Dana Corporation Announces Plans for Asia Engineering Center

    TOLEDO, Ohio, Feb. 18 /PRNewswire/ -- Dana Corporation (NYSE: DCN) today
announced plans to establish a new Asia Engineering Center in Japan.
    Expected to open in early 1999, the facility will allow for closer and
quicker engineering support to Dana's operations and customers in the Asia
Pacific region.
    According to Automotive Components Group President Bill Carroll, the new
engineering center will provide assistance in the application of Dana's core
products, such as axles, driveshafts, and structural components, as well as
the development of modules and systems.
    "The center will play an important role in helping Dana serve our Asian-
based original equipment customers," Carroll said.  "One of the primary ways
we will accomplish this is by providing innovative solutions through the
development of modular systems and assemblies that incorporate these core
components."
    Carroll said the center will also strengthen the computer-aided design
(CAD) and global communication services currently provided by the Dana Japan
office in Tokyo and the Dana Korea office in Seoul.  In addition to its near-
term benefits, he said the center will also provide Dana with important cross-
training capabilities for its engineers located in the region.
    The company is currently conducting a site selection study expected to be
completed by the second quarter of 1998.  Future plans call for the center to
support Dana's entire range of products.
    Dana's Asia Pacific operations are spread across 10 nations in the region,
illustrating the company's commitment to this emerging growth area.
    Dana Corporation is a global leader in the engineering, manufacture, and
distribution of products and services for the automotive, engine, heavy truck,
off-highway, industrial, and leasing markets.  Founded in 1904 and based in
Toledo, Ohio, Dana operates facilities in 30 countries and employs more than
50,000 people.  The company reported sales of $8.3 billion in 1997.  The
Internet address for Dana's home page is www.dana.com.

SOURCE  Dana Corporation

CONTACT: Gary Corrigan of Dana, 419-535-4813
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