Potash One Inc. (the "Company" or "Potash One") (TSX VENTURE:KCL) is pleased to
announce that the Company has appointed Mike Ferguson as Project Director for
its Legacy Potash project in southeastern Saskatchewan.


Mike Ferguson is a professional engineer and senior project manager with
significant experience in the Saskatchewan Uranium and Potash industries. Mr.
Ferguson's potash experience started in 1984 working in an underground potash
mining operation, continuing through maintenance engineering work in a potash
mill and on to engineering design and project delivery. He has worked for all
the major potash producers in Saskatchewan including Mosaic, Potash Corporation
of Saskatchewan and Agrium. Mr. Ferguson also led projects overseas in the
Middle East and south-east Asia.


Most recently Mr. Ferguson served as a General Manager for Wardrop Engineering,
and Operations Manager with AMEC prior to that. He earned his B.Sc. in
Mechanical Engineering from the University of Saskatchewan and Graduate
Certificate in Project Management from Pennsylvania State University.


Paul F. Matysek, President and Chief Executive Officer of Potash One Inc., said:
"I am very excited to welcome Mike Ferguson to our team. He has over 20 years of
direct project management experience in potash industry and brings wealth of
knowledge to Potash One. Mike's direct experience in building engineering and
project teams and successfully delivering projects ranging from small in-plant
upgrades to major green-field works, at both the study and implementation
phases, will bring the necessary focus and organization to Potash One in order
to successfully develop the Legacy project."


The Company has also granted an additional 500,000 stock options pursuant to its
previously approved stock option plan to directors, officers and consultants.
These options were granted at an exercise price of $3.85 per share for a period
of three years.


ON BEHALF OF THE BOARD OF DIRECTORS,

Paul F. Matysek, M.Sc., P.Geo., President and Chief Executive Officer

About Potash One Inc.

Potash One Inc. is a Canadian resource company engaged in the identification,
acquisition, exploration and development of advanced solution mine amenable
potash properties. The Company holds an option to acquire 100% interest in a
97,240 acre Potash Subsurface Exploration Permit ("the Legacy Project"), owns
100% of three other Potash Subsurface Exploration Permits covering 239,000 acres
that are contiguous to the Legacy Project in Saskatchewan, Canada. The Company
also has two potash permit applications under review in southeastern
Saskatchewan. The Legacy Project was previously explored by Imperial Oil Ltd.
(now Exxon) and Lumsden Potash Corporation and is adjacent to one of the largest
producing solution potash mines in the world. The Company has a solid balance
sheet and experienced technical and corporate management to advance its current
project to the next level.


Forward Looking Statement

This release includes certain statements that may be deemed to be
"forward-looking statements" within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. All statements in this release, other than
statements of historical facts, that address further production, reserve
potential, exploration and development activities and events or developments
that the Company expects, are forward-looking statements. Although management
believes the expectations expressed in such forward-looking statements are based
on reasonable assumptions such statements are not guarantees of further
performance, and actual results or developments may differ materially from those
in the forward-looking statements. Factors that could cause actual results to
differ materially from those in forward-looking statements include market
prices, exploration and development successes, continued availability of capital
and financing, and general economic, market or business conditions. Please see
our public filings at www.sedar.com for further information.


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