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MONSANTO SUPPORT TO FLOOD VICTIMS

 ST. LOUIS, July 18 /PRNewswire/ -- The Agricultural Group of Monsanto Company announced today that it will contribute up to $2 million to the American Red Cross to help support flood victims in rural areas of the Midwest.
 Monsanto today is contributing $1 million directly to the Red Cross and will set aside another $1 million in an account that will be used to match individual or business contributions on a dollar-for-dollar basis, said Hendrik A. Verfaillie, president of the Agricultural Group.
 "The flood devastation is incredible, and relief organizations are hard-pressed to meet the demands that have been placed on them," Verfaillie said. "This contribution is intended to help the farmers and residents of rural communities who have been hard-hit by the flood."
 He said Monsanto is working with agribusiness across the Midwest to encourage those who were unaffected to contribute to flood relief for farmers and other rural residents.
 Contributions to this flood relief effort may be made through Oct. 31. A credit card contribution can be made by calling the Red Cross at 800-842-2200 and designating "Monsanto Matching Contribution." Alternatively, a check can be sent to the American Red Cross Rural Flood Relief, Monsanto Matching Contributions, P.O. Box 66921, St. Louis, Mo. 63166-6692. Checks should be marked "Monsanto Matching Contribution" to be eligible for matching funds.
 In St. Louis, the Monsanto Fund -- the philanthropic arm of Monsanto Company -- earlier contributed $100,000 to the St. Louis Bi-State Chapter of the American Red Cross for its flood relief efforts. The Monsanto Fund has announced that it will provide a special additional match for contributions by Monsanto employees and retirees to the Red Cross for disaster relief.
 -0- 7/18/93 R
 /CONTACT: Gerard Ingenthron of the Agricultural Group of Monsanto, 314-694-3079, or at home 314-569-0359/
 (MTC)


CO: Monsanto Company ST: Missouri IN: AGR SU:

CK -- NYSU002 -- 2833 07/19/93 07:15 EDT
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Publication:PR Newswire
Date:Jul 19, 1993
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