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Construction Equipment Recognizes Excavator's Excellent Productivity and Performance

CAROL STREAM, IL, - (December 10, 2008) - Construction Equipment magazine has named the Kobelco SK350LC ACERA Mark 8 hydraulic excavator as one of the Top 100 Products of 2008 in recognition of the machine's outstanding productivity, control and operator comfort that work in synergy to provide best possible performance.

"It is the machine's excellent productivity on the jobsite that sets it apart," said Edgar Chavez, director of marketing for Kobelco Construction Machinery America. "Most notably, the SK350LC convinces due to the capability to move an impressive 18-percent more material per gallon of fuel than its predecessor, the SK330LC, which translates not only into increased fuel efficiency but delivers more work per gallon."

"We are continuously innovating and refining our products, with a special focus on fuel economy, low emissions and productivity," continued Chavez. "We are proud that the SK350LC has been recognized as one of the top 100 products of 2008 by Construction Equipment."

The power and precision that are the hallmark of every Kobelco excavator are further enhanced by the machine's robust structural design and improved controllability through the industry-exclusive Intelligent Total Control System® (ITCS), which allows for fine grading and leveling through progressive controls. Adding superior cab comfort, convenient ground-level serviceability as well as a Power Boost switch with 10-percent more power on command and without time limitations for a maximum breakout force of 49,230 lbs, the SK350LC delivers the outstanding productivity needed to offer owner and operator a crucial Competitive Edge in today's marketplace.

Every year Construction Equipment editors recognize the most significant new product announcements with the Top 100 Products Awards. The program serves to emphasize innovations and to highlight manufacturers who are investing in research and development for greater productivity, efficiencies, and safety. The SK350LC was selected to the Top 100 among about 700 candidates.

About Kobelco Construction Machinery America
Kobelco Construction Machinery America, a joint venture company owned by CNH Global N.V. (NYSE: CNH) and Kobelco Construction Machinery USA Inc., manufactures and markets a full line of compact, mid-size and full-size excavators ranging from 1.9 tons to 88 tons. Kobelco engineering is dedicated to power and precision, and every Kobelco excavator is designed and manufactured by Kobelco America to exceed customer expectations. With over 250 distribution outlets in North America, Kobelco excavators are supported by a network of experienced dealers and field service representatives. For more information, please visit www.kobelcoamerica.com.