On December 17, 2012 the shareholders of CNH Global NV approved a special dividend of $10.00 per common share, at the Extraordinary General Meeting of shareholders, held at the company’s registered offices in Amsterdam, the Netherlands. The dividend was paid on December 28, 2012 to shareholders of record at the close of business on December 20, 2012.

On March 20, 2008 the shareholders of CNH Global NV approved an annual dividend of $0.50 per common share for the year 2008, at the Annual General Meeting of shareholders, held at the company’s registered offices in Amsterdam, the Netherlands. The dividend was paid on April 15, 2008 to shareholders of record at the close of business on April 4, 2008.

On April 2, 2007 the shareholders of CNH Global NV approved an annual dividend of $0.25 per common share for the year 2006, at the Annual General Meeting of shareholders, held at the company’s registered offices in Amsterdam, the Netherlands. The dividend was paid on April 30, 2007 to shareholders of record at the close of business on April 23, 2007.

On April 7, 2006, the shareholders of CNH Global NV approved an annual dividend of $.25 per common share for the year 2005, at the Annual Shareholders Meeting. The dividend was paid on Friday, May 5, 2006 to shareholders of record at the close of business on Friday, April 28, 2006.

On May 3, 2005, the shareholders of CNH Global N.V. approved an annual dividend of $.25 per common share ($33.5 million total). The 2004 annual dividend was paid on Tuesday, May 31, 2005 to shareholders of record at the close of business on Tuesday, May 24, 2005.

On April 26, 2004, the shareholders of CNH Global N.V. approved an annual dividend of 25 cents per common share ($33 million total) for the year 2003, at the Annual Shareholders Meeting. The dividend was paid on May 25, 2004 to shareholders of record at close of business on May 18, 2004. No dividends may be distributed to the preference shares in 2004.

On May 8, 2003, the shareholders of CNH Global N.V. approved an annual dividend of 25 cents per common share ($28 million total) for the year 2002, at the Annual Shareholders Meeting. The dividend was paid on June 2, 2003 to shareholders of record at close of business on May 19, 2003. No dividends were distributed to the preference shares in 2003.

For each of the years ended December 31, 2001 and 2000, CNH distributed annual cash dividends of $28 million, or 10 cents per share, in May of each year, respectively.

For each of the years ended December 31, 1999, 1998 and 1997, CNH distributed annual cash dividends of $82 million, or $0.55 per share, in the second quarter of the following year.

The declaration and payment of dividends are at the discretion of the Board of Directors and must be ratified at the annual general meeting of CNH's shareholders. There is no requirement or assurance that dividends will be declared or paid.

Dividends payable by CNH are subject to Dutch withholding tax at the current rate of 15%. The withholding tax on dividends paid to shareholders that are not residents of The Netherlands may be reduced by virtue of an applicable income tax convention in effect between The Netherlands and the country of residence of the recipient of the dividends. See CNH's most recent 20-F for a more detailed discussion of Netherlands Taxation.