Allana Potash Corp. (TSX:AAA) ("Allana" or the "Company") today announced the
commencement of technical cooperation activities with ICL pursuant to Allana's
previously reported strategic alliance with ICL. Senior technical and
development teams from both companies have begun to define priorities for a
development program to advance the Danakhil Potash Project. 


As part of the activities, programs will be launched in Ethiopia and Djibouti in
late March focused on hydrology and water supply design, solution mining and
evaporation pond operations procedures and output, as well as on production
transportation logistics and product staging/storage strategy refinements. These
activities will be aligned with the project lenders due diligence program. 


Farhad Abasov, President and CEO of Allana, commented, "We reviewed, and have
been impressed by ICL's excellent operations at its Dead Sea Works (DSW)
facility in Israel and at Israel's Ashdod port. Our assessment of ICL's
operations further validates our opinion that ICL will be an optimal partner for
Allana. In our joint technical discussions, Allana and ICL identified
significant similarities in our facilities and operations, and it is clear that
we can replicate ICL's operations." Mr. Abasov continued, "We look forward to
the next stage of our cooperation during which ICL's experts will advise Allana
in connection with its pre-construction work programs to refine our operating
procedures for water extraction, solution brine management and transport
facility and operations design, among other elements. ICL's technical
assistance, as well as its take-or-pay off-take and significant equity
investment in Allana, significantly contributes to de-risking the project and
will facilitate Allana's construction and production activities."


ICL is one of the world's largest producers of fertilizers, supplying over five
million tons of potash annually from production facilities located in a number
of countries, primarily from solar evaporation ponds at ICL's DSW facility. The
DSW operation employs relatively low-concentration potassium chloride brines
from the Dead Sea, produced in over 100 km2 of evaporation ponds with an annual
average daylong temperature of around 26 degrees C, to process its solid crystal
raw material. Allana will benefit from ICL's 60-plus years of technical
expertise at its Danakhil operations which, in contrast, will employ
approximately 10-fold higher potassium concentration brines from its solution
wells, crystallized in 6 km2 of solar evaporation ponds with an annual average
daylong temperature of over 35 degrees C.


DSW's operations also utilize in-house and contractor-operated trucking fleets
to transport 1.5 to 2 million tons of potash annually to ICL's storage and
shipping terminal facilities at Ashdod and Eilat ports which are located 150 and
200 kilometers, respectively, from DSW's facilities at the Dead Sea. These
logistical capabilities are directly applicable to Allana's operational plans to
truck one million tons of potash 570 kilometers to Allana's potash terminal
located at the Tadjoura port in Djibouti.


Nissim Adar, President and CEO of ICL Fertilizers, observed, "Our strategic
alliance with Allana to develop potash supply for Ethiopia and Africa - the
market with the highest growth potential in the fertilizer world - is moving
forward at a fast pace. We are pleased that Allana's entrepreneurial approach
fits well with ICL's expertise and experience and we look forward to our joint
technical teams driving this project to a successful completion as quickly as
possible guided by a continual focus on safety, quality, cost-control and
sustainability issues. Once in production, Danakhil is expected to become one of
the world's lowest cash cost potash projects."


The Project secured environmental approvals in May 2013 and its Mining License
in October 2013, and, having gained the cooperation of several major development
financing institutions and export credit agencies in mid-2013, the Company
continues to proceed with its project financing activities. ICL has also
committed to purchase production of the Project up to 1Mtpa with a take-or-pay
commitment on a minimum of 80% of output from the Project. 


As previously announced, the Company has called a special meeting of
shareholders on March 28, 2014 to authorize the issuance of a further 30,614,488
Units of Common Shares and Warrants to ICL for gross proceeds of approximately
$14.4 million, (the "Second Tranche") (see Allana press release dated February
12, 2014). Subject to the receipt of the required shareholder approval, closing
of the Second Tranche is anticipated to occur on or about March 31, 2014.
Directors and officers of Allana holding an aggregate of 1.4% of the outstanding
Common Shares have agreed to vote in favor of the issuance of the Units pursuant
to the Second Tranche to ICL. 


About ICL

ICL, a global manufacturer of products based on unique minerals that fulfill
humanity's essential needs, primarily in three markets: agriculture, food and
engineered materials. The agricultural products that ICL produce help to feed
the world's growing population. The potash and phosphates that it mines and
manufactures are used as ingredients in fertilizers and serve as an essential
component in the pharmaceutical and food additives industries. The food
additives that we produce enable people to have greater access to more varied
and higher quality food; ICL's water treatment products supply clean water to
millions of people as well as industry around the world; and other substances,
based on bromine and phosphates help to create energy that is more efficient and
environmentally friendly, prevent the spread of forest fires and allow the safe
and widespread use of a variety of products and materials. ICL benefits from a
broad presence throughout the world and proximity to large markets, including in
developing regions. ICL operates within a strategic framework of sustainability
that includes a commitment to the environment, support of communities in which
ICL's manufacturing operations are located and where its employees live, and a
commitment to all its employees, customers, suppliers and other stakeholders.


ICL is a public company whose shares are traded on the Tel Aviv Stock Exchange
(TASE:ICL). The company employs around 12,000 people worldwide, and its sales in
2013 totaled $6.3 billion. For more information, visit the company's website at
www.icl-group.com.


About Allana Potash Corp.

Allana is a publicly traded corporation with a focus on the acquisition and
development of potash assets internationally with its major focus on a
previously explored potash property in Ethiopia. Allana has secured financial
support from three significant strategic investors: ICL, one of the world's
largest potash producers, IFC, a member of World Bank Group, and LMM, a member
of Liberty Mutual Group. Allana has estimated measured and indicated Sylvinite
mineral resources of 327.4 million tonnes of 28.3% KCl; and an estimated
inferred Sylvinite mineral resource of 90.8 million tonnes grading 27.8% KCl, In
addition, the Project hosts estimated measured and indicated Kainitite mineral
resources of 1,150.5 million tonnes at 19.4% KCl, an estimated inferred
Kainitite mineral resource of 481.8 million tonnes of 19.8%KCl; estimated
measured and indicated Upper Carnallitite mineral resources of 411.3 million
tonnes grading 17.3% KCl, estimated inferred Upper Carnallitite mineral
resources of 175.5 million tonnes of 16.5% KCl; estimated measured and indicated
Lower Carnallitite mineral resources of 557.2 million tonnes of 9.2%KCl, and
estimated inferred Lower Carnallitite mineral resources of 369.3 million tonnes
grading 7.7% KCl. The foregoing mineral resource estimates are as at April 17,
2013. For more information with respect to the data verification procedures
undertaken and the key assumptions, parameters and risks associated with the
foregoing estimates, refer to Allana's Technical Report entitled "Resource
Update for the Danakhil Potash Deposit, Danakhil Depression, Afar State,
Ethiopia" dated effective April 17, 2013 filed under the Company's SEDAR profile
at www.sedar.com on August 7, 2013.Allana has approximately 294 million shares
outstanding. Allana trades on the Toronto Stock Exchange under the symbol "AAA".


Dr. Peter J. MacLean, Ph.D., P. Geo., Allana's Senior VP Exploration, is the
Company's designated Qualified Person and has reviewed and approved the
technical information presented in this release.


Forward-Looking Statement 

Except for statements of historical fact relating to the Company, certain
information contained herein constitutes "forward-looking information" under
Canadian securities legislation. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as "plans", "expects"
or "does not expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or "believes",
or variations of such words and phrases or statements that certain actions,
events or results "may", "could", "would", "might" or "will be taken", "occur"
or "be achieved". Statements with respect to mineral resource estimates,
production timelines, the timing of closing of the Second Tranche and the
expected benefits of the Technical Committee and the strategic alliance with ICL
are forward-looking statements. Forward-looking statements are based on the
opinions, assumptions estimates of management as of the date such statements are
made and they are subject to known and unknown risks, uncertainties and other
factors that may cause the actual results, level of activity, performance or
achievements of the Company to be materially different from those expressed or
implied by such forward-looking statements or forward-looking information. Such
risks include the uncertainty with respect to the shareholder approval of the
Second Tranche not being obtained, the fact that the expected benefits of the
strategic alliance may not materialize, the inherent capital markets
consequences of an equity controlling position, regulatory risks and such other
risks as discussed in the risk factors sections of our latest annual information
form, our technical reports and other continuous disclosure documents filed from
time to time at www.sedar.com. Although management of the Company has attempted
to identify important factors that could cause actual results to differ
materially from those contained in forward-looking statements or forward-looking
information, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such
statements will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking statements and
forward-looking information. The Company does not undertake to update any
forward-looking statements or forward-looking information that are incorporated
by reference herein, except in accordance with applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Richard Kelertas
Senior Vice President, Corporate Development
514 717 6256 or rkelertas@allanapotash.com