LAKE FOREST, Ill. -- The Board of Directors of CNH Global N.V. has recommended a dividend of $0.25 per common share for the year 2006.

Payment of the dividend is subject to approval at the Annual General Meeting of shareholders, which will be held on April 2, 2007 at the company's registered offices in Amsterdam, the Netherlands.

If approved the dividend will be payable on April 30, 2007 to shareholders of record at the close of business on April 23, 2007.

CNH Global N.V. 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. is a majority-owned subsidiary of Fiat S.p.A.

SOURCE: CNH Global N.V. via Market Wire.