John DeereConference Call Information Slides 2007 2nd

- Deere reported a 21% increase in income from continuing operations in Q2 2007 compared to Q2 2006. Diluted EPS from continuing operations was up 25%. - For fiscal year 2007, Deere forecasts net sales to increase 6% and net income to be around $1.55 billion, up from its previous forecast of $1.4 billion. - In agricultural equipment, Q2 net sales increased 14% and production tonnage was up 7%. For fiscal 2007, net sales are forecasted to increase 13% and production tonnage to increase 11%. - In commercial and consumer equipment, Q2 operating profit increased 18% despite flat net sales. For fiscal 2007, net sales are forecast