Universal Potash Acquires Strategic Lease in Historic Potash Basin

LAS VEGAS, NV -- (MARKET WIRE) -- 10/27/10 -- Universal Potash Corporation (the "Company") (PINKSHEETS: UPCO) is pleased to announce the company has been the successful bidder on additional Potash Lease Applications for a total of 640 acres of prospective ground northwest of Moab in the Paradox Basin of Utah. The leased property is located immediately to the South and contiguous to the company's current Potash applications pending approval, covering a total of 29,000 acres. "The two new properties are immediately west and adjacent to School Sections that have seen previous drilling for oil/gas and encountered significant intersections of both Sylvite and Carnallite, with Sylvite (Potash) values averaging near 20%, but ranging as high 49%," stated Kevin M. Murphy, CEO.

About Potash Demand

Potash Fertilizer prices have been moving higher lately, reflecting the demand for the product to increase production to meet the growing demand and offset the grain shortages in the world due to climate change and the world's middle class population growth. Grain Demand has resulted in an 8 fold increase to satisfy the population's demand for more protein products worldwide. Potash price increases have sent the share prices of many potash producers as well as explorers higher in recent months supported by BHP Billiton's recent $39 Billion hostile takeover bid for Potash Corporation of Saskatchewan, the world's largest producer.

About Universal Potash Corp.

Universal Potash Corp. is an acquisition driven exploration stage Potash Mining corporation dedicated to increasing shareholder value. The Management of Universal Potash's principal focus is the acquisition of premium leasehold properties and the future development of these properties and business interest on a global basis. Management efforts are channeled into building Universal Potash Corp into an international enterprise and becoming a key player in meeting the growing challenge of feeding the world.

"Safe Harbor" Statement: Under The Private Securities Litigation Reform Act of 1995: The statements in all press releases that relate to the company's expectations, with regard to the future impact on the company's results from new projects in development, are forward-looking statements. A complete disclosure of our "SAFE HARBOR "statement is posted on our website at www.UniversalPotash.com under the heading "NEWS."

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