Mosaic was formed in October, 2004 from a combination of IMC Global Inc. and the fertilizer businesses of Cargill, Incorporated. Prior to this combination, IMC Global was a publicly held company with the ticker symbol IGL which was based in Lake Forest, IL. IMC Global had previously merged with Freeport-McMoRan Inc. (FTX) in December 1997, when holders of Freeport McMoRan (FTX) received 0.9 shares of IMC Global for each share of FTX they owned. They also received 1/3 of a warrant (IGLWS / cusip #449669118) and approximately 0.2 share of Freeport-McMoRan Sulfur Inc., which is now known as McMoRan Exploration Co. (MMR). The warrants expired in December 2000 with no value. Mosaic has no relationship with MMR, or with Freeport-McMoRan Copper & Gold, Inc. 20.