OREANDA-NEWS. October 17, 2012. Potash Corporation of Saskatchewan Inc. (PotashCorp) today announced earnings guidance for full-year 2012 will fall below the low end of the previous range of USD 2.80-USD 3.20 per share provided in July 2012. The change primarily reflects lower than forecasted potash sales volumes due to delays in new contracts with buyers in China and India. Earnings for third-quarter 2012 are expected to be at the low-end of the USD 0.70-USD 0.90 per share guidance range previously provided.

Additional discussion around third-quarter results, as well as full-year guidance will be addressed in our third-quarter news release and conference call on October 25, 2012.

Notes
1.     All references to per-share amounts pertain to diluted net income per share.

PotashCorp is the world’s largest crop nutrient company and plays an integral role in global food production. The company produces the three essential nutrients required to help farmers grow healthier, more abundant crops. With global population rising and diets improving in developing countries, these nutrients offer a responsible and practical solution to meeting the long-term demand for food. PotashCorp is the largest producer, by capacity, of potash and third largest producer of nitrogen and phosphate. While agriculture is its primary market, the company also produces products for animal nutrition and industrial uses. Common shares of Potash Corporation of Saskatchewan Inc. are listed on the Toronto Stock Exchange and the New York Stock Exchange.