Textron Financial Support for Jacobsen Still Strong

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Charlotte, N.C. (January 26, 2009) -- Despite recent news of a pending liquidation of many Textron Financial Corporation (TFC) assets, the company's commitment to financing turf equipment from Jacobsen, a Textron Inc. (NYSE: TXT) company, and Cushman utility vehicles remains as strong as ever.

A December announcement by Textron stated the company would sell or liquidate approximately $7.9 billion of the $11.4 billion portfolio of Textron Financial. TFC will, however, continue to finance customer purchases of Textron-manufactured products, including all Jacobsen turf equipment, Cushman and E-Z-Go products related to the golf and turf industries.

"TFC's support for Jacobsen is unwavering, and our dedication to our customers is resolute," said Joe Cunningham, Jacobsen vice president of marketing. "Jacobsen customers can expect the same level of commitment now that we have been known for since we started making mowers in the 1920s – and that commitment includes producing the finest turf equipment available today, financing that equipment, and providing industry-leading product support for each of our machines."

For more information about Jacobsen products, visit www.Jacobsen.com, or call 1-888-922-TURF.

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