9.05.2003 ET

(CSRwire) SASKATOON, SASKATCHUWAN - Potash Corporation of Saskatchewan Inc. (PotashCorp) today began distribution of its newly published Sustainability Report – Conducting Today’s Business With Tomorrow In Mind. The document is the first sustainability report produced by a North American fertilizer company and addresses the Company’s current economic, social and environmental performance. It also identifies targets for improvement, defines PotashCorp’s “Core Values” and reports on measures taken to ensure transparency in all areas of business and social conduct.

The 92-page report was prepared using guidelines established by the United Nations sanctioned Global Reporting Initiative, and independent organization that has set the international standards for sustainability reporting. The book can be viewed online at www.potashcorp.com.

“The long-term future of our company – of any company – is directly affected by the relationships we have with our employees, communities, customers, investors, suppliers and host governments,” said PotashCorp President and Chief Executive Officer Bill Doyle. “We believe that trust and transparency are the foundations that give those relationships strength. This report offers our stakeholders – and even our critics – a full view of our performance in areas that are important to all of us.”

The report is part of PotashCorp’s best-practice approach to business. Although this level of reporting is not required, the Company believes that providing information and measuring performance are the best routes to success and future growth. The report will be updated annually.

PotashCorp is the world’s largest fertilizer enterprise producing the three primary plant nutrients and a leading supplier to three distinct market categories: agriculture, with the largest capacity in the world in potash, fourth largest in phosphate and third largest in nitrogen; animal nutrition, with the world’s largest capacity in phosphate feed ingredients; and industrial chemicals, as the largest global producer of industrial nitrogen products and one of only three North American suppliers of industrial phosphates.

For more information please contact: