Navistar Financial Corporation Offers Deferred Payments for Customers Affected by Hurricane Katrina

SCHAUMBURG, Ill. (September 12, 2005) - Navistar Financial Corporation, a wholly owned finance subsidiary of Warrenville, Ill.-based International Truck and Engine Corporation, announced a plan to assist its customers affected by Hurricane Katrina.

Customers residing in the FEMA federal disaster areas will be offered a two-month deferral of loan or lease payments. The deferred payments will be moved to the end of the contract, and all normal processing fees and deferral interest will be waived.

Navistar Financial hopes the additional payment flexibility will assist customers with prioritizing other important issues. Customers should contact their regional finance office to see if they qualify for this deferred payment option.

About Navistar Financial Corporation
Navistar Financial Corporation is a wholly owned finance subsidiary of International Truck and Engine Corporation, the operating company of Navistar International Corporation (NYSE: NAV). Navistar Financial provides financial programs and services tailored to satisfy all International's customer and dealer equipment financing needs. The operating company produces International® 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. Additional information is available at www.nav-international.com.