Pereira Company Secretary ------------------------------- About Incitec Pivot Further Information: Investors: Charles McGill

Vice President, Investor Relations & Corporate Development

T (Australia): +61 3 8695 4559

T (US): +1 877 895 2882

M: +61 457 575 390

E: charles.mcgill@incitecpivot.com.au

Media: Stewart Murrihy Chief Communications Officer

T: +61 3 8695 4582 M: + 61 418 121 064

E: stewart.murrihy@incitecpivot.com.au

Incitec Pivot Limited published this content on 19 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 October 2016 23:13:04 UTC.

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