Compass Minerals Secures Incremental Term Loan.

OVERLAND PARK, Kan. -- Compass Minerals (NYSE: CMP) and certain of its subsidiaries have entered into a $127.0 million incremental term loan as part of an amendment to its existing senior secured credit facility. The incremental term loan is due in 2012 with an interest rate of 2.0 percent over LIBOR. Compass Minerals will have a corresponding interest rate swap which will fix the underlying LIBOR rate at 4.565 percent. The swap will apply to $50 million of the incremental term loan through December 2010.

Proceeds from the incremental term loan will be used to fund the previously announced tender offer for the company's 12.75-percent Series B Senior Discount Notes due 2012. A total of $120.0 million principal amount of Compass Minerals' 12.75-percent Senior Discount Notes were tendered to the company and purchased for a total of $126.9 million, including the consent fee. The tender offer for the remaining $3.5 million principal amount of notes expires at midnight on October 30, 2007. Compass Minerals intends to call in December 2007 any notes not tendered by the expiration.

"This is another important step toward maximizing shareholder value through a more cost-effective capital structure," said Rodney Underdown, vice president and chief financial officer of Compass Minerals. "By replacing the high-cost notes with lower-interest, pre-payable debt, we have enhanced our financial flexibility."

About Compass Minerals

Based in the Kansas City metropolitan area, Compass Minerals is a leading producer of inorganic minerals, including salt, sulfate of potash specialty fertilizer and magnesium chloride. The company provides highway deicing salt to customers in North America and the United Kingdom, and produces and distributes consumer deicing and water conditioning products, ingredients used in consumer and commercial foods, specialty fertilizers and other products for consumer, agricultural and industrial applications. Compass Minerals also provides records management services to businesses throughout the U.K.

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Company's current expectations and involve risks and uncertainties that could cause the Company's actual results to differ materially. The differences could be caused by a number of factors including those factors identified in Compass Minerals International's annual report on form 10-k filed with the Securities and Exchange Commission on February 22, 2007. The Company undertakes no obligation to update any forward-looking statements made in this press release to reflect future events or developments.