OMAHA, Neb.--(BUSINESS WIRE)--Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) (“Berkshire”) and XTRA Finance Corporation (“XFC”) today announced that they have extended the expiration date of a registered exchange offer to September 18, 2007. The exchange offer is an offer to exchange up to $400,000,000 of XFC’s newly registered 5.150% Senior Notes due 2017 (the “Exchange Notes”) for an equal amount of its privately placed 5.150% Senior Notes due 2017 (the “Original Notes”).

As of 5:00 p.m. (Eastern time) today, the original expiration date of the exchange offer, approximately $398,240,000 in aggregate principal amount of the Original Notes had been tendered for exchange. Berkshire and XFC will accept for exchange any and all Original Notes validly tendered and not withdrawn prior to the new expiration date of these exchange offers at 5 p.m. (Eastern time) on Tuesday, September 18, 2007, unless extended. Berkshire and XFC do not currently intend to extend these exchange offers any further.

The Exchange Notes are substantially identical to the Original Notes, except that the Exchange Notes have been registered under the Securities Act of 1933, as amended, and will not bear any legend restricting their transfer. The terms of the exchange offer and other information relating to Berkshire and XFC are set forth in a prospectus dated August 13, 2007. Copies of the prospectuses and the related letters of transmittal may be obtained from The Bank of New York Trust Company, N.A., which is serving as the exchange agent for the exchange offer. The Bank of New York Trust Company, N.A.’s address, telephone and facsimile number are as follows:

         The Bank of New York Trust Company
         Corporate Trust Dept. -- Reorganization Unit
         101 Barclay Street, 7E
         New York, NY 10286
         Phone: 212-815-3738
         Fax: 212-298-1915

This announcement is neither an offer to sell nor a solicitation of an offer to buy or exchange the Exchange Notes or the Original Notes. The exchange offer is made solely pursuant to the prospectus dated August 13, 2007, including any supplements thereto.