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Agrium Appoints New Director to Board.


Business Editors

CALGARY, Alberta--(BUSINESS WIRE)--Oct. 11, 2002

The Board of Directors of Agrium Inc. (NYSE NYSE

See: New York Stock Exchange
:AGU AGU Aoyama Gakuin University, Tokyo, Japan
AGU American Geophysical Union
AGU Arabian Gulf University (Bahrain)
AGU All Grown Up (TV show)
AGU Aguascalientes, Aguascalientes, Mexico
) (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
:AGU) announced today that Victor J. Zaleschuk was appointed to the Board of Directors effective October 3, 2002.

Mr. Zaleschuk, a Calgary resident, is former President and Chief Executive Officer of Nexen Inc. (formerly Canadian Occidental Petroleum Ltd.) from June 1997 to June 2001. Prior to that he held the position of Senior Vice President, Finance and Chief Financial Officer from 1986.

He received his Bachelor of Commerce The Bachelor of Commerce is a bachelor's degree in business management, accounting and economic fields. The degree is also known as the Bachelor of Commerce and Administration (BCA).  Degree from The University of Saskatchewan The University of Saskatchewan (U of S) is a coeducational public research university located on the east side of the South Saskatchewan River in Saskatoon, Saskatchewan, Canada. The University is celebrating its centennial year in 2007.  in 1965 and became a Chartered Accountant in 1967. Mr. Zaleschuk has significant experience in both the petroleum industry and oil and gas finance. From 1982-86, he spent four years as Vice-President, Finance of Co-Enerco. From 1976 to 1982, he was Vice President, Financial Planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 and Comptroller of Dome Petroleum Ltd. Prior to this, Mr. Zaleschuk held senior financial positions with Siebens Oil and Gas Ltd. and Hudson's Bay Oil and Gas Company.

Mr. Zaleschuk is a member of the Board of Directors of Cameco Corporation and Nexen Inc.

Agrium Inc. is a leading global producer and marketer of fertilizer and a major retail supplier of agricultural products and services in both North America and Argentina. Agrium produces and markets four primary groups of fertilizers: nitrogen, phosphate, potash and sulphur. Agrium's 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.
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Publication:Business Wire
Geographic Code:1CANA
Date:Oct 11, 2002
Words:251
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