Mosaic to Hold Conference Call Regarding Preliminary Injunction on Mine Extension

PLYMOUTH, Minn., Aug. 1 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced it will conduct a conference call on Monday, August 2, 2010 at 4:30 p.m. EDT to discuss the preliminary injunction entered late Friday, July 30, 2010 relating to Mosaic's South Fort Meade mine permit in Hardee County, Florida.  

The conference call-in number is 866-543-6403 and the passcode is 33172955.  A replay of the audio call will be available through Friday, August 6, 2010.  Please call 888-286-8010 to access the replay and use passcode 52229178.  Additionally, presentation slides and a simultaneous audio webcast of the conference call may be accessed through Mosaic's website at www.mosaicco.com/investors.  This webcast will be available up to one year from the time of the call.  

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 of phosphates, potash, nitrogen fertilizers and feed ingredients.  More information on the company is available at www.mosaicco.com.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Such statements include, but are not limited to, statements about future financial and operating results.  Such statements are based upon the current beliefs and expectations of management of The Mosaic Company (the "Company") and are subject to significant risks and uncertainties.  These risks and uncertainties include but are not limited to further developments in the lawsuit involving the federal wetlands permit for the Hardee County extension including orders, rulings, injunctions or other actions by the courts or actions by the plaintiffs, the Army Corps of Engineers or others in relation to the lawsuit; any actions the Company may identify and implement in an effort to mitigate the effects of the lawsuit; the predictability and volatility of, and customer expectations about, agriculture, fertilizer, raw material, energy and transportation markets that are subject to competitive and other  pressures and economic and credit market conditions; the level of inventories in the distribution channels for crop nutrients; changes in foreign currency and exchange rates; international trade risks; changes in government policy; changes in environmental and other governmental regulation, including greenhouse gas regulation; other difficulties or delays in receiving, or increased costs of, necessary governmental permits or approvals; the effectiveness of the Company's processes for managing its strategic priorities; adverse weather conditions affecting operations in Central Florida or the Gulf Coast of the United States, including potential hurricanes or excess rainfall; actual costs of asset retirement, environmental remediation, reclamation or other environmental regulation differing from management's current estimates; accidents and other disruptions involving the Company's operations, including brine inflows at its Esterhazy, Saskatchewan potash mine and other potential mine fires, floods, explosions, seismic events or releases of hazardous or volatile chemicals, as well as other risks and uncertainties reported from time to time in the Company's reports filed with the Securities and Exchange Commission.  

SOURCE The Mosaic Company

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