Athabasca Potash Inc.

Athabasca Potash Inc.

October 17, 2008 17:26 ET

Athabasca Potash Inc. Announces Changes to Its Board of Directors

SASKATOON, SASKATCHEWAN--(Marketwire - Oct. 17, 2008) - Athabasca Potash Inc. ("Athabasca" or the "Company") (TSX:API) announces today that Kenneth E. MacNeill has stepped down as Chairman and Director of the Company. Mr. MacNeill will remain as an advisor to Athabasca as the Company expands its board and attracts additional members to the senior management team necessary to support the further development of the Burr project. Athabasca extends its thanks to Mr. MacNeill for his past contribution on the Company's board.

The Company is also pleased to announce the appointment of Mr. Robert G. Connochie as a director of the Company. Mr. Connochie has served as a past Director and Chairman of a number of potash and fertilizer industry associations and mining companies. He is a past Chairman of Canpotex Limited, the Potash and Phosphate Institute and the Saskatchewan Potash Producers Association. He also served as a Director and Interim Chairman and CEO of Asia Pacific Potash Inc.

From 1987 to 1993, Mr. Connochie was Chairman and President of Potash Company of America (PCA), which produced potash from two mines, one in Saskatchewan and one in New Brunswick, prior to being acquired by Potash Corp. of Saskatchewan.

The Company also announces the appointment of John King Burns, one of the Company's existing directors, as Lead Director and Interim Chairman. James G. Gardiner, one of the Company's existing directors, has also been appointed as the Chair of Athabasca's Nominating Committee, which is conducting a search for a new non-Interim Chairman.

About Athabasca:

Athabasca Potash Inc. is a Canadian based corporation and was founded with a goal of establishing itself as a pre-eminent Canadian public company engaged solely in potash exploration and development, and to provide its shareholders with a unique investment opportunity focused entirely on potash.

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