Europe

CNH, a leading global manufacturer of agricultural and construction equipment with about 11,500 dealers in 160 countries, had net sales of $13 billion in 2006. Of total net revenues, agricultural equipment sales represented 60 percent, construction equipment about 33 percent and financial services about 7 percent.

About 33 percent of our net sales of agricultural equipment and 30 percent of construction equipment were generated from sales in Europe. Globally, CNH has more than 25,000 employees, including more than 12,000 in Europe, and it operates 39 manufacturing facilities and 26 research and development centers.

Manufacturing locations are in Austria at St. Valentin - tractors; in Belgium at Antwerp - components; and Zedelgem - combines, forage harvesters, large rectangular balers; in Italy at Imola - tractor loader backhoes, mini-excavators; Jesi - tractors; Lecce - midi wheeled excavators, telehandlers, dozers, wheel loaders; Modena - components; San Mauro - crawler excavators and wheeled excavators; in France at Coex - grape harvesters; Croix - components; and Tracy-Le-Mont - components; and in the United Kingdom at Basildon - tractors, engines; and in Poland at Plock - combines, balers.

In 2006, CNH was a participant in 11 agricultural equipment and seven construction equipment joint ventures. CNH Capital and CNH Parts & Service were in four joint ventures.