NAVISTAR INT.’L: SEC’s Inquiry on 2002-2005 Restatements Ongoing

Navistar International Corporation continues to cooperate with the U.S. Securities and Exchange Commission’s investigation of the Company’s financial restatements for the years 2002 to 2005.

In January 2005, the Company announced that it would restate its financial results for 2002 and…

BJ’S WHOLESALE: Dispute to Claims over Illegal Card Use Ongoing

BJ’s Wholesale Club, Inc. continues to contest the claims made against it and continues to explore its defenses and possible claims regarding the fraudulent use of credit and debit card accounts at non-company locations.

Early in 2004, the Company was…

NAVISTAR INT’L: Re-Filed Contract Breach Lawsuit v. Ford Ongoing

Navistar International Corporation continues to pursue its February 2008 re-filed contract breach lawsuit against Ford Motor Company since the parties were unable to resolve the dispute through mediation.

In January 2007, a complaint was filed against the Company in Oakland…

ENERGY CONVERSION: Battery Supply Fraud Suit Resolved Last June

The lawsuit filed by International Acquisitions Services, Inc., Innovative Transportation Systems AG, and Neville Chamberlain against Energy Conversion Devices, Inc. was resolved in June 2008 with a payment of US$925,000 made to IAS.

The action, filed in Nassau County, New York…

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