CONTENTS

• EUROPEAN AGRICULTURAL TRACTOR MARKET IN 2003
• CNH CONSOLIDATES DISTRIBUTION IN AUSTRIA
• GERMAN FARM MACHINERY OUTPUT DECLINED IN 2003
• HUNGARIAN CONSTRUCTION EQUIPMENT MARKET IN 2003
• EUROPEAN INDUSTRY ASSESSES COST OF VIBRATION DIRECTIVE
• KOBELCO CRANE UNIT REORGANISED
• MANITOWOC AND KOBELCO SIGN ALL TERRAIN CRANE SUPPLY AGREEMENT
• UK SEES GROWTH IN MICRO AND LARGE SIZE MINI EXCAVATOR SECTOR

• FINANCIAL RESULTS
• SECOND QUARTER
  • JLG – USA
• ANNUAL
  • CLAAS GROUP – GERMANY
  • FINNING – CANADA
  • GEHL – USA