The National Thoroughbred Racing Association (NTRA), John Deere and John Deere Credit today announced that low variable and fixed installment rates plus a special low-rate lease are available on select John Deere equipment to NTRA members through NTRA Purchasing. The offer extends now through April 30, 2003 and is in addition to the special prices available on John Deere equipment offered to NTRA members. All Texas Horsemen’s Partnership (THP) members are eligible to take advantage of this offer through NTRA Purchasing.

Installment and lease terms ranging from one to five years are available, as are monthly, quarterly, semi-annual or annual payment schedules. For more information contact NTRA Purchasing toll-free at (866) 678-4289.

John Deere Credit is one of the largest equipment finance companies in the United States, with more than 1.6 million accounts and a managed asset portfolio of nearly $15 billion. It provides retail, wholesale and lease financing, offering credit for agricultural, construction, commercial and consumer equipment – including lawn and grounds care – and revolving credit for agricultural inputs and services.

The NTRA is a broad-based coalition of horseracing interests, including the American Quarter Horse Association, charged with increasing popularity of horseracing and improving economic conditions for industry participants. The NTRA and Breeders’ Cup Limited also conduct the Breeders’ Cup World Thoroughbred Championships, Thoroughbred racing’s year-end Championships consisting of eight races and $13 million in purses and awards, the Breeders’ Cup Stakes Program and the Great State Challenge. The NTRA has offices in Lexington, Ky., and New York City. NTRA press releases appear on the NTRA Web site, ntra.com.

*6.9% Lease Rate available to customers in states exempt from property taxes; other lease rates are available in states charging property taxes. Lease program available only on new John Deere 6000, 7000 and 8000 Series tractors.

The above finance options are in lieu of any other published John Deere Credit finance incentives; offer valid in the U.S. only and subject to John Deere Credit approval.