July 02, 2008

Navistar CFO Assumes New Role as Chief Risk Officer; Treasurer Steps Up to CFO Post

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WARRENVILLE, IL – With its strategic focus on global growth, Navistar International Corporation has established the role of chief risk officer to proactively manage risk and strengthen internal controls. Bill Caton, formerly executive vice president and chief financial officer, has been named to this executive role.

Terry Endsley, formerly senior vice president and treasurer, succeeds Caton as executive vice president and chief financial officer. Endsley also assumes Caton’s seat on Navistar’s Board of Directors.

In addition to his financial leadership role at Navistar, Caton has an extensive operational background, including experience in the acquisition and divestiture of companies. For the past two years, Caton oversaw Navistar’s financial restatement and reporting effort. The company will become a fully current filer this month when it files 2008 first and second quarter financials.

Endsley joined Navistar in 1977, and has served in various roles within the company’s accounting and finance organization. Succeeding Endsley as treasurer is Jim Moran, current vice president and assistant treasurer. Moran joined the company in 2005 from RR Donnelley, where he served as treasurer.

For more information, visit www.navistar.com/newsroom.

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