CNH GLOBAL AND ALLIANCE PARTNER KOBELCO PROVIDE TSUNAMI AID

 

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Communications (+1) 847 955-3939

 

Lake Forest, Illinois (January 13, 2005)  CNH Global N.V. (NYSE:CNH) and its global alliance partner Kobelco Construction Machinery Co., Ltd., have jointly pledged to contribute $1 million in aid to the areas devastated by the Indian Ocean earthquake and tsunami that struck on December 26, 2004.

 

This aid includes the supply of relief goods and construction equipment with operators and/or engineers at no cost to disaster-stricken areas.

 

CNH Global and Kobelco employees immediately responded to the crisis.  Kobelco Construction Machinery Co., Ltd., through its subsidiaries in Singapore, provided relief goods to areas in the region impacted by the Indian Ocean tsunami.  CNH Global employees and dealers provided immediate cash contributions to organizations involved in relief operations.

 

"CNH and Kobelco can be proud of the efforts of their employees around the globe to support relief organizations and operations in the wake of this catastrophe," said Paolo Monferino, President and Chief Executive Officer, CNH Global N.V.

 

"Our employees are very active in responding to the tsunami aftermath, and we encourage their further individual contributions," Monferino said.

                              

The rebuilding process in South and Southeast Asia will require a long-term, sustained effort, and CNH and Kobelco pledge to lend their support and assistance no matter how long it takes.

 

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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 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.