Dana Completes Sale of Brake Hose Business

    TOLEDO, Ohio, Feb. 6 /PRNewswire/ -- Dana Corporation (NYSE: DCN) has
completed the sale of its hydraulic brake hose facilities in Columbia City,
Ind., and Garching, Germany, to CF Gomma, S.p.A. of Passirano, Italy.  Terms
of the sale were not announced.
    The brake hose operations accounted for $72 million of Dana's 1997 sales.
The transaction will result in an after-tax gain to Dana of $3 million
(3 cents per share), to be recognized in the first quarter of 1998.
    Dana's Weatherhead(R) brand of industrial hoses and fittings were not part
of the sale.  The company will continue to manufacture the primary products of
its Boston Weatherhead Division, which include a wide range of industrial
hoses and fluid connectors.
    The Boston Weatherhead Division is part of Dana's Industrial Components
Group, which also consists of the Warner Electric Industrial Products Division
and the Warner Electric Motors and Controls Division.
    Mike Plumley, vice president of Dana's Industrial Components Group, said,
"This sale allows us to focus on the strengths of the Industrial Components
Group and to grow our core products globally."
    The transaction was the latest in a series of nine divestitures and five
acquisitions or joint ventures that Dana has made in the past year to better
focus on core businesses.
    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.
    CF Gomma, a privately held company, manufactures a variety of brake hose
products, anti-vibration products, air springs, and rubber compounds for the
automotive market.  The company had sales of nearly $220 million in 1997.

SOURCE  Dana Corporation

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