ScottsMiracle-Gro Announces Results of Annual Shareholders' Meeting

MARYSVILLE, Ohio, Jan. 20, 2011 /PRNewswire/ -- Shareholders of The Scotts Miracle-Gro Company (NYSE: SMG), the world's largest marketer of branded consumer lawn and garden products, today elected four members of the Company's Board of Directors, effective immediately, for three-year terms that expire in 2014.

Those board members elected this morning are Jim Hagedorn, chairman and CEO of ScottsMiracle-Gro; William "Jerry" Jurgensen, former CEO of Nationwide Mutual Insurance Co.; Nancy Mistretta, former partner at Russell Reynolds Associates; and Stephanie Shern, founder, Shern Associates LLC.

In his message at the Annual Shareholders' Meeting, Hagedorn said, "All of us are fortunate to be part of a great business.  We have a long way to go to meet our full potential, but I believe our performance in fiscal 2010 again showed the strength and resilience of this business. We hope that our shareholders are pleased with our performance and the return we have delivered on their investment."

Hagedorn also announced that Chief Financial Officer Dave Evans will expand his responsibilities.  As Executive Vice President, Strategy and Business Development, in addition to his CFO position, Evans will lead the development of a long-term strategic roadmap for the Company that will provide a foundation from which to filter growth opportunities and define the capabilities critical to ScottsMiracle-Gro's success.

Also at today's meeting, shareholders ratified the Audit Committee's selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending September 30, 2011.  In addition, shareholders approved the material terms of the performance criteria under the Company's Amended and Restated 2006 Long-Term Incentive Plan as well as The Scotts Company LLC Amended and Restated Executive Incentive Plan.

An archive of the Company's 2011 Annual Shareholders' Meeting is available on the Investor Relations section of the ScottsMiracle-Gro Web site, http://investor.scotts.com.

About ScottsMiracle-Gro

With $3.14 billion in worldwide sales, The Scotts Miracle-Gro Company, through its wholly-owned subsidiary, The Scotts Company LLC, is the world's largest marketer of branded consumer products for lawn and garden care, with products for professional horticulture as well. The Company's brands are the most recognized in the industry. In the U.S., the Company's Scotts®, Miracle-Gro®, and Ortho® brands are market-leading in their categories, as is the consumer Roundup® brand, which is marketed in North America and most of Europe exclusively by Scotts and owned by Monsanto. In the U.S., we operate Scotts LawnService®, the second largest residential lawn care service business.  In Europe, the Company's brands include Weedol®, Pathclear®, Evergreen®, Levington®, Miracle-Gro®, KB®, Fertiligene® and Substral®. For additional information, visit us at www.scotts.com.

SOURCE The Scotts Miracle-Gro Company

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