Agrium Settles Potash Claim

Agrium Settles Potash Claim 
CALGARY, ALBERTA -- (Marketwire) -- 01/30/13 -- Agrium Inc. (TSX:AGU)
(NYSE:AGU) today announced that it has tentatively settled all claims
brought by a purported class of direct and indirect purchaser
plaintiffs who alleged that Agrium's and other defendants' pricing of
potash violated United States antitrust laws. The settlement is
subject to court approval. 
Agrium and the other defendants deny all allegations of wrongdoing,
liability, or damage to any of the plaintiffs or putative classes in
the action, deny that they engaged in any violation of law or breach
of duty, and believe they acted properly at all times. This
settlement avoids legal costs and the distractions associated with
protracted litigation. Agrium will pay a total of USD$10-million to
settle the claims and will thereby be released from any liability in
connection with those claims. 
About Agrium 
Agrium Inc. is a major Retail supplier of agricultural products and
services in North America, South America and Australia and a leading
global Wholesale producer and marketer of all three major
agricultural nutrients and the premier supplier of specialty
fertilizers in North America through our Advanced Technologies
business unit. Agrium's strategy is to grow across the value chain
through acquisition, incremental expansion of its existing operations
and through the development, commercialization and marketing of new
products and international opportunities. Our strategy places
particular emphasis on growth opportunities that both increase and
stabilize our earnings profile in the continuing transformation of
Agrium.
Contacts:
Agrium Inc.
Richard Downey
Vice President, Investor/Corporate Relations
(403) 225-7357 
Agrium Inc.
Todd Coakwell
Director, Investor Relations
(403) 225-7437 
Agrium Inc.
Mark Thompson
Analyst, Investor Relations
(403) 225-7761