Monsanto Sees Record Sales in Fiscal Year 2007; Seeds and Traits Business Contributes to Strong Fourth Quarter and Year-E...(ions (355) (182) 1418 ...)

Interest Expense 43 34 139 134

Interest Income (33) (18) (122) (55)

Solutia-Related Expenses 17 9 40 29

Other Expense (Income) - Net 16 (11) 25 14

Income (Loss) From Continuing

Operations Before

Income Taxes and Minority

Interest (398) (196) 1,336 1,049

Income Tax Provision (Benefit) (119) (70) 402 337

Minority Interest Expense 5 5 12 17

Income (Loss) From Continuing

Operations (284) (131) 922 695

Discontinued Operations:

Income (Loss) From

Operations of Discontinued

Businesses 48 (10) 43 1

Income Tax Provision

(Benefit) (26) (3) (28) 1

Income (Loss) on Discontinued

Operations 74 (7) 71 -

Income (Loss) Before Cumulative

Effect of

Accounting Change (210) (138) 993 695

Cumulative Effect of a Change

Accounting in Principle,

Net of Tax Benefit - (6) - (6)

Net Income (Loss) $(210) $(144) $993 $689

EBIT (See note 2) $(349) $(207) $1,376 $1,095

Basic Earnings (Loss) per

Share:(1)

Income (Loss) From

Continuing Operations $(0.52) $(0.25) $1.70 $1.29

Income (Loss) on

Discontinued Operations 0.13 (0.01) 0.13 -

Cumulative Effect of

Accounting Change - (
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