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John Shea, 202-690-0437

FCIC BOARD APPROVES TWO ADDITIONAL STATES FOR BIOTECHNOLOGY PILOT

WASHINGTON, Nov 24, 2008 - USDA's Federal Crop Insurance Corporation Board of Directors, at its Nov 20, 2008 meeting, approved Kansas and Nebraska for a premium rate reduction for producers who plant Pioneer and Dow AgroSciences Herculex' Xtra and Herculex' Xtra RR2' hybrids for irrigated and non-irrigated corn for grain. The request to add these two States was submitted by Stonington Insurance Company and Agro National, LLC, in conjunction with Dow AgroSciences, LLC, and Pioneer Hi-Bred International, Inc.

The Board's approval of these two States is in addition to those previously approved Aug 14, 2008.

Consistent with the earlier Board approval, these premium discount programs are conditioned upon the submitters' cooperation with RMA to develop a single unified biotechnology endorsement.

RMA and the applicable submitters are working on the development of a single unified biotechnology endorsement and associated procedures that will be used for 2009.

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