Deere & Company Announces Redemption of 8.95% Debentures

    MOLINE, Ill., April 17 /CNW/ -- Deere & Company today announced that it
has elected to redeem on June 15, 2009 all of its outstanding 8.95%
Debentures, due June 15, 2019 (CUSIP Number 244199 AR 6).  The redemption
price will be equal to 100% of the par value of the Debentures.  Semi-annual
interest payable on June 15, 2009 will be paid to the record holder in the
normal and customary manner.

    Payment will be made upon presentation and surrender of the Debentures:
if by hand, at The Bank of New York Mellon (successor to Continental Illinois
National Bank and Trust Company of Chicago), 101 Barclay Street, New York, New
York, 10286; if by First Class/Registered/Certified mail, to The Bank of New
York Mellon, Institutional Trust Services, P.O. Box 2320, Dallas, Texas,
75221-2320; and if by Express delivery, to The Bank of New York Mellon,
Institutional Trust Services, 2001 Bryan Street-9th Floor, Dallas, Texas,


For further information:

For further information: Ken Golden, Director, Strategic Public
Relations of Deere & Company, +1-309-765-5678 Web Site:

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