X0202 4 2005-12-31 0 0000315189 DEERE & CO DE 0001055687 KELLY ARTHUR L SUITE 2222 20 SOUTH CLARK STREET CHICAGO IL 60603 1 0 0 0 Phantom Stock Units 0 2005-12-31 4 A 0 31.2 68.11 A Common Stock 31.2 3585.883 D The security converts to common stock on a one-for-one basis. The phantom stock units were accrued under the Issuer's Nonemployee Director Deferred Compensation Plan and are to be settled solely in cash beginning in the calendar year following the reporting person's retirement from the Issuer's Board. The reported holdings of the phantom stock units include units acquired in dividend reinvestment transcations that are exempt from line-item reporting. As of the transaction date, the reporting person directly beneficially owned 12,097 $1 par comon shares of the Issuer and indirectly beneficially owned 4,200 $1 par common shares of the Issuer through an estate trust. 12,097 of the directly owned shares are restricted shares acquired under the Issuer's Nonemployee Director Stock Ownership Plan. /s/Michael A. Harring, Associate General Counsel,Deere & Company, As Power of Attorney 2006-01-03