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The Mosaic Company Board of Directors Declares Preferred Stock Dividend

PLYMOUTH, Minn., July 7 /PRNewswire-FirstCall/ -- The Board of Directors of The Mosaic Company (NYSE: MOS) have declared a cash dividend of $0.9375 per share on the Company's 7.50% mandatory convertible preferred stock (NYSE: MOSPRM) for the period July 1, 2005 through September 30, 2005. The dividend is payable on October 3, 2005 to mandatory convertible preferred stockholders of record at the close of business on September 15, 2005.

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. More information on the company is available at http://www.mosaicco.com .

SOURCE The Mosaic Company
07/07/2005

CONTACT:
Media, Linda Thrasher, 1-763-577-2864
or
Investor, Douglas Hoadley, 1-763-577-2867
both of Mosaic Company

1643 07/07/2005 18:05 EDT http://www.prnewswire.com

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