Growers throughout the United States and Canada buying seed from Pioneer Hi-Bred will be able to finance their purchases through an enhanced credit program that broadens grower options and expands crop protection product choices financed through the program.

One option, the TruChoice(SM) Opportunity Program, offers growers financing for their seed
purchases and qualified herbicides at 3.5 percent below the prime interest rate. Other credit
programs offered to qualified Pioneer customers include financing for seed purchases at 2.5 percent below prime.

"Certainly, the first seed decision a grower should make is plant genetics, and Pioneer provides its customers with a range of the highest yielding hybrids and varieties in the marketplace for the
greatest value per acre,'' says Jerry Armstrong, vice president for North American Seed Sales,
Pioneer Hi-Bred. "Once those decisions are complete, then the grower needs to decide on
financing. These credit programs offered by Pioneer will help producers better manage financing to get the most from each acre during this period of low commodity prices.''

Pioneer customers who choose the TruChoice program can finance both seed and herbicide
purchases at 3.5 percent below the prime interest rate. American growers who meet seed and
herbicide purchase requirements can include the following corn herbicides in their finance package: Accent Gold(1), Accent(1), Basis Gold(1), Basis(1) and Leadoff(1) from DuPont and Dual(2) and Bicep(2) from Novartis. This marks an expansion of the crop protection choices offered to growers in the TruChoice program last year. Canadian farmers can include Accent(1), Ultim(1), Ultimax(1) and Elim(3) EP.

In the US, the following soybean herbicides from DuPont are available for financing under the
TruChoice program once corn treatment requirements are met: Canopy(1) XL, Canopy(1) SP,
Canopy(1) DF, Classic(1), Authority(4), Assure(1) and Synchrony(1) STS(1). In Canada, soybean
herbicides include Assure II(1), Classic(1), Pinnacle(1), Lexone(1), Lorox(1), DuPont Sencor(5)
and Reliance(3) STS(1).

The TruChoice program in Canada does not include the Novartis products, nor is it available outside of the provinces of Ontario and Quebec.

For 2001 seed purchases, Pioneer offers deferred payment credit at 2.5 percent below prime for
growers who meet seed purchase requirements and opt not to finance herbicide purchases through the program.

Additional financing choices are also available for Pioneer seed customers. For details on all these programs, contact your local Pioneer sales professional.

In most North American regions, Pioneer also offers an Early Pay Savings discount for purchases
made by selected dates and a Quantity Savings program, based on total dollars spent on Pioneer® brand products. Pioneer sales professionals will be able to provide details.

Pioneer Hi-Bred International, Inc., a DuPont business, is the world's leading developer and supplier of advanced plant genetics to farmers worldwide. With headquarters in Des Moines, Iowa, Pioneer develops, produces and markets a full line of top-quality seeds, forage and grain additives and provides services to customers in nearly 70 countries. Canadian operations are located in Chatham, Ontario. DuPont is a science company, delivering science-based solutions that make a difference in people's lives in food and nutrition, health care, apparel, home and construction, electronics and transportation.

For additional information about our company or our products, check the Pioneer World Wide Web site: http://www.pioneer.com  

(1) Registered trademark of E.I. du Pont de Nemours and Company
(2) Registered trademark of Novartis Corporation
(3) Registered trademark of DuPont Canada Inc.
(4) Registered trademark of FMC Corporation
(5) Registered trademark of Bayer AG

For more information contact 
Jerry Harrington (US), 800-247-6803, ext. 6908, harringtonje@phibred.com, or 
Art Stirling (Canada), 800-265-9435, ext. 6724, stirlinga@phibred.com, 
both of Pioneer Hi-Bred International, Inc. 

Company news release
N3096