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Communications (+1) 847 955-3939

March 19, 2004 (Lake Forest, Illinois ) The Board of Directors of CNH Global N.V. (NYSE:CNH) has recommended a dividend of $. 25 per share for the year 2003. Payment of the dividend is subject to approval at the Annual Shareholders Meeting, which will be held on April 26, 2004, at the company's registered offices in Amsterdam, the Netherlands. If approved, the dividend will be payable on May 25, 2004 to shareholders of record at close of business on May 18, 2004.

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CNH is the power behind leading agricultural and construction equipment brands of the Case and New Holland brand families. Supported by more than 12,000 dealers in approximately 160 countries, CNH brings together the knowledge and heritage of its brands with the strength and resources of its worldwide commercial, industrial, product support and finance organizations. More information about CNH and its products can be found on line at www.cnh.com.