in the First Half of 2003 98th Fiscal Year - FIAT SpA

Subsidiaries consolidated on a line-by-line basis (continued)
59 Annex Fiat Group Companies at June 30, 2003
% of
Group % of
consoli- Interest % interest voting
Name Registered office Country Capital stock Currency dation held by held rights
Case International Limited Basildon United Kingdom 61,504,001 GBP 85.53 New Holland Holding Limited 100.000
Case International Marketing Inc. Wilmington U.S.A. 5 USD 85.53 Case LLC 100.000
Case LBX Holdings Inc. Wilmington U.S.A. 5 USD 85.53 Case LLC 100.000
Case LLC Wilmington U.S.A. 4 USD 85.53 Fiatallis North America Inc. 61.111
Case New Holland Inc. 38.889
Case Machinery (Shanghai) Co. Ltd. Shanghai People’s Rep.of China 2,250,000 USD 85.53 Case LLC 100.000
Case Mexico S.A. Mexico Mexico 810,000 MXN 85.53 Case LLC 100.000
Case New Holland Inc. Wilmington U.S.A. 5 USD 85.53 CNH Global N.V. 100.000
Case New Holland Italia s.p.a. Modena Italy 15,600,000 EUR 85.53 CNH International S.A. 100.000
Case United Kingdom Limited Doncaster United Kingdom 3,763,618 GBP 85.53 Case LLC 100.000
Case Wholesale Receivables Inc. Wilmington U.S.A. 1,000 USD 85.53 Case LLC 100.000
CNH Argentina S.A. Buenos Aires Argentina 8,059,113 ARS 85.53 New Holland Holdings Argentina S.A. 80.654
Case LLC 19.346
CNH Australia Pty Limited St. Marys Australia 306,785,439 AUD 85.53 CNH Global N.V. 100.000
CNH Belgium N.V. Zedelgem Belgium 27,268,300 EUR 85.53 CNH International S.A. 100.000
CNH Canada Ltd. Toronto Canada 28,000,100 CAD 85.53 CNH Global N.V. 66.524
Case LLC 33.476
CNH Capital Australia Pty. Ltd. St. Marys Australia 26,808,874 AUD 85.53 Case Credit Australia Investments Pty. Ltd. 100.000
CNH Capital Benelux S.A. Zedelgem Belgium 54,458 EUR 85.53 CNH Global N.V. 99.000
CNH Capital U.K. Ltd 1.000
CNH Capital Corporation Wilmington U.S.A. 5 USD 85.53 Case LLC 100.000
CNH Capital (Europe) plc Navan Ireland 38,100 EUR 85.53 CNH Capital plc 99.984
CNH Financial Services S.r.l. 0.003
CNH Global N.V. 0.003
CNH International S.A. 0.003
New Holland Financial Services A/S 0.003
New Holland Financial Services Ltd 0.003
CNH Trade N.V. 0.001
CNH Capital Insurance Agency Inc. Wilmington U.S.A. 5 USD 85.53 Case Credit Corporation 100.000
CNH Capital plc Navan Ireland 6,386,790 EUR 85.53 CNH Global N.V. 100.000
CNH Capital Receivables Inc. Wilmington U.S.A. 5 USD 85.53 Case Credit Corporation 100.000
CNH Capital U.K. Ltd Basildon United Kingdom 10,000,001 GBP 85.53 CNH Global N.V. 100.000
CNH Danmark A/S Hvidovre Denmark 12,000,000 DKK 85.53 CNH International S.A. 100.000
CNH Deutschland GmbH Heilbronn Germany 18,457,650 EUR 85.53 CNH International S.A. 100.000
CNH Engine Corporation Wilmington U.S.A. 1,000 USD 85.53 Case LLC 100.000
CNH Financial Services S.r.l. Modena Italy 10,400 EUR 85.53 CNH Global N.V. 100.000
CNH France S.A. Villepinte France 138,813,150 EUR 85.53 CNH International S.A. 100.000
CNH Information Technology Company LLC Wilmington U.S.A. 750,000 USD 85.53 Case LLC 100.000
CNH International S.A. Luxembourg Luxembourg 300,000,000 USD 85.53 CNH Global N.V. 100.000
CNH Latino Americana Ltda Curitiba Brazil 215,131,804 BRL 85.53 CNH Global N.V. 55.345
Case Brasil & CIA 44.655
CNH Maquinaria Spain S.A. Coslada Spain 21,000,000 EUR 85.53 CNH International S.A. 77.142
Case LLC 22.857
CNH Movimento Terra S.p.A. Turin Italy 12,320,000 EUR 85.53 Case New Holland Italia s.p.a. 100.000
CNH Osterreich GmbH St. Valentin Austria 2,000,000 EUR 85.53 CNH Global N.V. 100.000
CNH Polska Sp. z o.o. Plock Poland 162,591,660 PLN 85.53 CNH Belgium N.V. 100.000
CNH Receivables Inc. Wilmington U.S.A. 1,000 USD 85.53 Case Credit Corporation 100.000
CNH Serviços Técnicos e
Desenvolvimento de Negócios Ltda Curitiba Brazil 1,000,000 BRL 85.53 Banco CNH Capital S.A. 100.000
CNH Trade N.V. Amstelveen Netherlands 50,000 EUR 85.53 CNH Global N.V. 100.000
CNH U.K. Limited Basildon United Kingdom 91,262,275 GBP 85.53 New Holland Holding Limited 100.000