15.08.2006 20:15:00

Compass Minerals Completes Redemption of Notes

Compass Minerals Group, a subsidiary of Compass MineralsInternational, Inc. (NYSE:CMP), has completed the redemption of theremaining $2 million principal amount of its 10-percent SeniorSubordinated Notes Due 2011, pursuant to the optional redemptionprovisions of the Notes. Under a tender offer which was completed inDecember of 2005, the company previously purchased $323 million inprincipal amount of the Notes.

About Compass Minerals

Based in the Kansas City metropolitan area, Compass Minerals isthe second-leading salt producer in North America and the largest inthe United Kingdom. The company operates nine production facilities,including the largest rock salt mine in the world in Goderich,Ontario, and two packaging facilities. The company's product linesinclude salt for highway deicing, consumer deicing, waterconditioning, consumer and industrial food preparation, agricultureand industrial applications. In addition, Compass is North America'sleading producer of sulfate of potash, which is used in the productionof specialty fertilizers for high-value crops and turf, and magnesiumchloride, which is a premium deicing and dust control agent.

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Compass Minerals International Inc. 11,30 0,89% Compass Minerals International Inc.