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New International High Performance Trucks to Debut in February

12 December 2000

New International(R) High Performance Trucks to Debut in February
     New Manufacturing Plant, Processes Gear Up for Early 2001 Production

    CHICAGO, Dec. 11 International Truck and Engine
Corporation, the medium share leader, will introduce its new line of trucks,
the culmination of the most significant capital and product development
investment in the company's history in February, it was announced today.
    Approximately 2,500 International dealers, customers and suppliers will be
among the first to see the new trucks during the industry's biggest ride n'
drive event of the year in Las Vegas at the Mandalay Bay Resort & Casino and
Las Vegas Motor Speedway.
    "The new International(R) 4000, 7000 and 8000 series trucks are the
industry's first High Performance trucks.  This is High Performance that makes
a real difference as measured by vehicle performance, employee performance and
financial performance," said Steve Keate, president, truck group,
International Truck and Engine Corporation.  "With these trucks, International
will set a new benchmark in delivering to customers the lowest operating and
maintenance costs and highest resale value."
    A promotion featuring the new High Performance trucks will begin this
month on the company's website http://www.internationaldelivers.com .  Orders for new
International 4000 series medium trucks currently are being taken for spring
delivery.  Severe service and heavy will be rolled out beginning summer 2001.
    The result of $900 million in design, engineering and development, the
International High Performance trucks have been undergoing extensive fleet use
field-testing to achieve a superb balance of power, ride and comfort.
Throughout the last year, prototypes have been on the road in such
applications as beverage tractor, refrigerated van, dump truck and roll-off
wrecker.  Feedback from participating fleets is overwhelmingly positive,
especially in the areas of steering and handling, responsiveness, visibility,
cab environment and styling.
    Ahead of the official product launch, a new cab fabrication plant -- built
in Springfield, Ohio, exclusively for the High Performance trucks -- is
gearing up for full-scale production in mid-March.  The $137 million,
273,000-square-foot facility uses advanced manufacturing processes, such as an
automated die-change system and a robot-operated body assembly system.