Marysville, Ohio
June 17, 2002

The Scotts Company (NYSE: SMG), the global leader in the consumer lawn and garden industry, today reaffirmed its earnings outlook for fiscal 2002 and also said it expects to achieve its projected cost savings in fiscal 2002 from its return on invested capital (ROIC) initiative.

Consumer sales of Scotts products remain strong on a year-to-date basis, despite cool and wet weather conditions through most of May -- the second busiest month in the lawn and garden industry. Point-of-sale data from the Company's largest retail partners shows consumer purchases of Scotts products at those outlets has increased by 14 percent on a fiscal year-to-date basis versus last year. That same data indicated a mid-single digit increase in May. Strong Memorial Day weekend results -- a trend that has continued into June -- helped offset the slower consumer take away earlier in the
month.

"Consumers continue to purchase our products even while other consumer product categories are seeing softness," said James Hagedorn, president and chief executive officer of Scotts. "Strong consumer demand for our products, coupled with our execution of our ROIC program, continues to give us confidence in our ability to reach our net income targets for the year."

Scotts continues to expect net income in fiscal 2002 to increase 45 to 50 percent, excluding non-recurring items, such as restructuring and other charges or income, as well as the recent gain from the sale of three peat bogs to the UK government. For the third quarter, the Company expects to report net income, excluding non-recurring items, in the range of $2.80 to $3.00 per diluted share. This year, the company has more than one million additional diluted shares outstanding, compared to last year when it reported $1.91 per diluted share in the third quarter.

The Company intends to report third quarter earnings on July 25, 2002 and hold a conference call that same day to discuss its results.

The Scotts Company is the world's leading supplier of consumer products for lawn and garden care, with a full range of products for professional horticulture as well. The company owns the industry's most recognized brands. In the U.S., the company's Scotts(R), Miracle-Gro(R) and Ortho(R) brands are market leading in their categories, as is the consumer Roundup(R) brand which is marketed in North America and most of Europe exclusively by Scotts and owned by Monsanto. In the Europe, Scotts' brands include Weedol(R) Pathclear(R), Evergreen(R), Levington(R) Miracle-Gro(R), KB(R), Fertigene(R) and Substral(R).