Bill Caton Elected CFO at Navistar International Corporation.

WARRENVILLE, Ill. -- Bill Caton has been elected executive vice president and chief financial officer of Navistar International Corporation (NYSE:NAV), it was announced today.

Caton, who joined Navistar last October as executive vice president, finance, succeeds Robert C. Lannert, who will now focus on future strategic initiatives.

When Caton joined the company, it was announced that the company's board of directors planned to elect him chief financial officer of Navistar upon the filing of the company's 2005 10-K. Since the 2005 filing has been delayed, the board decided to act now.

Prior to joining Navistar, Caton, 55, served as the vice president and chief financial officer of Dover Diversified, Inc., a subsidiary of Dover Corporation (NYSE:DOV), a diversified industrial manufacturing company.

"When Bill Caton joined our company, I said he was the ideal choice to lead our financial strategy as we work to become a $15 billion company with 10 percent segment margins in all of our businesses," said Daniel C. Ustian, Navistar chairman, president and chief executive officer. "If anything, my comments were understated as his extensive experience in dealing with complex and technical issues has been invaluable as we continue to work to complete the review of accounting issues."

Navistar International Corporation (NYSE:NAV) is the parent company of International Truck and Engine Corporation. The company produces International(R) brand commercial trucks, mid-range diesel engines and IC brand school buses, Workhorse brand chassis for motor homes and step vans, and is a private label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. Navistar is also a provider of truck and diesel engine parts and service sold under the International(R) brand. A wholly owned subsidiary offers financing services. Additional information is available at: www.nav-international.com.