Navistar Adds Intrieri and Rachesky to Board; Icahn and MHR Agreed Not to Run Proxy Contest

Navistar International Corporation NAV today announced that Vincent J. Intrieri and Mark H. Rachesky have been appointed to the company's Board of Directors.  The company also agreed to add a third director to the Navistar Board, who will be designated and mutually agreed upon by Icahn Partners and its affiliated entities ("Icahn") and MHR Fund Management LLC and its affiliated entities ("MHR").