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Monsanto notified that U.S. Department of Justice has concluded its inquiry related to the glyphosate herbicide industry
St. Louis, Missouri
August 18, 2004

Monsanto Company (NYSE: MON) announced today that it has received written notification that the U.S. Department of Justice, Antitrust Division, has concluded its inquiry regarding possible anticompetitive conduct in the glyphosate-based herbicide industry. The inquiry was closed with no actions required by Monsanto.

“We’re pleased that the Justice Department has closed its inquiry and this issue is now behind us,” said Hugh Grant, Monsanto’s Chairman, President and Chief Executive Officer. Monsanto originally reported this inquiry in March of 2003, and had cooperated fully with the Justice Department since that time.

Monsanto Company is a leading global provider of technology-based solutions and agricultural products that improve farm productivity and food quality.

Glyphosate is the active ingredient in Roundup herbicide, as well as several other herbicides used to control weeds.
Roundup is a trademark owned by Monsanto Company.

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