For more information please contact:

Communications (630) 887-2345

NEW HOLLAND, PA - (May 6, 2009) - Kobelco Construction has re-launched KobelcoUsed.com -- a new international web portal for buying all makes and models of used construction equipment, attachments, and parts from Kobelco Construction dealers and distributors from around the globe. The tool leverages the strength of the Kobelco Construction brand with powerful features, delivering one of the most comprehensive online remarketing resources available in the industry today.

KobelcoUsed.com represents an important step forward for both buyers and sellers of used equipment. It's backed by the company's own remarketing and information system experts -- with multi-lingual support for buyers and sellers available online and by phone. The company's asset remarketing staff also offers pricing recommendations along with transportation and import/export services. And because KobelcoUsed.com is sponsored by CNH Capital, the financial services division of Kobelco Construction, financing options for used equipment purchases are also available in select global markets.

"KobelcoUsed.com supports our company's ongoing commitment to superior customer service and dealer support," says Edgar J. Chavez, director of marketing for Kobelco Construction. "Linking buyers and sellers anywhere we do business through one simple, user-friendly web portal makes it easier than ever for our customers to find the used equipment they need, and the dealers who are selling it. What sets KobelcoUsed.com apart is that it's backed by experienced support professionals who are ready to assist."

KobelcoUsed.com has been redesigned to provide customers with the broadest access to used equipment, including company-owned assets such as lease returns. It's a central source to find, buy, lease or finance used agricultural equipment that goes beyond the borders of nations and brands, helping customers locate used equipment at the local, regional, national and global levels.

The site is open to the general public and provides detailed condition reports and image galleries, a loan/lease payment calculator, a printable credit application, and an easy-to-use quotation tool for requesting discounted transportation services and/or cross-border assistance.

Using the site is simple and intuitive. Visitors can click on "New Listings" to browse listings posted to the site over the past 24 hours, or use "Category Watch" to search for equipment and receive email notifications on units that meet specific buyer criteria.

Other features, such as language translations and currency exchange rates, make KobelcoUsed.com a truly global marketplace. For anyone looking to buy, lease or finance used equipment, this new online tool makes it easy for customers and equipment dealers alike to find what they need, when they need it.

About Kobelco Construction Machinery America
Kobelco Construction Machinery America manufactures and markets a full line of compact, mid-size and full-size excavators ranging from 1.9 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.

About CNH Capital
CNH Capital, the financial services business of CNH Global N.V. (NYSE: CNH), a majority-owned subsidiary of Fiat Group (FIA:MI), provides a comprehensive range of services, including wholesale and retail financing, leasing, insurance, asset management, and revolving lines of credit, for the global marketplace. Building on more than 50 years' experience in the equipment finance industry, CNH Capital services a portfolio of more than $20 billion, helping customers through various wholly owned subsidiaries and joint ventures throughout North America, Latin America, Europe and Australia. More information about CNH Capital can be found atwww.cnhcapital.com.