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Rabobank America creates new agricultural advisory board

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St. Louis, Missouri
April 1, 2008

Rabo AgriFinance and Rabobank, N.A. have assembled clients from fields and farms across the United States for a new agricultural advisory board, the Rabo Production Agriculture Advisory Board.

Rabo AgriFinance and Rabobank, N.A. are the U.S. farm financing and retail banking arms, respectively, of Rabobank Group, the world's leading bank to the global food and agriculture industry. Rabo AgriFinance provides a full suite of financing solutions to production agriculture clients across the United States. Rabobank, N.A. is a mid-size community bank serving agricultural and other customers across a 700-mile expanse of California.
Clients from both businesses were invited to join a new advisory board -- the Rabo Production Ag Advisory Board -- that will help Rabobank gain insight into issues affecting production agriculture in the United States, and better position the bank to meet the needs of its clients in all agricultural sectors.

"Our customers are the best source of knowledge about what is actually taking place on the farm, within the herd, throughout the orchard, or in the field," said Rick Henderson, President and Chief Executive Officer of Rabo AgriFinance. "The agriculture industry is evolving rapidly these days, and as a committed partner to U.S. farmers and ranchers, we also must respond and adapt to the changes our clients face. The Rabo Production Ag Advisory Board allows us to stay on top of and ahead of industry trends and issues so that we can further strengthen our products, provide solutions to new challenges, and improve our overall business offering. We are delighted and proud to welcome these important clients -- all leaders in their respective sectors -- as key business advisors on this Board, and look forward to benefiting from their years of experience, knowledge and deep talents."

The first meeting of the Rabo Production Ag Advisory Board was held in late February in Arizona. The Board is made up of about 15 Rabo AgriFinance and Rabobank, N.A. clients, representing a wide variety of production ag sectors ranging from cattle and dairy to fruits, vegetables, vineyards, corn and soybeans. The Board will meet annually to discuss key strategic issues and challenges affecting production agriculture overall and individual sectors as appropriate. Additionally, the clients on the Board will be asked to help Rabobank identify opportunities for new products and services, suggest areas for improved service performance, and anticipate key trends and developments that will affect production agriculture in the years ahead.

The feedback from Rabo's client advisors will also be used to inform the research activities of Rabobank's Food & Agribusiness Research and Advisory (FAR) department, a global team of analysts who conduct research on subjects of strategic interest to Rabobank's clients in the food and agriculture industry. The FAR research reports are provided to Rabobank clients to help them understand agricultural issues and trends in domestic and international markets, and to position their ag businesses accordingly.

"Founded as a cooperative bank in the 1890s by Dutch farmers, Rabobank over the last century has retained its primary focus on serving customers and financing agriculture," said Cor Broekhuyse, General Manager of Rabobank International-Americas. "The new Rabo Production Ag Advisory Board, like our other client advisory boards, will ensure that Rabobank's business activities stay aligned with the needs of our clients and our clients' best interests remain top of mind. We greatly value the expert insights and counsel from these leaders in U.S. production agriculture, whose contributions will help strengthen Rabobank's position as the most knowledgeable, committed and resourceful financial partner to the global food and agriculture industry."

The Rabo Production Ag Advisory Board includes these and other members:

Bob Terry - Fisher Farms Brian Hemann - Tuls Dairy Farm, Oregon Kansas
Cass Gebbers - Gebbers Farms David Freed - Silverado WineGrowers, Washington California
Don Villwock - Villwock Farms Ernest Oberg - Oberg Farms, Indiana Minnesota
Gaylon Lawrence, Jr. - Lawrence Group John Foster - West Coast Turf, Tennessee California
Milo Ferini - Betteravia Farms Robert Funk - Express Ranches, California Oklahoma
Roy Brown - Cattle Empire Steve Foglesong - Foglesong Farm, Kansas Illinois
Tom Nunes, Jr. - Foxy Produce Tony DeGroot - DeGroot Dairies, California California

Rabo AgriFinance, headquartered in St. Louis, Missouri, originates and services agricultural loans for farmers and ranchers throughout the United States. Rabo AgriFinance offers a comprehensive suite of agricultural financial services and crop insurance through a network of relationship managers and loan production offices across the U.S. With over 300 employees and roughly $5 billion in assets under management, Rabo AgriFinance is one of the largest agricultural lenders in America.

Rabobank, N.A. is a California community bank that provides personalized service and a full array of quality products to individuals, businesses, commercial real estate developers and investors, and agricultural clients. With 80 retail offices and 13 financial service centers, Rabobank, N.A. serve the needs of communities from Sacramento to the Mexican border with California through local decision making and active community involvement by our employees. www.RabobankAmerica.com

From its century-old roots in the Netherlands, Rabobank today is one of the 25 largest banks in the world and, as one of the few banks with a AAA credit rating from both Standard & Poor's and Moody's, ranks among the safest banks in the world. In the Americas, Rabobank is a specialist in customer-driven solutions in the capital markets and structured finance arenas, a community-focused mid-size California bank, a premier financial partner to the entire American food and agribusiness industry, and a leading provider of agricultural financing products to U.S. farmers, ranches, input suppliers and agricultural manufacturers.

 

 

 

 

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