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AGCO CORPORATION ANNOUNCES EQUIPMENT DONATION TO TSUNAMI RELIEF EFFORT

Duluth, GA - January 10th - AGCO Corporation, (NYSE: AG), a worldwide designer, manufacturer and distributor of agricultural equipment, in conjunction with our Indonesian and Sri Lankan Distributors announce the donation of tractors to those governments for assistance in recovery efforts following the tsunami disaster. The Indonesian government will use the donation for the hardest hit region of Aceh. The equipment, carrying emergency supplies was put into immediate action, reaching very isolated and rough terrain.

Warwick McCormick, Director and General Manager, AGCO East Asia and Pacific said, “Our hearts go out to those individuals who have lost their families, their property, and their very livelihoods. We are pleased to be able to assist in such a direct, immediate, and beneficial way.”

AGCO Corporation supplied tractors branded Massey Ferguson 5355 – a 4-wheel drive, 92 horsepower. Each will be fitted with trailers for hauling.

AGCO Corporation, headquartered in Duluth, Georgia, is a global designer, manufacturer and distributor of agricultural equipment and related replacement parts. AGCO products are distributed in more than 140 countries. AGCO offers a full product line including tractors, combines, hay tools, sprayers, forage, tillage equipment and implements through more than 8900 independent dealers and distributors around the world. AGCO products are distributed under the brand names AGCO , Agco Allis , AgcoStar , Challenger , Farmhand , Fendt , Fieldstar , Gleaner , Glencoe , Hesston , LOR*AL , Massey Ferguson , New Idea , RoGator , SisuDiesel , Soilteq , Spra Coupe , Sunflower , TerraGator , Tye , Valtra , White , and Willmar . AGCO provides retail financing through AGCO Finance in North America and through Agricredit in Australia, the United Kingdom, France, Germany, Ireland, and Brazil. In 2003, AGCO had net sales of $3.5 billion.

Please visit our website at www.agcocorp.com.