PEORIA, IL – Following the previous announcement of two new group presidents, Caterpillar Inc. has announced several changes at the vice president level. Caterpillar vice president Bill Mayo will retire Feb. 1, 2008. Mayo has had responsibility of the North American Commercial Division (NACD) since 2006. He joined Caterpillar in 1979 as a service trainee, and worked in the service and product support areas for much of his career. Named fleet marketing manager for truck engines in 1991, he later served as a regional manager for commercial engine sales and service. He became general manager of the truck engine division in 1998, and was named product manager for large track-type tractors in 2001. In 2003, he became a regional manager for Europe-Africa-Middle East (EAME), based in Geneva, Switzerland. Jim Parker will replace Mayo as vice president for NACD. Parker is currently a vice president with administrative responsibility for Caterpillar’s Power Systems & OEM Solutions Division. Parker’s move will be effective Dec. 1, 2007. Also, Mary Bell will replace Ed Rapp as vice president with responsibility for the Building Construction Products Division (BCP). Rapp has been appointed a group president. Bell is currently vice president of the Logistics Division at Caterpillar. Caterpillar’s board of directors has also made the following appointments:

• Steve Larson to replace Mary Bell as a vice president with responsibility for the Logistics Division. Larson currently is part of the Logistics Division’s senior leadership team as the head of Cat Logistics Americas region.

• Tom Bluth as a vice president with responsibility for Caterpillar’s Asia Pacific Manufacturing Operations. Bluth will replace Rich Lavin who has been appointed a Caterpillar group president. Bluth is currently managing director, Caterpillar France, part of Caterpillar’s Europe-Africa-Middle East (EAME) operations organization.

• Richard Case, currently marketing manager for the North American Commercial Division, as vice president with responsibility for the newly formed Marine and Petroleum Power Division. Creation of the new Marine and Petroleum Power Division coincides with other organizational changes in Caterpillar’s engine business as the company continues to align its operations, marketing and sales efforts to better serve our customers. As part of this reorganization, Caterpillar's On-Highway Engine Marketing Division, which now reports to Jim Parker, will move to Gary Stroup, Caterpillar vice president with responsibility for the Large Power Systems Division. This move will bring all on-highway truck manufacturing operations and sales and marketing efforts into a single division.