Sociedad Quimica y Minera de Chile S.A. News

SQM Files its 2007 Annual Report on Form 20-F With the U.S. Securities and Exchange Commission

SANTIAGO, Chile, June 27 PRNewswire-FirstCall — Sociedad Quimica y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) announced today that it has filed its 2007 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission. The Form 20-F is available on the Company's Web site, at http://www.sqm.com .

Hard copies of the Company's complete audited financial statements can also be requested by the Company's ADR holders, free of charge, by contacting the Company via telephone (562-425-2485), e-mail (patricio.vargas@sqm.com or carolyn.mckenzie@sqm.com), or by writing to the following address:

El Trovador 4285, Piso 6, Las Condes, Santiago, Chile

SQM is an integrated producer and distributor of specialty plant nutrients, iodine and lithium. Its products are based on the development of high quality natural resources that allow the Company to be a leader in costs, supported by a specialized international network with sales in over 100 countries. SQM's development strategy aims to maintain and strengthen the Company's world leadership in its three core businesses: Specialty Plant Nutrition, Iodine and Lithium.

For further information, contact: Patricio Vargas, 56-2-4252274 / patricio.vargas@sqm.com Carolyn McKenzie, 56-2-4252074 / carolyn.mckenzie@sqm.com

Statements in this press release concerning the Company's business outlook, future economic performances, anticipated profitability, revenues, expenses, or other financial items, anticipated cost synergies and product or service line growth, together with other statements that are not historical facts, are "forward-looking statements" as that term is defined under Federal Securities Laws.

Any forward-looking statements are estimates, reflecting the best judgment of SQM based on currently available information, and involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those stated in such statements. Risks, uncertainties, and factors that could affect the accuracy of such forward-looking statements are identified in the public filing made with the Securities and Exchange Commission, and forward-looking statements should be considered in light of those factors.

SOURCE SQM

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