Phibro Animal Health Corporation Declares Quarterly Dividend TEANECK, N.J.

Phibro Animal Health Corporation Declares Quarterly Dividend

TEANECK, N.J., November 7, 2016

(GLOBE NEWSWIRE) - The Board of Directors of Phibro Animal Health Corporation (Nasdaq:PAHC) today declared a quarterly

cash dividend of $0.10 per share on its Class A common stock and Class B common stock, payable on December 21, 2016, to stockholders

of record at the close of business on November 30, 2016.

About Phibro Animal Health Corporation

Phibro Animal Health Corporation is a diversified global developer,

manufacturer and marketer of a broad range of animal health and mineral nutrition products for use in the production of poultry,

swine, cattle, dairy and aquaculture. For further information, please visit www.pahc.com.

Chief Financial Officer, Phibro Animal