IGL I M C Global

IMC Global Files Amended 10-K and 10-Q Reports; No Change to Previously Reported Earnings (Loss) or Stockholders' Equity LAKE FOREST, Ill., Sept. 14 /PRNewswire-FirstCall/ -- IMC Global Inc. (NYSE:IGL) announced today that it filed amendments to its Annual Report on Form 10-K for the fiscal year ended December 31, 2003 and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2004 and June 30, 2004 to address comments from the staff of the Securities and Exchange Commission in connection with the staff's review of the registration statement on Form S-4 of The Mosaic Company (formerly Global Nutrition Solutions, Inc.), related to the pending combination of IMC Global and Cargill Crop Nutrition, and the documents incorporated by reference in the registration statement, including IMC Global's 2003 10-K, March 2004 10-Q and the June 2004 10-Q. The amendments enhance and clarify certain disclosures and reclassify certain information in IMC Global's 2003 10-K, March 2004 10-Q and June 2004 10-Q. The amendments did not change reported net sales, earnings (loss) from continuing operations, net earnings (loss), per share amounts or stockholders' equity. The amendments resulted in an increase in total assets as of December 31, 2003 of $90.8 million or 2.5 percent and a corresponding increase in current liabilities of $90.8 million; these amounts were previously presented on a net asset basis on the face of the balance sheet. Similar amendments enhancing and clarifying certain disclosures were also filed by each of Phosphate Resource Partners Limited Partnership and IMC Phosphates Company to their respective Annual Reports on Form 10-K for the fiscal year ended December 31, 2003 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2004 and June 30, 2004. IMC Global and Cargill, Incorporated are working cooperatively with the Securities and Exchange Commission to obtain effectiveness of a definitive proxy statement/prospectus to be mailed to common stockholders of record with respect to the combination transaction with Cargill Crop Nutrition. The definitive proxy statement/prospectus will contain important information about the proposed transaction. Common stockholders are urged to read the definitive proxy statement/prospectus when it becomes available. About IMC Global Inc. From multiple mines and plants in North America, IMC Global serves world agriculture as the largest producer and marketer of concentrated phosphates and potash crop nutrients. It also is a leading global provider of phosphorus and potassium feed ingredients for the animal nutrition industry. IMC Global has 5,000 employees and customers in nearly 50 countries. With products essential for life, IMC Global "feeds the land that feeds the world." For more information, visit http://www.imcglobal.com/ . Not a Proxy Solicitation for IMC Global and Cargill Crop Nutrition Combination This communication is not a solicitation of a proxy from any security holder of IMC Global or Cargill, Incorporated. The Mosaic Company (formerly Global Nutrition Solutions, Inc.) has filed a Registration Statement on Form S-4 with the SEC containing a preliminary proxy statement/prospectus regarding the proposed transaction. Stockholders are urged to read the definitive proxy statement/prospectus regarding the proposed transaction when it becomes available, because it will contain important information. Stockholders will be able to obtain a free copy of the definitive proxy statement/prospectus, as well as other filings containing information about Cargill and IMC Global, without charge, at the SEC's Internet site ( http://www.sec.gov/ ). Copies of the definitive proxy statement/prospectus and the filings with the SEC that will be incorporated by reference in the definitive proxy statement/prospectus can also be obtained, without charge, by directing a request to IMC Global Inc., 100 South Saunders Road, Lake Forest, Illinois 60045-2561, Attention: Douglas A. Hoadley, or by telephone at (847) 739-1200, email: , or to Cargill, Incorporated, 15407 McGinty Road West, MS 25, Wayzata, Minnesota 55391, Attention: Lori Johnson, or by telephone at (952) 742-6194, email: . The respective directors and executive officers of Cargill and IMC Global and other persons may be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Information regarding such persons and a description of their direct and indirect interests, by security holdings or otherwise, is contained in the preliminary proxy statement/prospectus contained in the above-referenced Registration Statement on Form S-4 of The Mosaic Company (formerly Global Nutrition Solutions, Inc.) filed with the SEC on April 8, 2004 and most recently amended on August 27, 2004. DATASOURCE: IMC Global Inc. CONTACT: Douglas A. Hoadley of IMC Global Inc., +1-847-739-1826, or Web site: http://www.imcglobal.com/

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