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Monsanto Sees Record Sales in Fiscal Year 2007; Seeds and Traits Business Contributes to Strong Fourth Quarter and Year-End Results
Date:10/10/2007

sells; the effect of weather conditions, natural disasters and accidents on the agriculture business or the company's facilities; and other risks and factors detailed in the company's most recent periodic report to the SEC. Undue reliance should not be placed on these forward-looking statements, which are current only as of the date of this release. The company disclaims any current intention or obligation to update any forward-looking statements or any of the factors that may affect actual results.

References to Roundup herbicides in this release mean Roundup branded herbicides, excluding lawn-and-garden herbicide products, and references to "Roundup and other glyphosate-based herbicides" exclude all lawn-and-garden herbicides.

Monsanto Company

Selected Financial Information

(Dollars in millions, except per share amounts)

Unaudited

Statements of Three Months Three Months 12 Months 12 Months

Consolidated Ended Ended Ended Ended

Operations Aug. 31, Aug. 31, Aug. 31, Aug. 31,

2007 2006 2007 2006

Net Sales $1,573 $1,390 $8,563 $7,294

Cost of Goods Sold 920 910 4,277 3,775

Gross Profit 653 480 4,286 3,519

Operating Expenses:

Selling, General and

Administrative Expenses 596 472 1,895 1,638

Research and Development

Expenses 226 190 780 710

Acquired In-Process Research

and Development 186 - 193 -

Total Operating Expenses 1,008 662 2,868 2,348

Income (Loss) From Operat
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SOURCE Monsanto
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