<AsiaNet> CNH Announces Extension of Senior Notes Exchange Offer

(LAKE FOREST, Ill., July 21 AsiaNet=연합뉴스)

CNH Global N.V. (NYSE: CNH) today announced that its wholly owned

subsidiary, Case New Holland Inc., has extended the expiration date of its

offer to exchange up to $500,000,000 in aggregate principal amount of its

registered 7.125% Senior Notes due 2014 for its outstanding unregistered 7.125%

Senior Notes due 2014.

The exchange offer, which was originally scheduled to expire at 5:00 p.m.,

New York City time, on July 21, 2006, will now expire at 5:00 p.m., New York

City time, on July 26, 2006. Through 5:00 p.m., New York City time, on July

21, 2006, $499,350,000 in aggregate principal amount of the outstanding 7.125%

Senior Notes due 2014 have been tendered to the exchange agent by the holders

thereof.

The exchange agent for the exchange offer is Wells Fargo Bank, N.A.,

Corporate Trust Services, MAC N9303-120, Sixth & Marquette Avenue,

Minneapolis, Minnesota 55479. For information call +1-800-344-5128.

This press release does not constitute an offer to sell or a solicitation

of an offer to buy any of the senior notes, nor will there be any sale of the

senior notes in any state in which such offer, solicitation or sale would be

unlawful prior to registration or qualification under the securities laws of

any such state.

CNH Case New Holland, a majority-owned subsidiary of Fiat S.p.A.

(FIA.MI; NYSE: FIA), is a world leader in the agricultural and construction

equipment businesses. Supported by more than 11,000 dealers in 160 countries,

CNH brings together the knowledge and heritage of its Case and New Holland

brand families with the strength and resources of its worldwide commercial,

industrial, product support and finance organizations. CNH Global N.V. stock

is listed at the New York Stock Exchange (NYSE: CNH). More information about

CNH and its Case and New Holland products can be found online at www.cnh.com .

SOURCE CNH Global N.V.

CONTACT: Thomas Witom, News and Information, +1-847-955-3939

or

Albert Trefts, Jr., Investor Relations, +1-847-955-3821

both of CNH Global N.V.

Web site: http://www.cnh.com

(CNH FIA)

anet@yna.co.kr

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