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Delta and Pine Land Company announces shareholder approval of merger with Monsanto Company
Scott, Mississippi
December 21, 2006

Delta and Pine Land Company (NYSE:DLP) (“D&PL” or the “Company”), a leading commercial breeder, producer and marketer of cotton planting seed, today announced that, at a special meeting held today in Memphis, Tennessee, the Company’s shareholders overwhelmingly approved the merger with Monsanto Company, entered into on August 14, 2006. While the merger has been approved by Delta and Pine Land shareholders, certain regulatory approvals must be obtained before the merger can close.

Delta and Pine Land Company is a leading commercial breeder, producer and marketer of cotton planting seed. Headquartered in Scott, Mississippi, with multiple offices in eight states and facilities in several foreign countries, D&PL also breeds, produces and markets soybean planting seed in the U.S.

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