Saskatoon, Saskatchewan – Potash Corporation of Saskatchewan Inc. (PotashCorp) today announced that the people of Saskatchewan met the company’s challenge to raise $1 million for Saskatchewan’s food banks during the holiday season. The food banks have now reported their receipts and the total far exceeds $1 million. 

(L to R): PCS Potash President Garth Moore and Saskatoon Tribal Council Tribal Chief Felix Thomas

Key Quarter and Outlook Highlights:

Potash Corporation of Saskatchewan Inc. (PotashCorp) announced today that its Board of Directors has approved an increase of the company's quarterly cash dividend (from $0.07 per share to $0.14 per share), and declared a quarterly cash dividend of US $0.14 per common share payable May 3, 2012 to shareholders of record on April 12, 2012.

The winter 2012 edition of Agriviews takes an in-depth look at the common use of anhydrous ammonia as form of nitrogen for soil. As part of the article, PotashCorp provides tips for managing preplant anhydrous ammonia applications. Additionally, Al Mulhall, the company’s senior director of market research, writes about the potash market and how the need for food is greater than economic concerns. As always, the latest edition of Agriviews includes sample pages from the latest market analysis report.

Market Data graphs available at potashcorp.com were updated today to include the latest market information from December 2011. You can access the monthly market data below:

The employees of Patience Lake Division achieved 7 years without a lost time accident on December 28, 2011.

This issue of Field Reports presents the results of PotashCorp’s 2011 customer survey, revealing customers’ top concerns. The Winter Field Reports highlights HAZMAT railcar training at Marseilles, the return of Pigskin Pick’em, the impact of local purchasing and the use of new equipment at Aurora. In addition to presenting the market factors that affect your business, this issue also includes articles on strong crop prices in the US farm sector and customer mine tours. Field Reports is published by PotashCorp. Questions or comments about Field Reports should be directed to customer service at (800) 654-4514.

(L to R): Garth Moore, President – PCS Potash, PotashCorp; Jamie Fortune, A/Chief Executive Officer, Ducks Unlimited Canada; Peter Carton, Past President, Ducks Unlimited Canada and Mel Henry, Reeve of the RM of Corman Park.

Lee Knafelc, PotashCorp's Vice President, Human Resources and Administration, provides an update on the company's Aboriginal Strategy and the steps we have to taken to engage the First Nations and Métis communities and workforce.