DULUTH, Ga., July 16 /PRNewswire-FirstCall/ -- AGCO Corporation (NYSE: AG), a worldwide designer, manufacturer and distributor of agricultural equipment, announced today that its 2003 Second Quarter Earnings Release Conference Call with security analysts and institutional investors will be broadcast over the internet. As a service to investors, the quarterly conference call will be webcast live on a listen-only basis and will be available on the company's website at www.agcocorp.com.

AGCO's Second Quarter Earnings Release Conference Call is scheduled for Thursday, July 24, 2003 at 2:00 p.m. Eastern Time. Listeners should log on to the AGCO website at least fifteen minutes before the conference call to download and install any necessary audio software.

For those unable to participate in the live webcast, a replay will be available beginning approximately two hours after the conclusion of the conference call. The replay will continue to be available until Monday, July 28th at 5:00 p.m. Eastern Time. To access the replay, U.S. Domestic Callers will need to dial 888-203-1112. International Callers will need to dial 719- 457-0820. All callers will need to enter the replay code number 469253. Additional replays of the conference call will be made available on the website for twelve months following the call.

AGCO Corporation, headquartered in Duluth, Georgia, is a global designer, manufacturer and distributor of agricultural equipment and related replacement parts. AGCO products are distributed in over 140 countries. AGCO offers a full product line including tractors, combines, hay tools, sprayers, forage, tillage equipment and implements through more than 8,450 independent dealers and distributors around the world. AGCO products are distributed under the brand names AGCO(R), AgcoAllis(R), AgcoStar(R), Ag-Chem(R), Challenger(R), Farmhand(R), Fendt(R), Fieldstar(R), Gleaner(R), Glencoe(R), Hesston(R), Lor*Al(R), Massey Ferguson(R), New Idea(R), RoGator(R), Soilteq(TM), Spra- Coupe(R), Sunflower(R), Terra-Gator(R), Tye(R), White(R) and Willmar(R). AGCO provides retail financing through AGCO Finance in North America and through Agricredit in the United Kingdom, France, Germany, Ireland, Spain and Brazil. In 2002, AGCO had net sales of $2.9 billion.

Please visit our website at www.agcocorp.com.

SOURCE AGCO Corporation