CF Industries Holdings, Inc. Declares Fourth Quarter Dividend; Dividend Payable December 1, 2008 to Stockholders of Record November 14, 2008

CF Industries Holdings, Inc. (NYSE: CF) today reported that its Board of Directors has declared a $0.10 per share dividend on its common stock for the fourth quarter. The dividend will be payable on December 1, 2008 to stockholders of record as of November 14, 2008.

CF Industries Holdings, Inc., headquartered in Deerfield, Illinois, is the holding company for the operations of CF Industries, Inc. CF Industries, Inc. is a major producer and distributor of nitrogen and phosphate fertilizer products. CF Industries operates world-scale nitrogen fertilizer plants in Donaldsonville, Louisiana and Medicine Hat, Alberta, 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. Additional information on CF Industries is found on the companys website at www.cfindustries.com.

Contacts:

CF Industries Holdings, Inc.
Charles A. Nekvasil
Director, Public and Investor Relations
847-405-2515 - CNekvasil@cfindustries.com

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