Modine Wins $35.0 Million Program to Provide Oil Coolers and Fuel Cooler Modules to International Truck and Engine.

RACINE, Wis. -- Modine Manufacturing Company (NYSE:MOD), a world leader in designing and developing heating and cooling solutions for a diversified group of markets including truck, agriculture, automotive, heavy-duty and industrial, announced today it has won a new program from International Truck and Engine Corporation (NYSE:NAV) to help keep their new 2007 6.4L Power Stroke Diesel Engine lube oil and diesel fuel systems running cool. This order is expected to generate sales exceeding $35.0 million per year to Modine for the three years of the program.

Modine will supply high efficiency lube oil coolers and diesel fuel cooler modules, engineered specifically for diesel engines used in heavy duty F-Series pickup trucks. In addition to the base fuel cooler, Modine developed and will assemble a fuel cooler module with associated brackets. These products will be manufactured at Modine's Lawrenceburg, Tennessee facility beginning in August, 2006. The facility employs 250 workers with nearly 150,000 square feet of manufacturing and support space.

International anticipates the annual volume to be more than 330,000 units. These components will help International and its customers meet the new more strict emissions standards required by the United States Environmental Protection Agency for all trucks manufactured on and after January 2007.

"This is a continuation of a long relationship between International and Modine. We were selected because our engineers worked with International to find the best solution to these tough emissions and packaging challenges. We look forward to continuing to push the boundaries as emissions standards tighten even further in the future," said Charles Katzfey, Modine Group Vice President.

Modine and International have worked together successfully on the Power Stroke family of diesels since the 1980s. "Using oil side turbulators, as well as unique plate geometries, Modine's engineers were able to package the lube oil cooler and fuel cooler in a tight space," said Joe Sagat, Modine Program Manager. "These high performance, aluminum brazed products are a growth opportunity for our company. We also recognize managing the design and integration of components that interact with our core products is important to our customer and a value that Modine supplies."

In the last three years the engine lube oil systems have become an even bigger challenge because the horsepower of the engines continues to grow, while the engine compartments remain the same size. In addition, fuel injection pressures continue to increase, which means hotter fuel to be cooled. So suppliers now have a real challenge, to cool high heat loads with less engine coolant flow available for the additional heat transfer products. Modine and its design engineers are solving this problem, and offering bundled solutions with proven performance.

About Modine

Founded in 1916, with fiscal 2006 revenues from continuing operations of $1.6 billion, Modine specializes in thermal management systems and components, bringing highly engineered heating and cooling technology and solutions to diversified global markets. Modine products are used in light, medium and heavy-duty vehicles, HVAC (heating, ventilating, air conditioning) equipment, industrial equipment, refrigeration systems, fuel cells, and electronics. Based in Racine, Wisconsin, the company has approximately 8,000 employees at 34 facilities in 15 countries worldwide. For information about Modine, visit www.modine.com.

About International Truck and Engine Corporation

International Truck and Engine Corporation is the operating company of Navistar International Corporation (NYSE:NAV). The company produces International(R) brand commercial trucks, mid-range diesel engines and IC brand school buses and is a private label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. The company 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.internationaldelivers.com.

Statements made in this press release regarding future matters are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including those regarding a positive impact from new business programs, exploitation of technology, expansion into niche markets, incremental business and continuing market strength are based on Modine's current expectations. Modine's actual results, performance or achievements may differ materially from those expressed or implied in these statements because of certain risks and uncertainties including, but not limited to, market acceptance and demand for products and technologies; successful launch by Modine of the above described program; success of the above described platform in which Modine's products are included; non-cancellation of the platform or Modine as a supplier; the ability of Modine, its customers and suppliers to achieve projected sales and production levels and avoid unanticipated product or manufacturing difficulties; and other factors affecting Modine's business prospects discussed in filings made by Modine, from time to time, with the SEC including the factors discussed in the "Cautionary Factors" section in Item 7 of the Company's most recent Annual Report on Form 10-K and its periodic reports on Form 10-Q. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.