Monsanto Company (NYSE:MON) has agreed to acquire Marmot, S.A., which
operates Semillas Cristiani Burkard (SCB), a privately-held seed company
headquartered in Guatemala City, Guatemala. Once completed, the
acquisition will build on Monsanto's corn business leadership and enable
it to offer farmers in Central American countries broader access to corn
seed varieties. The transaction will be completed as soon as practical.
Additional terms of the agreement were not disclosed.

"With more than 40 years in the seed business, SCB is the leading
provider of high-quality products to farmers in Central America," said
Brett Begemann, Monsanto's executive vice-president of Global
Commercial. "This acquisition, which solidifies Monsanto's position as
the leading corn seed provider in the Latin and Central American
regions, will enable our companies to provide new and innovative
higher-yielding corn seed offerings to farmers."

"We are pleased to have entered into this agreement with Monsanto," said
Antonio Juan Cristiani Burkard, SCB's President, Founder and Chief
Executive Officer. "The agreement will allow both Monsanto and SCB to
leverage their strong R&D capabilities, germplasm base and breeding
capabilities to bring new technology to farmers."

SCB focuses on hybrid corn seed production and is a leading provider of
corn, sorghum, forage sorghum, soybeans, and pastures (grass-type
seeds). The company operates in twelve countries throughout North,
Central and South America and the Caribbean. SCB's General Manager
Antonio Cristiani Moscoso will continue to lead the SCB business and its
360 employees.

SCB adds a strong market presence to strengthen Monsanto's seed
footprint in the region. The company has long standing relationships
with farmers and works with more than 900 dealers in the Central
American region. SCB is also a distributor of Seminis vegetable seeds, a
product of Monsanto's vegetable seed division.

Monsanto believes that the acquisition will enhance the company's
international corn seed business and its genetics portfolio, enabling
the company to deliver new seed offerings to farmers. Longer term,
pending regulatory approvals, Monsanto believes the acquisition holds
the opportunity to expand the potential adoption of biotechnology traits

About Semillas Cristiani Burkard

Founded in 1966, Semillas Cristiani Burkard is a leading seed company in
the Latin America Tropics headquartered in Guatemala. It is devoted to
the development of seed for corn, grain sorghum, forage sorghum hybrids
and soybean varieties.

About Monsanto Company

Monsanto Company is a leading global provider of technology-based
solutions and agricultural products that improve farm productivity and
food quality. For more information, please visit the company's web site

Cautionary Statements Regarding Forward-Looking Information:

Certain statements contained in this release are "forward-looking
statements," such as statements concerning the company's anticipated
financial results, current and future product performance, regulatory
approvals, business and financial plans and other non-historical facts.
These statements are based on current expectations and currently
available information. However, since these statements are based on
factors that involve risks and uncertainties, the company's actual
performance and results may differ materially from those described or
implied by such forward-looking statements. Factors that could cause or
contribute to such differences include, among others: continued
competition in seeds, traits and agricultural chemicals; the company's
exposure to various contingencies, including those related to
intellectual property protection, regulatory compliance and the speed
with which approvals are received, and public acceptance of
biotechnology products; the success of the company's research and
development activities; the outcomes of major lawsuits; developments
related to foreign currencies and economies; successful operation of
recent acquisitions; fluctuations in commodity prices; compliance with
regulations affecting our manufacturing; the accuracy of the company's
estimates related to distribution inventory levels; the company's
ability to fund its short-term financing needs and to obtain payment for
the products that it sells; the effect of weather conditions, natural
disasters and accidents on the agriculture business or the company's
facilities; and other risks and factors detailed in the company's most
recent periodic report to the SEC. Undue reliance should not be placed
on these forward-looking statements, which are current only as of the
date of this release. The company disclaims any current intention or
obligation to update any forward-looking statements or any of the
factors that may affect actual results.

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