Potash Corporation of Saskatchewan Inc. submitted a written proposal to K+S Aktiengesellschaft for the acquisition of all shares

Potash Corporation of Saskatchewan Inc. has informed the Board of Executive Directors and the Supervisory Board of K+S Aktiengesellschaft that Potash Corporation of Saskatchewan Inc. may decide, depending on certain conditions, including a due diligence exercise, to offer to the shareholders of the company the acquisition of all outstanding shares by way of public takeover offer.

K+S is currently assessing the available options; this process is still ongoing.