AGCO Appoints Matti Ruotsala Vice President and Managing Director of VALTRA EAME

Mr Ruotsala is currently Senior Vice President and Deputy to theCEO of KCI Konecranes Plc, the world's leading company in electricoverhead travelling cranes, harbour and shipyard cranes and electrichoists. The Company has 4,800 employees and in 2004 reported sales ofEUR 728 m. Between 2001 and March 2005, Mr Ruotsala was KCI's ChiefOperating Officer and Deputy to the CEO with profit & lossresponsibility for the group's global business operations.

Mr Ruotsala is a graduate of Helsinki University with an MSc inIndustrial Engineering & Business Administration. He has worked forKCI since 1982 and has previously held senior positions in Marketing,R&D, Sales, Mergers & Acquisitions and KCI's business operations inAsia Pacific. He speaks four languages.

In his new role Mr. Ruotsala will be the Managing Director ofValtra Oy in Suolahti, Finland and will be responsible for AGCO'sValtra Tractor Brand business in Europe, Africa and Middle East.Valtra is the market leader for tractors in the Nordic region ofEurope and also has significant sales throughout EAME and LatinAmerica. In 2004 Valtra achieved sales of USD 732 m.

Mr. Ruotsala will report to Gary Collar, Senior Vice President,General Manager AGCO EAME, and will be joining AGCO in early Autumn2005.

Mr. Ruotsala said, " I am delighted to be joining AGCO at such atime. AGCO's global growth is impressive and Valtra is making animportant contribution to that growth. I look forward to working withthe Valtra team to develop still further Valtra's contribution toAGCO's ambitious plans for the future".

Mr. Collar said "Matti Ruotsala is a very experiencedinternational executive who will provide leadership in the continuedprofitable growth of the Valtra Brand and increase AGCO's managementstrength. Matti's global experience will contribute to Valtra brandgrowth both inside and outside the Nordic region".

AGCO Corporation, headquartered in Duluth, Georgia, is a globalmanufacturer and distributor of agricultural equipment and relatedreplacement parts. AGCO products are distributed in more than 140countries. AGCO offers a full product line including tractors,combines, hay tools, sprayers, forage, tillage equipment andimplements through more than 3,900 independent dealers anddistributors around the world. AGCO products are distributed under thevarious 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), Terra-Gator(R), Valtra(R), and White(TM)Planters. AGCO provides retail financing through AGCO Finance in NorthAmerica and Australia and through Agricredit in 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.

AGCO Ltd (NYSE:AG)