IN THIS REPORT:                                         REPORT OVERVIEW:

EXECUTIVE SUMMARY

OPERATING RESULTS

   Net Sales by Geographic Location
   AGCO Corporation Sales by Product
   Segment Sales and Operating Income
   Manufacturing and Other Facilities
   Marketing and Distribution
   Corporate Leadership

CORPORATE STRATEGY

PRODUCT ANALYSIS

   AGCO Corp: Brands and Products
   North American Machinery Sales
   North American Machinery Production
   Farm Tractors
   Harvesting Combines
   Sprayers
   Other Immplements
   Parts

AGCO is third largest manufacturer and distributor of agricultural equipment and related replacement parts in the world based on annual net sales. The company was organized in 1990 by an investment group in order to acquire Allis-Chalmers, which began manufacturing and selling agricultural equipment in the early 1900�s. Today, AGCO offers a full range of agricultural equipment including tractors, combines, hay tools, sprayers, and forage equipment. Its products are marketed under the AGCO, AgcoAllis, AgcoStar, Ag-Chem, Challenger, Farmhand, Fendt�, Fieldstar, Gleaner, Glencoe, Hesston, Lor *Al, Massey Ferguson, New Idea, RoGator, SoilteqTM, Spra-Coupe, Sunflower, Terra-Gator, Tye, White, and Willmar brand names.