PotashCorp Increases Dividend by 33 Percent

                 PotashCorp Increases Dividend by 33 Percent

PR Newswire

SASKATOON, SK, Jan. 30, 2013

Listed: TSX, NYSE
Symbol: POT

SASKATOON, SK, Jan. 30, 2013 /PRNewswire/ - 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 $0.21 per share to
$0.28 per share), and declared a quarterly cash dividend of US $0.28 per
common share payable May 2, 2013 to shareholders of record on April 11, 2013.

"This change marks the fourth - and more than 700 percent cumulative -
increase in our dividend since the beginning of 2011" said PotashCorp
President and Chief Executive Officer Bill Doyle. "We are excited by the
potential of our company, particularly as our potash expansion program nears
completion. Our board and management team's decision to further enhance our
dividend reflects the confidence we have in our ability to generate strong
cash flow in the years ahead."


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.

This release contains forward-looking statements or forward-looking
information (forward-looking statements). These statements can be identified
by expressions of belief, expectation or intention, as well as those
statements that are not historical fact. These statements are based on certain
factors and assumptions including with respect to foreign exchange rates,
expected growth, results of operations, performance, business prospects and
opportunities and effective tax rates. While the company considers these
factors and assumptions to be reasonable based on information currently
available, they may prove to be incorrect. Several factors could cause actual
results to differ materially from those expressed in the forward-looking
statements, including, but not limited to: variations from our assumptions
with respect to foreign exchange rates, expected growth, results of
operations, performance, business prospects and opportunities, and effective
tax rates; fluctuations in supply and demand in the fertilizer, sulfur,
transportation and petrochemical markets; costs and availability of
transportation and distribution for our raw materials and products, including
railcars and ocean freight; changes in competitive pressures, including
pricing pressures; adverse or uncertain economic conditions and changes in
credit and financial markets; the results of sales contract negotiations with
major markets; the European sovereign debt crisis and the recent downgrade of
US sovereign debt and political concern over budgetary matters; timing and
impact of capital expenditures; risks associated with natural gas and other
hedging activities; changes in capital markets and corresponding effects on
the company's investments; unexpected or adverse weather conditions; changes
in currency and exchange rates; unexpected geological or environmental
conditions, including water inflow; imprecision in reserve estimates; adverse
developments in new and pending legal proceedings or government
investigations; acquisitions we may undertake; strikes or other forms of work
stoppage or slowdowns; changes in and the effects of, government policies and
regulations; security risks related to our information technology systems and
earnings, exchange rates and the decisions of taxing authorities, all of which
could affect our effective tax rates. Additional risks and uncertainties can
be found in our Form 10-K for the fiscal year ended December 31, 2011 under
the captions "Forward-Looking Statements" and "Item 1A - Risk Factors" and in
our other filings with the US Securities and Exchange Commission and the
Canadian provincial securities commissions. Forward-looking statements are
given only as at the date of this release and the company disclaims any
obligation to update or revise the forward-looking statements, whether as a
result of new information, future events or otherwise, except as required by

SOURCE Potash Corporation of Saskatchewan Inc.


Denita Stann
Vice President, Investor and Public Relations
Phone: (306) 933-8521

Bill Johnson
Senior Director, Public Affairs
Phone: (306) 933-8849

Web Site:www.potashcorp.com
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