CSR Press Release

PotashCorp Releases 2008 Sustainability Report - More per acre

Saskatoon, Saskatchewan - Potash Corporation of Saskatchewan Inc. (PotashCorp) today released its 2008 Sustainability Report, updating the company's social, economic and environmental performance. The report, "More per acre... the sustainable solution", seeks to focus attention on the long-term issue of global food production, which has been overshadowed by current economic conditions.

"We've got to focus on long-term growth, not short-term slowdowns, because as the world's population continues to grow, the need to produce more food per acre will be increasingly difficult to ignore," said PotashCorp President and Chief Executive Officer Bill Doyle. "Keeping true to far-sighted strategies that serve all our stakeholders in the long run is exactly what our business, and our sustainability program, is all about."

The 2008 report provides details of the economic impact of PotashCorp's operations, its contributions to local community, its safety record and environmental stewardship. Among the highlights are:

• investment in production capacity expansion in Saskatchewan that will create more than 14,500 direct and indirect jobs,
  
• establishment of a Model Farm in Trinidad and Tobago to teach state-of-the-art agricultural techniques,
  
• acceptance to the Dow Jones Sustainability Index for North America,
  
• more than $6.6 million in donations to local communities,
  
• all employees becoming eligible for bonuses
  
• 1,000-percent increase in capital spent on environmental initiatives over four years.

The complete report, including historical data built around Global Reporting Initiative recommendations, is available at www.potashcorp2008SR.com (or can be accessed at www.potashcorp.com). A 36-page Summary Sustainability Report is also available for download or can be requested through PotashCorp's offices in Saskatoon, SK or Northbrook, IL.

Potash Corporation of Saskatchewan Inc. is the world's largest fertilizer enterprise by capacity 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 and third largest in phosphate and 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 the world's largest capacity for production of purified industrial phosphoric acid.

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