Mosaic and Cargill Agree to Split-off and Orderly Distribution of Cargill Stake in Mosaic

Mosaic Company (NYSE: MOS), one of the world's leading providers of crop nutrients and feed ingredients for the global agriculture industry, and Cargill, a privately held international producer and marketer of food, agriculture, financial and industrial products and services, today jointly announced a transaction that would result in the distribution of Cargill's 64 percent stake, or 286 million share position, in Mosaic to Cargill's shareholders and debt holders.