The Mosaic Company Opens New Desoto County Office

              The Mosaic Company Opens New Desoto County Office

Restored Historic Hollingsworth House in Arcadia Will Serve as Base of Mosaic
Operations in the County

PR Newswire

ARCADIA, Fla., Dec.18, 2012

ARCADIA, Fla., Dec.18, 2012 /PRNewswire/ --Employees from The Mosaic Company
today joined DeSoto County community leaders at a ribbon cutting ceremony to
celebrate the opening of Mosaic's new office. Housed in the newly restored
historic Hollingsworth house overlooking Oak Street and the County
Administration building in downtown Arcadia, the office will serve as the
company's base of operations in DeSoto County.

(Photo: http://photos.prnewswire.com/prnh/20121218/CG31640)

"Today, Mosaic officially put roots down in DeSoto County and the company
looks forward to a bright future with our neighbors in Arcadia," said Martha
Monfried, Mosaic's Vice President of Public Affairs. "We appreciate the warm
welcome we've received from the citizens of DeSoto County and are proud that
Mosaic was able to restore one of the historic homes that helps give Arcadia
its unique character."

Located at the corner of Oak and Hillsborough in the Arcadia Historic
District, the restored house will provide office space for Mosaic's
DeSoto-based community relations and permitting staff members. Mosaic is
renovating a second building behind the Hollingsworth House to serve as a
community room to host the company's DeSoto County Citizens Advisory Panel
meetings and other community events.

"We're delighted that Mosaic is making this commitment to DeSoto County and we
welcome them to our community," said Debby Snyder, Executive Director of the
DeSoto County Chamber of Commerce. "Our county has long aimed to expand our
economic base and Mosaic represents a great opportunity for the county to
bring back an old, but vastly improved industry and economic driver."

Since its formation in 2004, Mosaic has owned more than 18,000 acres of future
phosphate mine land in DeSoto County. Within the next 10 years, the company
is poised to invest more than $1 billion in construction and infrastructure
costs to develop a world class phosphate mine in the county, which will
eventually provide nearly half of the company's Florida phosphate rock
production. The facility is expected to employ approximately 400 full time
employees with wages and benefits averaging significantly higher than the
currently reported average median income in DeSoto County. The mine will also
provide employment for hundreds of full time contractors. And, according to a
recent study, economic activity resulting from the mine's operation will
produce thousands of induced jobs in DeSoto County and beyond.

About The Mosaic Company
The Mosaic Company is the world's leading producer of potash and phosphate
crop nutrients. American farmers rely on Florida phosphate for nearly half of
their annual crop nutrition requirements. Phosphate is a natural product for
which there is no man-made substitute, making Florida's phosphate reserves of
strategic importance to critical sectors of the state and national economy,
including farming, manufacturing, shipping, trucking and rail. Mosaic employs
more than 3,000 Central Florida residents, and tens of thousands of Floridians
work in other jobs dependent upon the industry. The company utilizes
state-of-the-art environmental technologies to recycle more than 95 percent of
its water and return land that it uses to its natural beauty, or into parks,
playgrounds and community amenities. For more information on Mosaic's
presence in DeSoto County, go to www.mosaicinDeSoto.com

SOURCE The Mosaic Company

Website: http://www.mosaicco.com
Contact: Heather Nedley, The Mosaic Company, +1-863-263-3100,
Heather.Nedley@mosaicco.com
 
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