De Lage Landen signs finance program agreement with Same Deutz-Fahr in UK

Eindhoven, The Netherlands, 17th December 2010 De Lage Landen and Same Deutz- Fahr Group today announce the signing of a national finance program agreement between the two entities in the United Kingdom. There has been a long relationship between the two with a well established program in the USA, and the opportunity to expand the relationship into Europe was very welcome.

Under this agreement, De Lage Landen will act as the exclusive financial provider for the equipment sold by the Same Deutz-Fahr in the UK, operating under the label SDF Financial Services from 1st January 2011.

As a world-class manufacturer in agricultural equipment, and one of the leaders in the market, this partnership with Same Deutz-Fahr will enable De Lage Landen to further grow its presence in the marketplace, whilst supporting the commitment of SDFs financial offering to its customers.

“SDF UK Ltd, and SDF Financial services are proud to be associated with De Lage Landen, a company that has such a long history of managing the retail finance business in the UK and Ireland, comments Steve Beasley, CEO Nordic Business Operations SAME DEUTZ-FAHR UK LTD. Our association will bring our customers a service that is second to none, and one that can offer them the very latest in competitive, tailored financial products.”

It is a privilege to work with a leading vendor partner like Same Deutz Fahr, adds Tom Meredith, President Global Business Unit Food & Agriculture, De Lage Landen. As a true partnership, we shall work closely together as one, in order to achieve mutual success for the future.

De Lage Landen is growing in the agricultural machinery market place with additional vendor partners, not least by exploiting its extensive global network. The unique value that De Lage Landen brings to its vendor partners is proving very appealing right now comments Simon Warbey VP New Business Development. With the financial product range we now have and the advanced technology, we can truly support the sales process from factory gate to farm gate.

De Lage Landen International B.V.

De Lage Landen International B.V. De Lage Landen is a global provider of high-quality assetbased financing products. Headquartered in Eindhoven (the Netherlands), De Lage Landen is 100% owned by Rabobank. This Dutch bank is Triple-A rated by the major rating agencies Moodys and Standard & Poors.

With offices and joint ventures in more than 35 countries worldwide, De Lage Landen specializes in asset financing and vendor finance programs on a worldwide scale. The global offering also includes an array of commercial finance solutions. The company focuses on the following industries: Food & Agriculture, Healthcare, Office Equipment, Technology Finance, Financial Institutions, Transportation and Construction & Industrial.

De Lage Landen also offers private-label leasing programs for the Banking industry, and delivers a broad range of financial services to leasing organizations and non-banking financial institutions. In the Netherlands, De Lage Landen offers a broad range of financing products, both through local Rabobanks and directly to the market. These products include Equipment Leasing, Car and Commercial Vehicle Leasing, ICT Leasing, Consumer Finance and Factoring. Athlon Car Lease International became part of De Lage Landen Group in 2006. Athlon Car Lease International is an international provider of operational car leasing, active in nine European countries. For more information, please visit our website: www.delagelanden.com.

Same Deutz-Fahr Group

The SAME DEUTZ-FAHR (SDF) Group, located in Treviglio (BG), is one of the leading global manufacturers of tractors, harvesters, agricultural machinery and engines.

Its products are made and sold worldwide under the SAME, DEUTZ-FAHR, Lamborghini and Hrlimann brands.

The range of tractors covers engine sizes from 30 to 270 HP, and the range of harvesters goes from 120 to 450 HP.

In 2009, SDF, which employees around 2400 people worldwide, recorded net sales of 876.4 million euros and an EBIT of 6.5 million euros. SDF owns 45% of DEUTZ AG, one of the leading independent manufacturers of diesel engines, listed on the Frankfurt Stock Exchange.