John Deere Owner Trust 2004 Announces Note Redemption

    MOLINE, Ill., Feb. 15 /CNW/ -- John Deere Owner Trust 2004 today
announced that it has elected to redeem all of its outstanding Class A-4 3.02%
Asset Backed Notes and Class B 2.90% Asset Backed Notes, and make the final
distribution on its Asset Backed Certificates. This redemption will take place
today, February 15, 2008. The redemption price of the Notes and the final
distribution on the Certificates will be equal to the outstanding principal
amount of the Notes and Certificates as of the redemption date.  Today is also
a monthly Payment Date for the Notes and Certificates.

For further information:

For further information: Ken Golden, Director, Strategic Public
Relations,  +1-309-765-5678, for John Deere Owner Trust Web Site:

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