Press Release

Prospect Heights, IL (July 1, 2002) - Household International (NYSE:HI), the 124-year-old consumer lender, was honored last week by two nonprofit organizations, the United Cerebral Palsy Association and the American Cancer Society, for the company's ongoing commitment to improving the quality of life in the communities where its customers and employees live and work.

On June 25, Household received the corporate award from the United Cerebral Palsy Association for its dedication for enhancing the lives of people with disabilities. The award was presented at the 10th annual Infinitec awards dinner. The Infinitec program provides state-of-the-art technology equipment, information and training to children and adults with disabilities.

Chris Lenart, a senior systems analyst at Household who has cerebral palsy, is a testament to Household's partnership with the United Cerebral Palsy Association. Lenart, who has been with Household for nearly eight years, uses a wheelchair, communicates with the help of an assistive technology device and types using a special head-pointer. To help Lenart continue his professional development, Household is supporting him in his efforts to pursue a master's degree in software engineering at DePaul University.

"Household International is a shining example of a good corporate citizen," said Dr. Paul J. Dulle, executive director at the United Cerebral Palsy Association of Greater Chicago. "Household was a clear choice for our corporate award as a result of its solid commitment to improving the lives of people with disabilities. Household not only supports our organization financially, they've also gone the extra mile to give a great person like Chris Lenart the opportunity to put his skills to good use.'

Chicago Nonprofits Recognize Household International For Good Citizenship Efforts

Yesterday, the American Cancer Society named Sandy Derickson, managing director of Household's retail services business, "Volunteer of the Year" at the organization's annual meeting.

Derickson has been working with the Northwest Suburban region of the American Cancer Society for the past five years. She was recognized for her outstanding performance, growth in the volunteer position and promoting the association in the community.

Derickson has been extremely active in recruiting corporate sponsors for the American Cancer Society and is the chair of the "Workplace Giving Task Force," overseeing its growth. Derickson has also been instrumental in building a partnership between the American Cancer Society and Household, in addition to developing relationships between the association and various community leaders. Household employees are involved in the American Society's "Relay for Life" program, and the company is a flagship sponsor for the upcoming event, "Making Strides Against Breast Cancer."

"Household strongly believes in the work of the American Cancer Society and supports my efforts as a volunteer," said Derickson. "Building corporate relationships is critical for any nonprofit organization's success, and I am honored to be recognized for supporting such a worthy organization."

Household has been committed to good corporate citizenship since its founding in 1878. The company invests significant resources in the community, partnering with organizations that help advance its philosophy of improving the quality of life in the communities in which its customers and employees live and work. In 2001, Household made social investments of more than $11 million through various philanthropic programs.

Household's businesses are leading providers of consumer loan, credit card, auto finance and credit insurance products in the United States, United Kingdom and Canada. In the United States, Household's largest business, founded in 1878, operates under the two oldest and most widely recognized names in consumer finance- HFC and Beneficial. Household is also one of the nation's largest issuers of private-label and general-purpose credit cards, including The GM Card® and the AFL-CIO's Union Plus® card. For more information, visit the company's Web site at www.household.com.