1. MAGMINERALS POTASH CORP. MineAfrica, Vancouver
June 17, 2008

2. Disclaimer
Except for historical information, this presentation contains forward-looking statements, which reflect the Company's current expectation regarding future events. These forward-looking statements involve risks and uncertainties, which may cause actual results to differ materially from those statements. Those risks and uncertainties include, but are not limited to, changing market conditions, and other risks detailed from time-to-time in the Company's ongoing filings. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events in this presentation might not occur.

3. MagIndustries – AGM 2007 Kouilou Potash Project (ROC)
Forest Products (Eucalyptus)
(ROC)
Hydroelectric Developments
(DRC)
Magnesium Alloys
(ROC)

4. MagIndustries at a Glance
Developing major industrial projects in
Republic of Congo (ROC)
Democratic Republic of Congo (DRC)
Achievements are driving shareholder value
Canadian-based:
TSX-V: MAA, market cap ~C$600M
7% owned by management, directors
~75% institutional including Fidelity, Ospraie, Enso, Blakeney, L-R Global
52 week
low: 1.25
high: 3.35

5. Track Record Demonstrates Competencies
2007 and Subsequent Events
Secured MagMinerals mining license
Successfully raised capital: US$140M (last 12 months)
Successful forestry operations and chip mill start-up
Advancing decisions with global brand name partners
SNC Lavalin; BNP Paribas; Ameropa AG; EIB; IDC
Mitsui; Forestales

6. Agenda
The Projects
The Future

7. Exceptional Returns Potash for the world
The MagIndustries story is about… Exciting Resource Projects in Central Africa
Exceptional Returns
Potash for the world
First new entrant to potash industry
with unmatched competitive advantages

8. MagMinerals Significant Progress in Advancing Project
Measured, Indicated and Inferred Resource
1 Billion tons
Total years of production
> 100
Planned production (tpy) Phase I (2011)
600,000
Planned production (tpy) Phase II (2013)
1,200,000
Final SNC Lavalin feasibility report
Feb 2008
Capital raised in MagMinerals (pvt.pl.) April 2008
US$100M
Willy Verbrugghe appointed as MagMinerals CEO
May 2008

9. Kouilou Potash Project
Key characteristics of planned mine
600,000 tonne annual capacity; est. cap cost US$723M
Production costs projected to be in the bottom quartile
Phase II adds 600,000 tonnes; est. cap costs US$500M
First production estimated Q2 2011
10% free carried interest granted to ROC Government
Marketing
Ameropa AG: marketing partner to provide bankable off-take contract for 100% of production to support project financing
Next steps
Project financing is well advanced; strong expression of interest from debt providers: Debt and equity financing expected to close Q3 2008
Construction startup Q3 2008, Commissioning Q4 2010

10. Kouilou Potash Project Competitive Advantages
Exclusive rights to one of world’s largest carnallite deposits
carnallite  potash
Low cost solution mining + low cost energy  one of lowest cost producers
Location advantage near port (16 km existing rail line)
US$18-$40/tonne freight savings vs. inland competitors
Best deepwater port in west-central Africa
Pointe-Noire
DRC
ROC
Angola
Gabon
BRAZZAVILLE
KINSHASA
Pointe- Noire
Proposed plant site

11. Kouilou Potash Project Video