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Press release from PR Newswire

Mosaic Announces Pricing of Secondary Offering of Common Stock for S&P 500 Index Inclusion Trade

Friday, September 23, 2011

Mosaic Announces Pricing of Secondary Offering of Common Stock for S&P 500 Index Inclusion Trade18:11 EDT Friday, September 23, 2011PLYMOUTH, Minn., Sept. 23, 2011 /PRNewswire/ -- The Mosaic Company (NYSE: MOS) announced today that the previously announced secondary offering (the "offering") of 18 million shares of its common stock, related to Mosaic's inclusion into the S&P 500 Index, has priced at a public offering price of $57.65 per share.The secondary offering is comprised of 18 million shares owned by the Margaret A. Cargill trusts. In addition, the underwriters have been granted a 30-day option to purchase up to 2.7 million additional shares from the selling stockholders to cover over-allotments, if any.Mosaic will not receive any proceeds from the offering and there will be no change to the number of outstanding shares or earnings per share of Mosaic as a result of the transaction. The offering is expected to close on September 29, 2011.A registration statement on Form S-3 relating to these securities has been filed with the Securities and Exchange Commission and became effective on June 23, 2011.  This announcement shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any offer of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such jurisdiction.J.P. Morgan Securities LLC and UBS Securities LLC served as the joint book-running managers for the offering.  A prospectus supplement relating to the offering has been filed with the Securities and Exchange Commission.  A copy of the prospectus supplement and the accompanying base prospectus are available and may be obtained from http://www.sec.gov or from one of the following banks involved in the transaction.J.P. Morgan Securities LLC c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 Telephone: (866) 803-9204UBS Securities LLC Attention: Prospectus Department 299 Park Avenue New York, NY 10171 Telephone: (888) 827-7275About The Mosaic Company The Mosaic Company is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic is a single source provider of phosphate and potash fertilizers and feed ingredients for the global agriculture industry. More information on the company is available at www.mosaicco.com.The Mosaic Company has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents filed with the SEC for more complete information about The Mosaic Company and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, The Mosaic Company, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free (866) 803-9204 or (888) 827-7275SOURCE The Mosaic CompanyFor further information: media, Rob Litt, +1-763-577-6187, rob.litt@mosaicco.com, or investors, Laura Gagnon, +1-763-577-8213, investor@mosaicco.com, both of The Mosaic Company