Caterpillar Wins Award for Best Corporate Health Program

PEORIA, Ill., May 24 /PRNewswire-FirstCall/ -- Caterpillar Inc. (NYSE:CAT) is the 2007 recipient of the Corporate Health Achievement Award given by the American College of Occupational and Environmental Medicine (ACOEM). The award recognizes outstanding dedication to environmental quality and product safety in the communities where Caterpillar operates. It also highlights Caterpillar's commitment to creating healthy, safe and productive workplace environments for its more than 95,000 employees around the world.

"We are honored to win an award that focuses on what we believe is Caterpillar's most important asset -- our people," said Sid Banwart, vice president with responsibility for Caterpillar's Human Services Division. "Since 2000, we have cut recordable workplace injuries by 75 percent. While we have made considerable progress, we can still do better for our employees and their families. We believe all accidents and injuries are preventable, so our ultimate goal is zero."

Maintaining healthy employees continues after a work shift ends. The ACOEM award also acknowledges Caterpillar's Healthy Balance(R) health promotion program, which identifies modifiable health risks and provides lifestyle recommendations that decrease risk. This, in turn, helps workers make wise lifestyle and healthcare decisions.

"We are focused on treatment and, more importantly, prevention," said Stephen Goldman, MD, Caterpillar's Corporate Medical director. "Not only can we help employees manage chronic conditions like diabetes or high blood pressure, but we are also using software to more robustly predict those at risk for future disease. Combining these initiatives with healthcare benefits, including free physicals and cancer screenings for age-eligible employees, helps create a healthier workforce. And a healthy company is a better business."

In addition, the Corporate Health Achievement Award values the company's dedication to environmental excellence. Caterpillar continues to make significant strides in reducing the environmental impact of facility operations. For example, in January 2005, the company publicly pledged to voluntarily reduce global greenhouse gas emissions intensity 20 percent by 2010. Caterpillar has far exceeded that goal by achieving a 35 percent intensity reduction.

To learn more about how Caterpillar is enabling sustainable development through workplace safety programs, solutions that lower emissions and operations with less environmental impact, read the 2006 Sustainability Report available on http://www.cat.com.

About Caterpillar

For more than 80 years, Caterpillar Inc. has been making progress possible and driving positive and sustainable change on every continent. With 2006 sales and revenues of $41.517 billion, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. The company also is a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services, Caterpillar Logistics Services and Progress Rail Services. More information is available at http://www.cat.com.

SAFE HARBOR

Certain statements in this release relate to future events and expectations and as such constitute forward-looking statements involving known and unknown factors that may cause actual results of Caterpillar Inc. to be different from those expressed or implied in the forward-looking statements. In this context, words such as "will" and "expect" or other similar words and phrases often identify forward-looking statements made on behalf of Caterpillar. It is important to note that actual results of the company may differ materially from those described or implied in such forward-looking statements based on a number of factors and uncertainties, including, but not limited to, changes in economic conditions, currency exchange or interest rates; political stability; market acceptance of the company's products and services; significant changes in the competitive environment; epidemic diseases; changes in law, regulations and tax rates; and other general economic, business and financing conditions and factors described in more detail in the company's Form 10-K filed with the Securities and Exchange Commission on February 23, 2007. We do not undertake to update our forward-looking statements.

Source: Caterpillar Inc.

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