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The Arab Potash Company Limited A Public Shareholding

The Arab Potash Company LimitedA Public ShareholdingThis report for the year Ended December 31, 2003and is presented to the General Assembly in is annual meeting held in Amman June 2004 His Majesty King Abdullah II Bin Al-HusseinHis Royal Highness Prince Hamzeh Bin Al-Hussein7 ARAB Potash COMPANYThe Board of DirectorsLetter from the ChairmanThe report of the Board of Directors The International Potash Market1- International Potash Consumption2- World Production 3- Potash International PricesCompany s Activities1- Production2- Potash Sales 3- MarketingMain Financial IndicatorsThe Company s Projects 1- Salt Mushroom Removal2- Industrial Potash 3- Rehabilitation of Dike (19) 4- Production Expansion 5- Rehabilitation of Dike No. (18) 6- Privatization Subsidiaries & Affiliates 1 - Jordan Safi Salt Company (under liquidation)2- Numeira Mixed Salts & Mud Company3- Jordan Magnesia Company4- Kemira Arab Potash Company5-Jordan Bromine Company6-Jordan Dead Sea Industries Company (JODICO)7- Nippon Jordan Fertilizers AffairsEmployees, Training and HousingAdministrative RestructuringThe Local CommunityConsolidated Financial Statements 1- Capital2.

The Arab Potash Company Limited A Public Shareholding This report for the year Ended December 31, 2003 and is presented to the General Assembly in is annual

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