THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

IMC Global Inc. (Retired) (IGL.X)

4/7/2004 Proxy Information

In January 2004, the Company signed a definitive agreement with Cargill to combine the Company and Cargill's Crop Nutrition businesses to create a new, publicly traded company ("Newco"). The combination will be effected by the contribution by Cargill to Newco of equity interests in entities owning all or substantially all of the assets, liabilities and obligations of the Cargill Crop Nutrition businesses, in exchange for the issuance by Newco of shares of common stock and Class B common stock to Cargill. In addition, as part of the combination, a wholly owned subsidiary of Newco will be merged with and into the Company, with the Company surviving as a wholly owned subsidiary of Newco. In the merger, each outstanding share of the Company's Common Stock and preferred stock will be converted into one share of Newco common stock or preferred stock, as applicable. Cargill will own 66.5 percent of Newco's common stock and the Company's Common Stockholders will own 33.5 percent of Newco's common stock. The combination is subject to regulatory approval in the U.S., Brazil, Canada, China and several other countries; the approval of the Company's Common Stockholders; the completion of the PLP Merger; and satisfaction of other customary closing conditions. Subject to completion of the closing conditions contained in the definitive agreement, the Company anticipates the combination will close in the summer of 2004.

4/11/2003 Proxy Information

No related party transactions or special relationships reported for this company. Director relationships marked "Outside Related" at this firm will most often be former executives of the company. Additional information regarding these relationships will be added during our regular updates.