Release Details

DULUTH, Ga., Apr 22, 2004 (BUSINESS WIRE) -- AGCO Corporation (NYSE:AG), a worldwide designer, manufacturer and distributor of agricultural equipment, announces the re-election of the following Directors to the Board: Wayne Booker, Gerald Johanneson, Curtis Moll, and Robert Ratliff. These Directors will serve as Class III Directors until the annual meeting in 2007 or until their successors have been duly elected and qualified.

The remaining proposal put forth by a shareholder regarding environmental sustainability reporting was not approved.

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 over 140 countries. AGCO offers a full product line including tractors, combines, hay tools, sprayers, forage, tillage equipment and implements through more than 9200 independent dealers and distributors around the world. AGCO products are distributed under the brand names AGCO(R), Agco Allis(R), AgcoStar(R), Challenger(R), Farmhand(R), Fendt(R), Fieldstar(R), Gleaner(R), Glencoe(R), Hesston(R), LOR*AL(R), Massey Ferguson(R), New Idea(R), RoGator(R), SisuDiesel(TM), Soilteq(TM), Spra-Coupe(R), Sunflower(R), TerraGator(R), Tye(R), Valtra(R), White(TM), and Willmar(R). AGCO provides retail financing through AGCO Finance in North America and through Agricredit in 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.

SOURCE: AGCO Corporation

CONTACT:          AGCO Corporation, Duluth
                  Molly Dye, 770-813-6044
                  or
                  Andy Beck, 770-813-6083

Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.

Copyright (C) 2004 Business Wire.  All rights reserved.

SOURCE: AGCO Corporation