Mr. Tao Liu reports

PACIFIC POTASH UNDERTAKES CORPORATE RESTRUCTURING

Pacific Potash Corp. has appointed Yingqian Li as the company's new independent director, effective immediately.

Ms. Li holds an MBA from the University of Minnesota. Over the last 18 years, Ms. Li has worked in one of the "big four" accounting firms and some other multinational companies, focusing on mergers and acquisitions, business and tax advisory, and corporate and operational restructuring. Her years of working experiences in multinational companies enhanced her business strategic thinking and finance insight sensitivity.

Ms. Li will work closely with the board of directors. After the restructuring, the board of directors is highly confident that, with the expertise of Ms. Li, the company will be more diversified, experienced and efficient to execute its corporate strategy and move forward to the next milestone.

We seek Safe Harbor.