Potash Corporation of Saskatchewan Inc. (PotashCorp) today reported 2008 third-quarter earnings of $3.93 per share1 ($1.24 billion), a five-fold increase over the $0.75 per share ($243.1 million) earned in the same period last year. This exceeded the $3.40 per share ($1.1 billion) earned in the full-year 2007. Fueled by significantly higher prices for all our potash, nitrogen and phosphate products, gross margin for the third quarter grew to a record $1.7 billion, up from $475.1 million in the third quarter of 2007. Year-to-date earnings reached $8.45 per share ($2.7 billion) and gross margin grew to $4.0 billion, substantially ahead of the $2.25 per share ($726.8 million) and $1.3 billion in gross margin in last year's first nine months.

Potash Corporation of Saskatchewan Inc. (PotashCorp) today reported record second-quarter earnings of $2.82 per share1 ($905.1 million), a 220 percent increase over the $0.88 per share ($285.7 million) earned in last year's second quarter. This represents the highest quarterly earnings in company history – 62 percent above the record $1.74 per share ($566.0 million) set in first-quarter 2008 – and reflects rising global fertilizer demand and the impact of significantly higher prices for potash, nitrogen and phosphate products. Record quarterly gross margin of $1.4 billion was up 187 percent from the $501.4 million generated in the second quarter of 2007, with all three nutrients making record contributions. Earnings for the first six months of 2008 were $4.54 per share ($1.5 billion), more than triple the $1.50 per share ($483.7 million) earned in the first half of last year and higher than the record $3.40 per share ($1.1 billion) earned for the full year 2007. First-half gross margin reached $2.3 billion, compared to $871.1 million in the first six months of 2007, and has already exceeded the record full-year total of $1.9 billion set last year.

Potash Corporation of Saskatchewan Inc. (PotashCorp) announced today that Canpotex Limited (Canpotex), the offshore marketing company for Saskatchewan potash producers, and Sinofert Holdings Limited (Sinofert), a leading fertilizer enterprise in the People's Republic of China (PRC), have reached agreement on 2008 potash pricing at US $400 per tonne higher than in 2007. As previously reported, Canpotex has prorated China's 2008 volumes and, as a result of the timing of this settlement and unprecedented demand in other markets, has only 1 million tonnes that it can commit to Sinofert through the remainder of this year.

Potash Corporation of Saskatchewan Inc. (PotashCorp) today announced fourth-quarter earnings of $1.16 per share1, a 100-percent increase over the same period last year and the highest quarterly earnings in company history. This raised 2007 earnings to $3.40 per share, 72 percent higher than the $1.98 per share of 2006, marking the fourth consecutive year of record earnings. Net income for the quarter reached $376.8 million, more than double the $186.0 million reported for last year's fourth quarter and raising full-year net income to a record $1.1 billion compared to $631.8 million in 2006.