PotashCorp's long-term success is directly linked to the strength of our partnerships with the stakeholders in our company. We strive to develop and maintain healthy, respectful and mutually beneficial relationships with our customers and suppliers, knowing these will help all of us achieve our goals.

In any partnership, it's important to have a clear understanding of each other's expectations. To that end, I'm pleased to provide you with this guide to PotashCorp's Statement of Core Values and Code of Business Conduct. It outlines the values that are important to our company and the qualities we look for in our business partners.

It is my hope that you will review this material and work alongside us in maintaining the highest standards for integrity and safety.


Sincerely,

William J. Doyle
President and Chief Executive Officer