Mosaic To Change Fiscal Year

                         Mosaic To Change Fiscal Year

PR Newswire

PLYMOUTH, Minn., Dec. 17, 2012

PLYMOUTH, Minn., Dec. 17, 2012 /PRNewswire/ -- The Mosaic Company (NYSE: MOS)
today announced that its Board of Directors has approved a change in the
Company's fiscal year end to December 31 from May 31. Mosaic will complete its
current fiscal year on May 31, 2013 and will then begin reporting quarterly
results on a calendar-year basis with the quarter ending on September 30,
2013. The Company will report results for a transition period of June 1 to
Dec. 31, 2013. The Company's first full calendar reporting year will be 2014.

"The change in our fiscal year better aligns our financial reporting cycle
with our business activity and budgeting process," said Larry Stranghoener,
Chief Financial Officer. "In addition, our financial reporting will be aligned
with other companies in our industry, allowing investors and securities
analyststo make more direct comparisons between our results and our peers'."

Mosaic plans to provide historical GAAP financial and other business
performance data for calendar quarters beginning January 1, 2012 and through
June 30, 2013. This information is expected to be furnished to the Securities
and Exchange Commission and released to the public in early September 2013.

Mosaic intends to report its financial results on the following schedule:

  oFiscal second quarter 2013: January 4, 2013
  oFiscal third quarter 2013: late March 2013
  oFiscal fourth quarter and full fiscal year 2013: mid-July 2013
  oCalendar third quarter 2013: early November 2013
  oCalendar fourth quarter and the seven month period ending December 31:
    mid-February 2014

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 economic and credit market
conditions; the level 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, implementation
of the U.S. Environmental Protection Agency's numeric water quality standards
for the discharge of nutrients into Florida lakes and streams or possible
efforts to reduce the flow of excess nutrients into the Gulf of Mexico;
further developments in judicial or administrative proceedings; difficulties
or delays in receiving, increased costs of or challenges to necessary
governmental permits or approvals or increased financial assurance
requirements; resolution of global tax audit activity; the effectiveness of
the Company's processes for managing its 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 various items differing from management's current estimates, including,
among others, asset retirement, environmental remediation, reclamation or
other environmental regulation, or Canadian resources taxes and royalties;
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

Website: http://www.mosaicco.com
Contact: Media, Rob Litt, The Mosaic Company, +1-763-577-6187,
rob.litt@mosaicco.com, or Investors, Laura Gagnon, The Mosaic Company,
+1-763-577-8213, investor@mosaicco.com
 
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