AGCO Strengthens Global Sales and Marketing Team

Atlanta (PROTEXT) - AGCO Corporation (NYSE: AG), a majorworldwide designer, manufacturer and distributor of agriculturalequipment, today announced that it has made several appointmentsto enhance its global sales and marketing team. "AGCO has the strongest worldwide distribution network in theagricultural equipment industry, and we are committed tomaintaining the strongest sales and marketing team to maximizeour performance," according to John M. Shumejda, President andChief Executive Officer of AGCO. "These appointments bolster ourglobal sales and marketing strength and empower AGCO to morefully leverage our distribution advantages around the world." The appointments are as follows: Edward R. Swingle has been appointed to the new position ofSenior Vice President, Sales and Marketing for the Americasregion. Mr. Swingle was formerly Senior Vice President, WorldwideMarketing. Adri Verhagen has been appointed to the new position of SeniorVice President, Sales and Marketing for the regions of Europe,Africa and the Middle East, and East Asia/Pacific. Mr. Verhagenwas formerly Vice President, Sales for Europe, Africa and theMiddle East. Dean B. Barnard has been appointed Vice President, Sales forNorth America. Mr. Barnard was formerly Region Sales Manager ofthe South Plains region. Declan F. Hayden has been appointed Vice President, Sales forEurope, Africa and the Middle East. Mr. Hayden was formerlyDirector of Massey Ferguson Brand Marketing for North America. Jack G. Murdoch, formerly Vice President, Sales for NorthAmerica, has been appointed Vice President of Massey FergusonBrand Marketing for North America. AGCO Corporation, headquartered in Duluth, Georgia, is aglobal designer, manufacturer and distributor of agriculturalequipment and related replacement parts. AGCO products aredistributed in 140 countries. AGCO offers a full product lineincluding tractors, combines, hay tools, sprayers, forageequipment and implements through more than 8,500 independentdealers and distributors around the world. AGCO's products aredistributed under the brand names AGCO(R)Allis, MasseyFerguson(R), Hesston(R), White, GLEANER(R), New Idea(R),AGCOSTAR(R), Black Machine, Landini, Tye(R), Farmhand(R),Glencoe(R), Deutz (South America), IDEAL, Fendt(TM), Spra-Coupe(R) and Willmar(R). AGCO provides retail financing worldwidethrough its Agricredit joint venture. In 1998 AGCO had sales of$2.9 billion. ots Original Text Service: AGCO CorporationInternet: http://www.newsaktuell.de Contact: Judith Czelusniak,Vice President, Corporate Relations, 770-813-6044, or MicheleHoward, Director, Corporate Finance, 770-813-6082, both of AGCOCorporation Company News On-Call:http://www.prnewswire.com/comp/017850.html or fax, 800-758-5804,ext. 017850 Web site: http://www.agcocorp.com

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