JOHN DEERE BANK S.A.


As Agent Bank, please be advised of the following rate determined on:27-Dec-2006

Issue               : John Deere Bank S.A - Series 37
                      EUR 75,000,000 FRN Due 31 Mar 2011
ISIN Number         : XS0249499319
Common Code/
144A ISIN           : 249499319
Issue Nomin     EUR : 75,000,000.00
Period              : 29-Dec-2006 to 30-Mar-2007        Payment Date 30-Mar-2007
Number of Days      : 91
Rate                : 3.992
Denomination    EU  : 50,000.00     75,000,000.00
Amount Payable
per Denomination    : 504.54        756,816.67

JPMorgan Chase Bank
Rate Fix Desk                     Telephone   44 (0) 1202 32 8236
Institutional Trust Services      Facsimile   44 (0) 1202 34 7939



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