Navistar International Corporation Schedules 4Q Conference Call and Will Host New York Security Analysts Meeting

WARRENVILLE, Ill.--Nov. 2, 20034, 2003--Navistar International Corporation has scheduled a conference call with security analysts for 10:00 a.m. CST on December 2, 2003 to discuss the company's fourth quarter earnings report that will be released earlier that day. The call will also be web cast and can be accessed through Navistar's web site at http://www.nav-international.com/investor/ and connecting to the link to the conference call.

The company will also host a meeting for security analysts in New York City beginning at 1:30 p.m. EST on December 15, 2003. Daniel C. Ustian, president and chief executive officer, and Robert C. Lannert, vice chairman and chief financial officer, will discuss 2004 earnings guidance and the business outlook as well as future business strategies. The meeting can also be accessed through the company's web site at http://www.nav-international.com/investor/ and connecting to the link to the analyst meeting.

Forward Looking Statements

Statements contained in this news release that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, beliefs and intentions on strategies regarding the future. It is important to note that the company's actual future results could differ materially from those projected in such forward-looking statements because of a number of factors, including but not limited to general economic, business and financing conditions, labor relations, governmental action, competitor pricing activity, expense volatility, and other risks detailed from time to time in Navistar's Securities and Exchange Commission filings. Navistar assumes no obligation to update the information included in this news release.