Mosaic Updates Market on Esterhazy Brine Inflow

PLYMOUTH, Minn., Nov. 12 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE:
MOS) responded to market rumors about elevated levels of brine inflow in the
mined out area at its Esterhazy, Saskatchewan potash mine.

The Company said that brine inflow rates rise and fall regularly. The current
rate of brine inflow is elevated, but within the historical range of inflows
at Esterhazy. The Company is evaluating the inflow and is managing it as in
the past. Mosaic has successfully mitigated brine inflows at its Esterhazy
mine since 1985.

The Esterhazy mine has an annual production capacity of approximately 5.3
million tonnes.

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.

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 The Mosaic Company's management and are subject to significant
risks and uncertainties. These risks and uncertainties include but are not
limited to 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 the effects of
the current economic and financial turmoil; the build-up 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; difficulties or delays in receiving, or increased
costs of, necessary governmental permits or approvals; the effectiveness of
our processes for managing our 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 Mosaic'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 Mosaic Company's reports filed with the Securities and Exchange
Commission. Actual results may differ from those set forth in the
forward-looking statements.

SOURCE The Mosaic Company

Rob Litt, +1-763-577-6187, Investors, Christine Battist, +1-763-577-2828, both
of The Mosaic Company