Monsanto Company (NYSE: MON) announced today that at its fifth annual meeting, shareowners elected three members of its board of directors to new terms.

John W. Bachmann, William U. Parfet, and George H. Poste, Ph.D., D.V.M., were elected to serve until the company's 2008 meeting.

Shareowners also ratified the Board's Audit and Finance Committee's appointment of Deloitte & Touche LLP as the company's principal independent auditor, and approved the Monsanto Company 2005 Long-Term Incentive Plan.

Four separate shareowner resolutions were also voted on at the meeting. In each case, shareowners voted consistent with the recommendations presented by Monsanto's board of directors, rejecting each of the proposals.

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