CNH GLOBAL N.V.
CORPORATE GOVERNANCE GUIDELINES

The Board of Directors (the "Board") of CNH Global N.V. (the "Company") believes that sound corporate governance policies and practices provide an essential foundation to assist the Board in fulfilling its responsibilities.  These guidelines, which are to be reviewed periodically by the Corporate Governance and Compensation Committee of the Board, are set forth below.  They are consistent in all material respects with the applicable principles and best practice provisions of the Dutch Corporate Governance Code (the "Dutch Code").  Any deviation from the Dutch Code is attributable to the Company's compliance with the corporate governance rules of the New York Stock Exchange as applicable to foreign private issuers.

CNH Global N.V. today announces the appointment of its new Chief Financial Officer ...