Latham Farm Plan™ Financing

Through an agreement with FARM PLAN, Latham Seeds is pleased to offer the following program to individual farmer-customers for financing soybean seed purchases from authorized Latham dealers. Farm Plan is a widely recognized and respected financing firm that began in the farm implement business and is now used by a multitude of agricultural suppliers.

2 Special Terms Programs

A. Early Season Options*

• At time of financing, these special interest rates are applicable:

Oct. 1 – Nov. 25, 2006 Prime Rate minus 2% APR

Nov. 26 – Jan. 3, 2007 Prime Rate minus 1% APR

Jan. 4 – Jan. 25, 2007 Prime Rate APR

Jan. 25 – Feb. 25, 2007 Prime Rate plus 1% APR

Feb. 26 – Mar. 25, 2007 Prime Rate plus 2% APR

• Interest is charged each month as a revolving credit, using the current Prime Rate as a basis.
• Offer is valid from Oct. 1, 2006 through March 25, 2007.
• $1,000 minimum initial purchase required.
• The special interest rate will be assessed monthly, and it starts to accrue from the date of purchase, which may be prior to the delivery of merchandise.
• Due date is the payment due date indicated on the customer’s December 2007 Farm Plan Statement.
• After due date, APR for this purchase will change to regular Farm Plan terms, which may be considerably higher.
• Customer is eligible for all Latham seed discounts except for the Early Payment Discount.

- OR-

B. Full-Season Option*

• At time of financing, this special interest rate is applicable:

Oct. 1, 2006 – Oct. 31, 2007 Prime Rate + 5.75% APR

• Interest is charged each month as a revolving credit, using the current Prime Rate as a basis.
• Offer is valid from Oct. 1, 2006 through October 31, 2007.
• Line items 4 through 8 under Early Season Opptions also apply to the Full-Season Option.

Latham Seed Company
131 180th Street
Alexander, Iowa  50420
1-800-798-3258

Fax: (641) 692-3250