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John Deere Capital Corporation Retail Notes 60+ Days Past Due vs. Write-offs

Agriculture & Turf1

    • Extremely low write-offs; average ~5 bps for last 10 years

    • Even in severe Ag market of the 1980s, losses were comparatively low

      • 3.95

        %

Construction & Forestry

    • 2010 performance reflective of market conditions; improving, though conditions remain challenging

      • 3.95

        %

    • 3.45

      %

    • 2.95

      %

    • 2.45

      %

    • 1.95

      %

    • 3.45

      %

    • 2.95

      %

    • 2.45

      %

    • 1.95

      %

    • 1.45

      %

    • 0.95

      %

    • 0.45

      %

      • -

        0.05%

'83

'86 '89 '92 Net Write-offs (Ag)

'95

'98 '01 '04 '07 Installments 60+DPD (Ag)

'10

    • 1.45

      %

    • 0.95

      %

    • 0.45

      %

  • -

    0.05%

'95 '98 '01 Net Write-offs (C&F)

'04 '07 '10 Installments 60+DPD (C&F)

(1) 1982 – 1985 includes Construction; 1986 - 1994 includes Lawn & Grounds Care; beginning in 2009 includes both Ag and Turf equipment; As % of Owned Losses After Dealer Reserve Charges

Source: 1982 – 1994 internal reporting, 1995 - 2009 JDCC 10-K filings, 2010 Deere & Company 8-K filed with SEC 24 November 2010

55

| Deere & Company

| August 2011

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