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MOSAIC COMPLETES REPURCHASE OF ITS 21.65 MILLION CLASS A SHARES
Source: The Mosaic Company news release

The Mosaic Company (NYSE: MOS) announced today that it has completed the acquisition of the initial 21.65 million restricted Class A shares from the Margaret A. Cargill Foundation and the Anne Ray Charitable Trust (collectively, the MAC Trusts). This share repurchase is part of the previously announced agreement to acquire 43.3 million restricted Class A shares from the MAC Trusts.

Based on the 20-day volume-weighted average closing price preceding January 8, 2014, the company purchased the 21.65 million shares at a price of $45.77 per share.

The remaining 21.65 million Class A shares will be purchased by Mosaic beginning in February 2014 in seven equal installments at the close of each successive 20-day trading period using the same volume-weighted average pricing formula as the initial transaction.

About 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.


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