sc13dza
 

     
 
OMB APPROVAL
  
 
OMB Number: 3235-0145
  
 
Expires: February 28, 2009
  
 
Estimated average burden hours per response...15
  
 
 
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. 7 )*

Sociedad Química y Minera de Chile S.A.
(Name of Issuer)
Series A Common Stock, no par value (“Series A Shares”)
Series B Common Stock, no par value (“Series B Shares”)
(Title of Class of Securities)
Series A Shares: 833636103
Series B Shares: 833635105
(CUSIP Number)
Wayne R. Brownlee
Executive Vice President, Treasurer and Chief Financial Officer
Potash Corporation of Saskatchewan Inc.
Suite 500, 122 – 1st Avenue South
Saskatoon, Saskatchewan
Canada S7K 7G3
(306) 933-8500

with a copy to

Robert Dean Avery
Jones Day
77 West Wacker
Chicago, Illinois 60601-1692
(312) 782-3939
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
December 24, 2006
(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

(Page 1 of 16 Pages)

 
 

 

                     
CUSIP No.
  
833635105 / 833636103  
   Page  
2 
   of   
16 

 

           
1   NAMES OF REPORTING PERSONS:

Potash Corporation of Saskatchewan Inc.
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):
 
 
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o 
  (b)   o 
     
3   SEC USE ONLY:
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  Series A Shares: Not Applicable
Series B Shares: AF, WC
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Saskatchewan, Canada
       
  7   SOLE VOTING POWER:
     
NUMBER OF   - 0 - Series A Shares (See Item 5)
- 0 - Series B Shares (See Item 5)
       
SHARES 8   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   63,062,037 Series A Shares (See Item 5)
17,212,902 Series B Shares (See Item 5)
       
EACH 9   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   - 0 - Series A Shares (See Item 5)
- 0 - Series B Shares (See Item 5)
       
WITH 10   SHARED DISPOSITIVE POWER:
     
    63,062,037 Series A Shares (See Item 5)
17,212,902 Series B Shares (See Item 5)
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  63,062,037 Series A Shares (See Item 5)
17,212,902 Series B Shares (See Item 5)
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
   
  44.16% of Series A Shares (See Item 5(a))
14.30% of Series B Shares (See Item 5(a))
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  CO

 

                     
CUSIP No.
  
833635105 / 833636103  
   Page  
3 
   of   
16 

 

           
1   NAMES OF REPORTING PERSONS:

PCS Chile II LLC
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):
 
 
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o 
  (b)   o 
     
3   SEC USE ONLY:
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  Series A Shares: Not Applicable
Series B Shares: AF
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Delaware
       
  7   SOLE VOTING POWER:
     
NUMBER OF   - 0 - Series A Shares (See Item 5)
- 0 - Series B Shares (See Item 5)
       
SHARES 8   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   43,861,795 Series A Shares (See Item 5)
14,513,129 Series B Shares (See Item 5)
       
EACH 9   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   - 0 - Series A Shares (See Item 5)
- 0 - Series B Shares (See Item 5)
       
WITH 10   SHARED DISPOSITIVE POWER:
     
    43,861,795 Series A Shares (See Item 5)
14,513,129 Series B Shares (See Item 5)
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  43,861,795 Series A Shares (See Item 5)
14,513,129 Series B Shares (See Item 5)
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
   
  30.71% of Series A Shares (See Item 5(a))
12.06% of Series B Shares (See Item 5(a))
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  OO

 

                     
CUSIP No.
  
833635105 / 833636103  
   Page  
4 
   of   
16 

 

           
1   NAMES OF REPORTING PERSONS:

Inversiones El Boldo Limitada
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):
 
 
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o 
  (b)   o 
     
3   SEC USE ONLY:
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  Series A Shares: Not Applicable
Series B Shares: AF, WC
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Republic of Chile
       
  7   SOLE VOTING POWER:
     
NUMBER OF   - 0 - Series A Shares (See Item 5)
- 0 - Series B Shares (See Item 5)
       
SHARES 8   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   43,861,795 Series A Shares (See Item 5)
8,427,129 Series B Shares (See Item 5)
       
EACH 9   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   - 0 - Series A Shares (See Item 5)
- 0 - Series B Shares (See Item 5)
       
WITH 10   SHARED DISPOSITIVE POWER:
     
    43,861,795 Series A Shares (See Item 5)
8,427,129 Series B Shares (See Item 5)
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  43,861,795 Series A Shares (See Item 5)
8,427,129 Series B Shares (See Item 5)
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
   
  30.71% of Series A Shares (See Item 5(a))
7.00% of Series B Shares (See Item 5(a))
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  OO

 

                     
CUSIP No.
  
833635105 / 833636103  
   Page  
5 
   of   
16 

 

           
1   NAMES OF REPORTING PERSONS:

Inversiones RAC Chile Limitada
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):
 
 
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o 
  (b)   o 
     
3   SEC USE ONLY:
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  Series A Shares: Not Applicable
Series B Shares: Not Applicable
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Republic of Chile
       
  7   SOLE VOTING POWER:
     
NUMBER OF   - 0 - Series A Shares (See Item 5)
- 0 - Series B Shares (See Item 5)
       
SHARES 8   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   19,200,242 Series A Shares (See Item 5)
2,699,773 Series B Shares (See Item 5)
       
EACH 9   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   - 0 - Series A Shares (See Item 5)
- 0 - Series B Shares (See Item 5)
       
WITH 10   SHARED DISPOSITIVE POWER:
     
    19,200,242 Series A Shares (See Item 5)
2,699,773 Series B Shares (See Item 5)
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  19,200,242 Series A Shares (See Item 5)
2,699,773 Series B Shares (See Item 5)
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
   
  13.44% of Series A Shares (See Item 5(a))
2.24% of Series B Shares (See Item 5(a))
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  OO

 

         
CUSIP No. 833635105 / 833636103
  Schedule 13D   Page 6 of 16
 
Item 1. Security and Issuer.
     This Amendment No. 7 amends the Schedule 13D, dated November 2, 2001, as amended (the “Schedule 13D”), of Potash Corporation of Saskatchewan Inc. and Inversiones El Boldo Limitada, with respect to Series A Shares and Series B Shares, of Sociedad Química y Minera de Chile S.A. (the “Issuer”), a company organized under the laws of the Republic of Chile. The principal executive offices of the Issuer are located at El Trovador 4285, Piso 6, Santiago, Chile. Capitalized terms used but not otherwise defined in this Amendment have the meanings ascribed to such terms in the Schedule 13D.
Item 2. Identity and Background.
     This statement is filed pursuant to Rule 13d-2(a) under the Securities Exchange Act of 1934, as amended, by the persons listed below (the “Reporting Persons”).
     (1) Potash Corporation of Saskatchewan Inc. (“PCS”), a corporation organized under the laws of Canada, is (together with its subsidiaries) an integrated fertilizer and related industrial and feed products company engaged in the production of potash, phosphate and nitrogen products. The principal business address of PCS is Suite 500, 122 — 1 st Avenue South, Saskatoon, Saskatchewan, Canada S7K 7G3.
     (2) PCS Chile II LLC (“Chile II”) is a limited liability company organized under the laws of Delaware principally for the purpose of acquiring and holding shares of the Issuer, and its principal business address is: Suite 400, 1101 Skokie Blvd., Northbrook, Illinois 60062. PCS indirectly beneficially owns the entire equity interest in Chile II and, as a result, ownership of the Series B Shares owned by Chile II is deemed to be shared with PCS.
     (3) Inversiones El Boldo Limitada (“Chile Holdco”) is a limited liability company formed under the laws of Chile principally for the purpose of acquiring and holding shares of the Issuer, and its principal business address is Avenida Apoquindo 3721, Piso 12, Santiago, Chile. PCS, through its ownership of Chile II and another entity, indirectly beneficially owns the entire equity interest in Chile Holdco; Chile II indirectly owns 99.98% of Chile Holdco. As a result, ownership of the Series A Shares and Series B Shares owned by Chile Holdco is deemed to be shared with PCS and Chile II.
     (4) Inversiones RAC Chile Limitada (“RAC”) is a limited liability company formed under the laws of Chile and was acquired by PCS principally for the purpose of acquiring and holding shares of the Issuer, and its principal address is: Avenida Apoquindo 3721, Piso 12, Santiago, Chile. PCS indirectly beneficially owns the entire equity interest in RAC and, as a result, ownership of the Series A Shares and the Series B Shares owned by RAC is deemed to be shared with PCS.

 

 

         
CUSIP No. 833635105 / 833636103
  Schedule 13D   Page 7 of 16
 
     None of the Reporting Persons, during the last five years, have been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or have been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or State securities laws or finding any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
     On November 21, 2006 Chile Holdco initiated a tender offer in Chile for Series B Shares. The tender offer was consummated on December 24, 2006. In connection with the tender offer, Chile Holdco acquired 8,427,129 Series B Shares for an aggregate purchase price of Ch$61,518,041,700. Chile Holdco obtained such funds through a combination of cash on hand, a loan from an affiliated company from its cash on hand and capital contributed by its immediate parent. The capital contributed by Chile Holdco’s immediate parent originated from PCS, from its cash on hand.
Item 4. Purpose of Transaction.
     Chile Holdco purchased the Series B Shares to increase PCS’s indirect combined ownership in SQM for investment purposes. Chile Holdco was required under the Chilean Securities Market Law to purchase the shares pursuant to a tender offer because the offer was for an amount of shares that, when added to the then current indirect shareholding of PCS, would exceed the shareholding of the then current "controlling shareholder" of SQM. The acquisition by Chile Holdco of the Series B Shares does not materially affect the Reporting Persons’ control rights over SQM since the Series B Shares have limited voting rights (holders of Series B Shares elect one of eight members of the Board of Directors (the “Series B Director”) and vote together with the Series A Shares on other matters); the Reporting Persons’ increased ownership of Series B Shares from 7.30% to 14.30% does not materially increase their influence over the election of the Series B Director and their increased ownership, on a combined basis, of Series A and Series B Shares from 27.30% to 30.50% does not materially increase their voting power with respect to other matters.
     Each of the Reporting Persons intends to review its investment in SQM on a regular basis and, as a result thereof, may at any time or from time to time determine, (a) to acquire additional securities of SQM, through open market purchases, privately negotiated transactions or otherwise, (b) to dispose of all or a portion of the securities of SQM owned by it in the open market, in privately negotiated transactions, in one or more registered public offerings or otherwise, or (c) to take any other available course of action, with respect to SQM or its securities. Notwithstanding anything contained herein, each of the Reporting Persons specifically reserves the right to change its intention with respect to any or all of such matters. In reaching any decision as to its course of action (as well as to the specific elements thereof), each of the Reporting Persons currently expects that it would take into consideration a variety of factors, including, but not limited to, the following: SQM’s business and prospects; other developments concerning SQM and its business generally; other business opportunities available to the Reporting Persons; changes in law and government regulations; general economic conditions; and financial and stock market conditions, including the market price of the Series A and Series B Shares.
     Except as set forth in this Item 4, the Reporting Persons have no present plans or proposals that relate to, or that would result in, any of the actions specified in clauses (a) through (j) of Schedule 13D of the Exchange Act.
Item 5. Interest in Securities of the Issuer.
     (a) The Series A Shares and Series B Shares beneficially owned by each of PCS, Chile II, Chile Holdco and RAC are as follows:
                                   
 
        Number of           Number of           % of All Equity  
        Series A Shares     % of Class(1)     Series B Shares     % of Class(2)     Securities of Issuer(3)  
 
PCS
     63,062,037     44.16%     17,212,902(4)     14.30%     30.50%  
 
Chile II
     43,861,795     30.71%     14,513,129(4)     12.06%     22.18%  
 
Chile Holdco
     43,861,795     30.71%     8,427,129     7.00%     19.87%  
 
RAC
     19,200,242     13.44%     2,699,773     2.24%     8.32%  
 
  (1)   Based upon 142,819,552 Series A Shares outstanding as of December 31, 2005 (as reported in the Issuer’s Form 20-F filed with the Commission on June 30, 2006).
 
  (2)   Based upon 120,376,972 Series B Shares outstanding as of December 31, 2005 (as reported on the Issuer’s Form 20-F filed with the Commission on June 30, 2006).
 
  (3)   Based upon 142,819,552 Series A Shares and 120,376,972 Series B Shares of the Issuer outstanding as of December 31, 2005.
 
  (4)   Chile II and PCS beneficially own 6,086,000 Series B Shares in the form of American Depositary Receipts, each representing 10 Series B Shares.
     (b) Because PCS indirectly beneficially owns the entire outstanding equity interest in Chile Holdco and RAC, PCS may also be deemed to have the power to vote or to direct the voting or to dispose or direct the disposition of all of the Series A Shares and all of the Series B Shares owned by Chile Holdco and

 

 

         
CUSIP No. 833635105 / 833636103
  Schedule 13D   Page 8 of 16
 
RAC. Because Chile II indirectly owns 99.98% of the outstanding equity interest of Chile Holdco, Chile II may also be deemed to have the power to vote or to direct the voting or to dispose or direct the disposition of all of the Series A Shares and the Series B Shares owned by Chile Holdco. Except as otherwise disclosed herein, no person other than the Reporting Persons shares the power to vote or to direct the vote or to dispose or direct the disposition of any of the Series A Shares or the Series B Shares owned by the Reporting Persons.
     (c) None of PCS, Chile II, RAC or Chile Holdco have effected any transactions during the last 60 days in Series A Shares. The table below set forth information with respect to all transactions in Series B Shares effected during the last 60 days by PCS, Chile II, RAC or Chile Holdco. All transactions listed in Table 1 were purchases of Series B Shares for cash by Chile Holdco pursuant to a tender offer made in Chile by Chile Holdco.
TABLE 1
                       
            Number of Series B     Price per Share in  
Date   Purchase/Sale     Shares     Chilean Pesos  
December 24, 2006
   Purchase     8,427,129     Ch$7,300
(d)   No change.
 
(e)   Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.
     Other than as described in this statement, as amended, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among the Reporting Persons or, to the best of their knowledge, any of the persons listed in Schedule I, or between such persons and any other person with respect to any securities of the Issuer, including but not limited to transfer or voting of any of such securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.
Item 7. Material to be Filed as Exhibits.
     
Exhibit 1  
Joint Filing Agreement, dated as of October 16, 2006, among Potash Corporation of Saskatchewan Inc., PCS Chile II LLC, Inversiones RAC Chile Limitada, and Inversiones El Boldo Limitada

 

 

         
CUSIP No. 833635105 / 833636103
  Schedule 13D   Page 9 of 16
 
SIGNATURE
     After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
Dated: December 26, 2006
                                     
POTASH CORPORATION OF
SASKATCHEWAN INC.		   INVERSIONES RAC CHILE
LIMITADA		                
 
                                    
By:   /s/ Wayne R. Brownlee   By:   /s/ Rodrigo Ochagavía
             
 
  Name:   Wayne R. Brownlee       Name:   Rodrigo Ochagavía                
 
  Title:   Executive Vice President, Treasurer and
Chief Financial Officer 		      Title:   Representative                
 
                                    
 
          and                        
 
                                    
            By:   /s/ Andres Valdes
                 
 
              Name:   Andres Valdes                
 
              Title:   Representative                
 
                                    
PCS CHILE II LLC   INVERSIONES EL BOLDO LIMITADA                
 
                                    
By:   /s/ David Delaney   By:   /s/ Rodrigo Ochagavía
             
 
  Name:   David Delaney       Name:   Rodrigo Ochagavía                
 
  Title:   Manager       Title:   Representative                
 
                                    
 
          And                        
 
                                    
            By:   /s/ Andres Valdes
                 
 
              Name:   Andres Valdes                
 
              Title:   Representative                

 

 

         
CUSIP No. 833635105 / 833636103   Schedule 13D   Page 10 of 16
 
SCHEDULE I
POTASH CORPORATION OF SASKATCHEWAN INC.
     Unless otherwise indicated, each of the individuals named below is a citizen of Canada and the business address of each Executive Officer of PCS is 122 – 1st Avenue South, Saskatoon, Saskatchewan, Canada S7K 7G3.
           
 
  Name and Position
 
     Principal Occupation and Address
 
  
 
Directors
 
        
 
Frederic J. Blesi
(United States citizen)
    Retired
736 Glenayre Drive
Glenview, Illinois 60025
 
  
 
William J. Doyle
(United States citizen)
    President and Chief Executive Officer of PCS
122 – 1st Avenue South
Saskatoon, Saskatchewan, Canada S7K 7G3
 
  
 
John W. Estey
(United States citizen)
    President and Chief Executive Officer of S&C Electric Company
1741 Ridgewood Lane West
Glenview, Illinois 60025-2268
 
  
 
Wade Fetzer III
(United States citizen)
    Retired
600 Greenleaf Drive
Glencoe, Illinois 60022
 
  
 
Dallas J. Howe
    Owner and Chief Executive Officer of DSTC Ltd.
200 LaCaille Place S.W.
Calgary, Alberta T2P 5E2
 
  
 
Alice D. Laberge
    Corporate Director and Former President and Chief Executive
Officer of Fincentric Corporation
2606 West 37th Avenue
Vancouver, British Columbia V6N 2T4
 
  
 
Jeffrey J. McCaig
    President, Chief Executive Officer and Director
of Trimac Corporation
10 Hampton Place
The Woodlands, Texas 77381-4215
 
  
 
Mary Mogford
    Corporate Director and Partner of Mogford Campbell Inc.
3715 Lakeshore Road, RR No. 8
Newcastle, Ontario L1B 1L9
 
  
 

 

 

         
CUSIP No. 833635105 / 833636103   Schedule 13D   Page 11 of 16
 
           
 
Paul J. Schoenhals
    President and Chief Executive Officer of Enform
2115 – 27th Avenue N.E., Bay 13
Calgary, Alberta T2E 7E4
 
  
 
E. Robert Stromberg
    Retired
P.O. Box 158
Cochin, Saskatchewan, Canada S0M 0L0
 
  
 
Jack G. Vicq
    Professor Emeritus of Accounting, University of Saskatchewan
604 Braeside View
Saskatoon, Saskatchewan, Canada S7V 1A6
 
  
 
Elena Vivella de Paliza
(Dominican Republic citizen)
    Corporate Executive
Av. A. Lincoln No. 1019
Edif.-Federico Pages
4to Piso
Santo Domingo, Dominican Republic
 
  
 
Executive Officers
 
        
 
William J. Doyle
(United States citizen)
 
     President and Chief Executive Officer
 
  
 
Wayne R. Brownlee
    Executive Vice President and Chief Financial Officer
 
  
 
James F. Dietz
(United States citizen)
    Executive Vice President and Chief Operating Officer
Suite 400, 1101 Skokie Boulevard
Northbrook, Illinois 60062
 
  
 
Betty-Ann L. Heggie
    Senior Vice President, Corporate Relations
 
  
 
Barbara Jane Irwin
(United States citizen)
    Senior Vice President, Administration
Suite 400, 1101 Skokie Boulevard
Northbrook, Illinois 60062
 
  
 
Robert A. Jaspar
    Senior Vice President, Information Technology
 
  
 
Joseph A. Podwika
(United States citizen)
    Senior Vice President, General Counsel and Secretary
Suite 400, 1101 Skokie Boulevard
Northbrook, Illinois 60062
 
  
 
G. David Delaney
(United States citizen)
    President, PCS Sales
Suite 400, 1101 Skokie Boulevard
Northbrook, Illinois 60062
 
  
 
Garth W. Moore
    President, PCS Potash
 
  
 

 

 

         
CUSIP No. 833635105 / 833636103   Schedule 13D   Page 12 of 16
 
           
 
Thomas W. Regan, Jr.
(United States citizen)
    President, PCS Phosphate
Suite 400, 1101 Skokie Boulevard
Northbrook, Illinois 60062
 
  
 
Stephen F. Dowdle
(United States citizen)
    Senior Vice President, Fertilizer Sales, PCS Sales
Suite 400, 1101 Skokie Boulevard
Northbrook, Illinois 60062
 
  
 
Daphne J. Arnason
    Vice President, Internal Audit
 
  
 
Karen G. Chasez
(United States citizen)
    Vice President, Procurement
Suite 400, 1101 Skokie Boulevard
Northbrook, Illinois 60062
 
  
 
John R. Hunt
(United States citizen)
    Vice President, Safety, Health and Environment
Suite 400, 1101 Skokie Boulevard
Northbrook, Illinois 60062
 
  
 
Denis A. Sirois
    Vice President and Corporate Controller
 
  
 
PCS CHILE II LLC
     Unless otherwise indicated, each of the individuals named below is a citizen of the United States and the business address of each of the individuals named below is Suite 400, 1101 Skokie Boulevard, Northbrook, Illinois 60062.
           
 
  Name and Position
 
     Principal Occupation and Address
 
  
 
Managers
 
        
 
Thomas J. Regan, Jr.
    President, PCS Phosphate
 
  
 
James F. Dietz
    Executive Vice President and Chief Operating Officer – PCS
 
  
 
G. David Delaney
    President – PCS Sales
 
  
 
Brian E. Johnson
    Senior Counsel – US, (PCS Administration)
 
  
 

 

 

         
CUSIP No. 833635105 / 833636103   Schedule 13D   Page 13 of 16
 
INVERSIONES EL BOLDO LIMITADA
     Unless otherwise indicated, each of the individuals named below is a citizen of Chile.
           
 
  Name and Position
 
     Principal Occupation and Address
 
  
 
Representatives
 
        
 
Jose María Eyzaguirre Baeza
    Member, Claro y Cia.
Av. Apoquindo 3721, Piso 13, Las Condes
Santiago, Chile
 
  
 
Rodrigo Ochagavía Ruiz-Tagle
    Member, Claro y Cia.
Av. Apoquindo 3721, Piso 13, Las Condes
Santiago, Chile
 
  
 
Raul Santa María
    Member, Claro y Cia.
Av. Apoquindo 3721, Piso 13, Las Condes
Santiago, Chile
 
  
 
Matías de Marchena
    Member, Claro y Cia.
Av. Apoquindo 3721, Piso 13, Las Condes
Santiago, Chile
 
  
 
Cristíán Lagos
    Associate, Claro y Cia.
Av. Apoquindo 3721, Piso 13, Las Condes
Santiago, Chile
 
  
 
Andrés Valdés
    Associate, Claro y Cia.
Av. Apoquindo 3721, Piso 13, Las Condes
Santiago, Chile
 
  
 

 

 

         
CUSIP No. 833635105 / 833636103   Schedule 13D   Page 14 of 16
 
INVERSIONES RAC CHILE LIMITADA
     Unless otherwise indicated, each of the individuals named below is a citizen of Chile.
           
 
  Name and Position
 
     Principal Occupation and Address
 
  
 
Representatives
 
        
 
Jose María Eyzaguirre Baeza
    Member, Claro y Cia.
Av. Apoquindo 3721, Piso 13, Las Condes
Santiago, Chile
 
  
 
Rodrigo Ochagavía Ruiz-Tagle
    Member, Claro y Cia.
Av. Apoquindo 3721, Piso 13, Las Condes
Santiago, Chile
 
  
 
Raul Santa María
    Member, Claro y Cia.
Av. Apoquindo 3721, Piso 13, Las Condes
Santiago, Chile
 
  
 
Matías de Marchena
    Member, Claro y Cia.
Av. Apoquindo 3721, Piso 13, Las Condes
Santiago, Chile
 
  
 
Cristíán Lagos
    Associate, Claro y Cia.
Av. Apoquindo 3721, Piso 13, Las Condes
Santiago, Chile
 
  
 
Andrés Valdés
    Associate, Claro y Cia.
Av. Apoquindo 3721, Piso 13, Las Condes
Santiago, Chile
 
  
 

 

 

         
CUSIP No. 833635105 / 833636103   Schedule 13D   Page 15 of 16
 
EXHIBIT INDEX
     
Exhibit 1  
Joint Filing Agreement, dated as of October 16, 2006, between Potash Corporation of Saskatchewan Inc., PCS Chile II LLC, Inversiones RAC Chile Limitada, and Inversiones El Boldo Limitada