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Potashcorp Risk Management Ranking Methodology

	Extreme: Initiate risk management activities immediately to reduce risk. If such activities cannot sufficiently reduce risk level, consider discontinuation of the applicable business operation in order to avoid the risk.
	Major: Initiate risk management activities at next available opportunity to reduce risk. If such activities cannot sufficiently reduce risk level, board approval is required to confirm acceptance of this major risk level.
	Acceptable: Level of risk is acceptable within tolerances of the current Risk Management Policy. No additional risk management activities required.
	Low: Monitor risk according to Risk Management Policy requirements, but no additional risk management activities required.
	Negligible: Consider discontinuing any related risk management activities in order to direct resources to higher-value activities, providing such discontinuance does not adversely affect any other risk areas.