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UPDATED ON: Wednesday, October 13, 2004

Agrium Inc.:

Russell Horner,
Board of Directors

From The Globe and Mail

The directors of Agrium Inc. are pleased to announce the appointment of Russell Horner to the Board of Directors.

Mr. Russell Horner is based in Vancouver and is the President and Chief Executive Officer of NorskeCanada, a Canadian based TSX listed company that produces paper and pulp products. Before assuming leadership of NorskeCanada, he served as Chief Operating Officer Australasia for Fletcher Challenge Paper and was President and Chief Operating Officer of Fletcher Challenge Canada. He is an Advisory Board Director for Factory Mutual Insurance Company and serves as an Executive Board Director for NorskeCanada. He is also Chair of the Forest Products Association of Canada and a member of the Board of World Wildlife Fund Canada. Mr. Horner holds a B.Sc. in Chemistry from the University of British Columbia and Advanced Management Programs from both Auckland University and the Harvard Business School.

Agrium Inc. is a leading global producer and marketer of agricultural nutrients and industrial products and a major retail supplier of agricultural products and services in both North America and Argentina. Agrium produces and markets three primary groups of nutrients: nitrogen, phosphate, potash as well as micronutrients. Agriumís strategy is to grow through incremental expansion of its existing operations and acquisitions as well as the development, commercialization and marketing of new products and international opportunities.

Agrium trades on the Toronto and New York Stock Exchanges under the symbol AGU. For more information, visit Agriumís website:


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