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Monsanto Company declares quarterly dividend
St. Louis, Missouri
August 2, 2005

Monsanto Company (NYSE: MON) today announced that its Board of Directors has declared a quarterly dividend on its common stock of 17 cents per share. The dividend is for the fourth quarter of fiscal year 2005 and payable on Oct. 28, 2005, to shareowners of record on Oct. 7, 2005.

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

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