Delta and Pine Land Company (NYSE: DLP) announced today the final results of its modified “Dutch auction” tender offer, which expired at 12:00 Midnight, New York City time, Tuesday, May 17, 2005.

Based on the final count by Illinois Stock Transfer Company, the depositary for the tender offer, approximately 2,374,940 shares of common stock were properly tendered and not withdrawn at a price at or below $27.00 per share.  As previously disclosed, the Company intends to purchase all shares properly tendered and not withdrawn at prices at or below $27 per share, subject to applicable securities laws.  Accordingly, the Company will purchase 2,374,940 shares of its common stock at a purchase price of $27.00 per share, or a total of $64,123,380.  The total shares to be purchased are comprised of the 1,739,130 shares the Company offered to purchase and 635,810 shares to be purchased pursuant to the Company's right to purchase up to an additional 2% of the shares outstanding immediately prior to the commencement of the tender offer. Shares tendered at or below $27.00 per share include shares tendered by persons who indicated that they are willing to accept the price determined in the offer.  All shares purchased in the tender offer will receive the same price.

Payment for shares accepted for purchase, and the return of all other shares tendered but not accepted for payment, will be made promptly by Illinois Stock Transfer Company.  As a result of the completion of the tender offer and immediately following payment for the tendered shares, the Company will have approximately 36.1 million shares of common stock outstanding. 

Delta and Pine Land Company is a leading commercial breeder, producer and marketer of cotton planting seed. Headquartered in Scott, Mississippi, with multiple offices in eight states and facilities in several foreign countries, D&PL also breeds, produces and markets soybean planting seed in the U.S.