October 23, 2002

Navistar International Corporation to Present Future Business Opportunities At Goldman Sachs Global Capital Goods Conference

WARRENVILLE, Ill., Oct. 23 /PRNewswire-FirstCall/ -- Navistar International Corporation (NYSE: NAV), the nation's largest commercial truck, school bus and mid-range diesel engine producer, will discuss future business opportunities next week at the Goldman Sachs Global Capital Goods Conference in New York, it was announced today.

John R. Horne, Navistar chairman and chief executive officer, is scheduled to make the Navistar presentation at 9:40 a.m. EDT Wednesday, October 30. A live audio web cast will be available through the company's home page at www.nav-international.com . When prompted, the user name is conference/confc and the password is capital.

The Goldman Sachs Global Capital Goods Conference will be held at the New York Marriott Marquis October 30-31.

Headquartered in Warrenville, Ill., Navistar International Corporation (NYSE: NAV) is the parent company of International Truck and Engine Corporation, a leading producer of mid-range diesel engines, medium trucks, heavy trucks, severe service vehicles and a provider of parts and service sold under the International® brand. IC Corporation, a wholly owned subsidiary, produces school buses. The company also is a private label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. Additionally, through a joint venture with Ford Motor Company, the company will build medium commercial trucks and currently sells truck and diesel engine services parts. International Truck and Engine has the broadest distribution network in the industry. Financing for customers and dealers is provided through a wholly owned subsidiary. Additional information can be found on the company's web site at www.nav-international.com .

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