CALGARY, ALBERTA--(MARKET WIRE)--Jun 5, 2008 -- ALL AMOUNTS ARE STATED IN U.S.$

Agrium Inc. (Toronto:AGU.TO - News) (NYSE:AGU - News) announced today it is hosting an investor conference on June 12, 2008 in Montreal, Quebec.

The one day investor session will be held at the Fairmont Queen Elizabeth Hotel in Montreal starting at 10am ET. Presentations will include an introduction and overview by Mike Wilson, Agrium President and Chief Executive Officer. Other key executives and management personnel will discuss Agrium's Retail, Wholesale and Advanced Technologies businesses, covering updates on our expansion plans and the outlook for all of our businesses. In addition, Ross Korves from ProExporterNetwork will provide a presentation on the agriculture situation and outlook and an update on the biofuel industry. Presentations will be followed by a reception. We encourage investors to attend, advance registration is required.

To register and to obtain more information on the conference, visit Agrium's website at www.agrium.com.

A webcast of the formal presentations will be available on Agrium's website live or in replay mode at www.agrium.com. The webcast of the Montreal presentations will begin at 10:00 a.m. ET, June 12, 2008.

Please note that Bruce Waterman, Senior Vice President, Finance and Chief Financial Officer will be presenting at the RBC Global Mining and Materials Conference in Toronto on Wednesday June 11, 2008 at 11:30 a.m. ET.

About Agrium

Agrium Inc. is a major retail supplier of agricultural products and services in both North and South America and a leading global producer and marketer of agricultural nutrients and industrial products. Agrium produces and markets three primary groups of nutrients: nitrogen, phosphate and potash as well as controlled release fertilizers and micronutrients. 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.

     Contacts:
     Agrium Inc.
     Richard Downey
     Senior Director, Investor Relations
     (403) 225-7357
      
     Agrium Inc.
     Ashley Harris
     Manager, Investor Relations
     (403) 225-7437
     Website: http://www.agrium.com