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New Series Track Tractors Takes Performance and Comfort to New Levels

DULUTH, Ga.--April 7, 2005--More power, greater comfort and a new engine highlight the Challenger(R) MT700B Series track tractors, designed to maximize productivity in any type of operation. Ranging from 225 to 265 PTO horsepower, the three new MT700B Series combine new technology and convenience with the proven traction, flotation and performance producers have come to expect from Challenger track tractors.

"One of the most prominent features on the MT700B Series is the new Caterpillar(R) C9 ACERT(TM) Tier III diesel engine," said Tim Miller, general marketing manager for Challenger track tractors. "While most engine manufacturers resorted to other methods to meet aggressive Tier III standards, including exhaust gas recirculation, Caterpillar took an entirely different path, developing more than 250 patents in the process," continued Miller. "In essence, the ACERT technology utilizes better control of the combustion process to meet emissions standards without sacrificing power, performance or reliability. On the contrary, we've boosted horsepower on every model, compared to the previous MT700 Series."

With 537 cubic inches (8.8 L) of displacement, air-to-air aftercooling and four valves per cylinder, the C9 ACERT engine generates 225 PTO hp in the MT745B; 245 PTO hp in the MT755B; and 265 PTO hp in the MT765B.

In addition to the clean horsepower, the new MT700B Series tractors are also generous on comfort and convenience. The cab sound level has been noticeably reduced, and customers have a number of new options from which to choose, including a new semi-active operator's seat that allows for 170 mm of vertical stroke and continuous real-time automatic damping force in response to terrain inputs.

The MT700B Series' Intellitronics(TM) electronic system boasts new upgrades from a programmable transmission for starting in any gear between one and seven to a default gear setting and selected Power Management mode, both which can be retained after shut down.

"The Tractor Management Center (TMC) display also includes a real-time track tension monitor that detects and displays the pressure exerted on each track belt," said Miller. "In addition, the upper alarm limit has been reduced to warn the operator of potential belt damage due to stretching."

"From the beginning, Challenger track tractors have been designed and built to meet the needs of today's bottom-line-oriented farmer," Miller concludes. "These new MT700B Series models, which boost power, technology and comfort to even higher levels, are certainly no exception."

About AGCO

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 3,900 independent dealers and distributors around the world. AGCO products are distributed under the various well-known brand names AGCO(R), Challenger(R), Fendt(R), Gleaner(R), Hesston(R), Massey Ferguson(R), New Idea(R), RoGator(R), Spra-Coupe(R), Sunflower(R), TerraGator(R), Valtra(R), and White(TM) Planters. AGCO provides retail financing through AGCO Finance in North America and through Agricredit in Australia, the United Kingdom, France, Germany, Ireland, and Brazil. In 2004, AGCO had net sales of $5.3 billion.

Please visit our website at www.agcocorp.com.