Stull, Stull & Brody Announces Investigation On Behalf Of Shareholders Of Terra Industries Inc.

Attorney Advertising. Notice is hereby given that Stull, Stull & Brody has commenced an investigation on behalf of shareholders of the common stock of Terra Industries Inc. (“Terra” or the “Company”) (NYSE: TRA) for possible breaches of fiduciary duty and other violations of state law by the Company’s Board of Directors (the “Board”) in connection with an agreement by the Board to sell all of the Company’s outstanding common shares to Yara International ASA (“Yara”) in a cash transaction valued at approximately $4.1 billion or $41.10 per common share.

The current investigation concerns the price to be paid to Terra shareholders and the process by which the Board is addressing the transaction. Upon completion of the proposed transaction, Terra will become a wholly-owned subsidiary of Yara and will be called Yara North America. Terra’s current President and Chief Executive Officer will be appointed President of Yara North America. The proposed transaction is expected to close by the end of the second quarter 2010.

If you own the common stock of Terra and wish to obtain additional information about this matter, please contact Aaron Brody, Esq. at Stull, Stull & Brody by calling 1-800-337-4983 or 1-212-687-7230, or by email to [e-mail] or by writing to Stull, Stull & Brody, 6 East 45 ^th Street, New York, NY 10017. Stull, Stull & Brody has litigated many class actions for violations of securities laws and breaches of fiduciary duty on behalf of defrauded investors over the past 40 years and has obtained court approval of substantial settlements on numerous occasions. Stull, Stull & Brody has offices in New York and Los Angeles. Additional information about Stull, Stull & Brody can be found at the firm’s website at www.ssbny.com.

Attorney advertising. Prior results do not guarantee a similar outcome.

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