Exhibit 99
 | 3033 Campus Drive Suite E490 Plymouth, Minnesota 55441 www.mosaicco.com | Tel 800-918-8270 Fax 763-577-2986 |
Press Release
| MEDIA CONTACT: | Linda Thrasher, 763-577-2864 |
| INVESTOR CONTACT: | Douglas Hoadley, 763-577-2867 |
MOSAIC ANNOUNCES REVISION TO THIRD QUARTER
PRELIMINARY EARNINGS OF $4.1 MILLION DUE TO NON-CASH
PURCHASE ACCOUNTING ADJUSTMENT
PLYMOUTH, MN – April 12, 2005 – The Mosaic Company (NYSE: MOS) announced today that its 10Q filing for the third quarter of fiscal 2005 will include a revision to its preliminary third quarter earnings to $38.8 million or a reduction of $4.1 million versus the March 31, 2005 preliminary release. This adjustment was due to an increase in non-cash interest expense in the third quarter which was due to a change in the purchase accounting adjustment to the fair market value of its outstanding debt. This results in earnings per share declining to $0.09 versus the March 31, 2005 preliminary release of $0.10 per share.
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.
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