ASHLEY INDUSTRIAL MOLDING

2005 SUPPLIER OF THE YEAR

FOR

JOHN DEERE CONSTRUCTION & FORESTRY DIVISION

Ashley Industrial Molding, a leading manufacturer of molded products and assemblies for the Industrial and Agricultural markets announced that it will receive John Deere Construction and Forestry Division’s Supplier of the Year Award.  Ashley Industrial Molding is the recipient of one of only four such awards given by John Deere in North American out of approximately 3000 suppliers.

With the award, John Deere, a leading manufacturer of construction, forestry and agricultural equipment, recognizes a supplier that excels in the five areas rated in their Achieving Excellence program: Quality, Delivery, Technical Support, Wavelength (relationship), and Cost Management.

“We are really pleased to be selected as the Deere Construction & Forestry Supplier of the Year,” said Rod Schoon, President, Ashley Industrial Molding.  “This award is a great honor for our team, recognizing our partnership with John Deere and our commitment to meeting the targets set by Achieving Excellence. Going forward, we will continue to align our resources to deliver superior results and value-added solutions to  John Deere.”

About John Deere.

John Deere (Deere & Company -NYSE:DE) is the world's leading manufacturer of agricultural and forestry equipment; a leading supplier of equipment used in lawn, grounds and turf care; and a major manufacturer of construction equipment. Additionally, John Deere manufactures engines used in heavy equipment and provides financial services and other related activities that support the core businesses. Its homepage can be found at www.johndeere.com.

About Ashley Industrial Molding, Inc.

Ashley Industrial Molding, headquartered in Ashley, Indiana, is a leading manufacturer of molded products and assemblies for the Industrial and Agricultural markets.  Ashley Industrial Molding is a management owned company that manufactures products for John Deere, AM General, CNH, Pella and others.  Ashley Industrial Molding’s foundation for success is built on programs that emphasize safety, quality and delivery and involvement of employees.  Its homepage can be found at www.ashinmold.com.