IGL I M C Global

The Mosaic Company Formed With Closing of IMC Global, Cargill Crop Nutrition Combination MINNEAPOLIS, Oct. 22 /PRNewswire-FirstCall/ -- IMC Global Inc. (NYSE:IGL) and the Crop Nutrition division of Cargill, Incorporated, announced that they have joined their businesses to form a new company, called The Mosaic Company (NYSE:MOS), following today's successful closing of the combination transaction. Beginning on October 25, 2004, Mosaic's common stock will trade on the New York Stock Exchange under the symbol MOS. IMC common shareholders approved the combination at a special meeting held October 20, 2004. The proposed combination was announced on January 27, 2004. About The Mosaic Company The Mosaic Company is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. For the global agriculture industry, Mosaic is a single source for phosphates, potash, nitrogen fertilizers and feed ingredients. Mosaic was formed through the 2004 combination of IMC Global, Inc., and Cargill Crop Nutrition, a unit of Cargill, Incorporated. Based in Minneapolis, Minnesota, Mosaic serves customers in 50 countries through phosphate production facilities in Florida, Louisiana and the growth markets of Brazil and China; potash production facilities in New Mexico, Michigan and Saskatchewan, Canada; a joint venture interest in the Saskferco Products, Inc., nitrogen production facility, and; distribution and customer service operations in 15 countries. Mosaic's consolidated annual revenues exceed $4.5 billion and its common stock is listed on the New York Stock Exchange under the symbol MOS. The company's website is http://www.mosaicco.com/ . EDITORS NOTE: Beginning October 25, 2004, The Mosaic Company headquarters will be: 12800 Whitewater Drive Minnetonka, MN 55343 Phone: 800-918-8270 Fax: 952-984-0032 DATASOURCE: IMC Global Inc. CONTACT: Media, Linda Thrasher of Cargill Crop Nutrition, +1-952-984-0350, , or Investors, Douglas A. Hoadley of IMC Global Inc., +1-847-739-1826, Web site: http://www.mosaicco.com/

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