Monsanto Company (NYSE: MON) said it plans to file an immediate appeal
of a recent ruling by a single judge of the Brazilian Superior Court of
Justice, relating to the company's request for term correction of a
patent covering its Roundup Ready® soybean product. The company will
move forward with the next phase of the appeals process to secure its
intellectual property rights and ensure its business is not disrupted in
the country.

Monsanto has previously obtained patent protection in Brazil for its
first-generation Roundup Ready soybean products. In accordance with
Brazilian law, Monsanto has sought to correct the term of its patent
rights in Brazil to conform to the 2014 patent term granted in the
United States.

This ruling represents one intermediate step in the ongoing legal
process within the country. Monsanto will seek review of that decision
by a full panel of judges of the Superior Court of Justice.
Additionally, Monsanto has previously filed an appropriate appeal which
has been admitted to be heard by the Supreme Court of Brazil. The
Supreme Court ultimately will hear and decide the patent term correction.

"We plan to file an immediate appeal with the Superior Court of Justice
and look forward ultimately to presenting our case to the Supreme Court
of Brazil at a later date," said Todd Rands, Monsanto's Legal Director
for Latin America.

Monsanto, similar to other companies, holds intellectual property rights
on its inventions. This approach has played an important role in
fostering new investments in Brazilian agriculture production.

The company also said it remains committed to ongoing dialogue with
farmers and their representative groups in order to pave the way for
innovation in agriculture, as this is one of the critical paths towards
delivering value to Brazil's farmers and its economy and meeting the
demands of our growing planet.

About Monsanto Company

Monsanto Company is a leading global provider of technology-based
solutions and agricultural products that improve farm productivity and
food quality. Monsanto remains focused on enabling both small-holder and
large-scale farmers to produce more from their land while conserving
more of our world's natural resources such as water and energy. To learn
more about our business and our commitments, please visit:
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