DAVID W. DIBB, PRESIDENT OF POTASH & PHOSPHATE INSTITUTE, TO RETIRE

DAVID W. DIBB, PRESIDENT OF POTASH & PHOSPHATE INSTITUTE, TO RETIRE

August 23, 2005—Norcross, GA—The Potash & Phosphate Institute (PPI) announced today that Dr. David W. Dibb, President, will retire from the international agricultural research organization at the end of this year. Dr. Dibb’s retirement will bring to a close a 30-year career at PPI, having served as President for 17 years, the longest tenure in that leadership role in PPI’s 70-year history.

“It’s no overstatement that the world owes a debt of gratitude to David Dibb, who for the past three decades has assisted numerous countries in developing their food production systems,” said Bill Doyle, Chairman of PPI’s Board of Directors and President and CEO of PotashCorp. “By combining sound, science-based agronomic and economic practices with PPI’s unparalleled soil fertility research, Dr. Dibb has touched the lives of millions. The PPI Board and all who know David wish him and his wife, Vivian, a long and healthy retirement. He will be greatly missed.”

Raised on a mixed crop and dairy farm in Draper, Utah, Dr. Dibb earned his B.S. degree in Agronomy-Soils from Brigham Young University in 1970 and his Ph.D. degree from the University of Illinois in 1974. As President of PPI, Dr. Dibb has directed the activities of 27 Ph.D. level agronomists – 10 in North America and 17 internationally.

Under his leadership, PPI has played a key role in delivering new food production technology to North America, Central America, South America, India, China, and areas in Southeast Asia. He has also directed the establishment of new PPI programs in Northern Latin America, Mexico, Central America, South America, and India.

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