Dana Named to Better Investing Magazine's Top 100 Stocks List; Company Also Among Top Stocks in NAIC Growth Fund Portfolio

Apr 2, 1997


    TOLEDO, Ohio, April 2 /PRNewswire/ -- Dana Corporation (NYSE: DCN) is one
of just 35 companies -- and the only vehicular supplier -- to both place on
the Better Investing magazine Top 100 stocks list and be included in the
National Association of Investors Corporation (NAIC) Growth Fund Portfolio.
    Dana was the only vehicular supplier to crack Better Investing's top
40 stocks this year, ranking 39th on the Top 100 list published in the
magazine's April edition.  Dana's position reflects the more than
870,000 shares of its stock -- valued at more than $28 million -- held by NAIC
clubs as of year end 1996.
    Additionally, Dana is listed among the top stocks in the NAIC Growth Fund
Portfolio.  Dana stock, purchased since 1990, has resulted in a 133-percent
gain for NAIC Growth Fund investors.  The fund's $53,250 investment in Dana
was recently valued at more than $124,000.
    NAIC is a non-profit organization made up of investment clubs and
individual investors.  Founded in 1951, the corporation has more than
500,000 members representing investments of about $16 billion.
    Dana Corporation is a global leader in the engineering, manufacture and
distribution of products and systems for the vehicular, industrial and
off-highway markets.  Its core businesses are axles, driveshafts, structural
components (frames), sealing products, filtration products, off-highway
components, engine products, industrial products and leasing.  Its leasing
services operation was a recipient of the 1996 Malcolm Baldrige National
Quality Award.   Founded in 1904 and based in Toledo, Ohio, Dana operates
facilities in 30 countries with more than 48,000 people.  Its 1996 sales were
$7.7 billion.  It has more than 40 product research and development centers
worldwide. The Internet address for Dana's home page is: http://www.dana.com.

SOURCE  Dana Corporation

CONTACT: Gary Corrigan, Director-Corporate Communications, of Dana
Corporation, 419-535-4813