Delta and Pine Land Ready to Capitalize on Changes in Brazilian Market Brazilian President Signs Biosafety Law and Regulatory Agency Clears Hurdle for Sales of Bollgard Trait for Cottonseed SCOTT, Miss., March 28 /PRNewswire-FirstCall/ -- Delta and Pine Land Company (NYSE: DLP; "D&PL"), a leading commercial breeder, producer and marketer of cotton planting seed, today announced that Brazilian President Luis Inacio Lula da Silva signed a law governing biosafety in the Brazilian market. This action follows Brazil's National Commission For Biosafety (CTNBio) approval on March 17 of the Bollgard gene for sale in cotton. "Brazil's new biosafety law, coupled with CNTBio's approval, establish the framework for D&PL to register our varieties containing the Bollgard gene," said Tom Jagodinski, President and Chief Executive Officer. "While we await the final regulations, we believe, under current regulations, transgenic varieties may be available for sale in 2007." D&PL conventional products are among the top selling cotton varieties in Brazil. The Company has the license to develop and commercialize varieties containing Monsanto's Bollgard and Roundup Ready genes in Brazil. Commercialization of varieties containing the traits, when approved, will be achieved through MDM Sementes De Algodao Ltda., D&PL's joint venture with the Maeda S.A. Agroindustrial. There are approximately 2.2 million acres planted in cotton in Brazil. About Delta and Pine Land Company Delta and Pine Land Company is a leading commercial breeder, producer and marketer of cotton planting seed. Headquartered in Scott, Mississippi, with multiple offices in eight states and facilities in several foreign countries, D&PL also breeds, produces and markets soybean planting seed in the U.S. For more information about D&PL, please refer to the Company's website at http://www.deltaandpine.com/ . Certain matters discussed in this release are "forward-looking statements," including statements about the Company's future plans, goals and other events which have not yet occurred. These statements are intended to qualify for the safe harbors from liability provided by the Private Securities Litigation Reform Act of 1995. They can generally be identified because the context of such statements will include words such as "believes," "anticipates," "expects" or words of similar import. It is the nature of agricultural seed businesses that supply, demand and their timing are affected by many variables, including commodity prices, weather and government policy. Due to the seasonal nature of the seed business, the Company typically incurs losses in its first and fourth quarters. Additional risks and uncertainties with respect to the Company's business and forward-looking statements are set forth in the Company's latest filings with the Securities and Exchange Commission. DATASOURCE: Delta and Pine Land Company CONTACT: Investors - Tom Jagodinski, Delta and Pine Land Company, +1-662-742-4518; Media - Jonathan Gasthalter or Amy Cohen, Citigate Sard Verbinnen, +1-212-687-8080, for Delta and Pine Land Company Web site: http://www.deltaandpine.com/

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