Dana and Echlin Set Stockholder Meetings for June 30

Jun 2, 1998

    TOLEDO, Ohio and BRANFORD, Conn., June 2 /PRNewswire/ -- Dana Corporation
(NYSE: DCN) and Echlin Inc. (NYSE: ECH) announced today that they have
scheduled their respective special meetings of stockholders to vote on matters
related to the previously announced agreement to merge Echlin with a
wholly owned Dana subsidiary.  The companies will commence mailing the Joint
Proxy Statement-Prospectus today.  The Registration Statement on Form S-4 for
the Dana stock to be issued in connection with the merger was declared
effective today by the U.S. Securities and Exchange Commission.
    The special meeting of stockholders for Dana Corporation has been
scheduled for 10:00 a.m. (EDT) on June 30, 1998 at Riverfront Plaza, East
Tower, 951 East Byrd Street, Richmond, Virginia.  The special meeting of
stockholders for Echlin Inc. has been scheduled for 2:00 p.m. (EDT) on June
30, 1998 at Echlin's corporate headquarters, 100 Double Beach Road, Branford,
Connecticut.  The record date for stockholders entitled to vote at each
meeting is June 1, 1998.
    Southwood J. Morcott, chairman and chief executive officer of Dana, said,
"We are excited about the opportunities this transaction presents and look
forward to completing it as soon as possible."
    Larry McCurdy, chairman, president and chief executive officer of Echlin,
said, "Echlin's merger with Dana is a win-win for all our constituents,
including shareholders, employees, customers and suppliers."
    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 record sales of $8.3 billion in 1997.
The Internet address for Dana's home page is www.dana.com.
    Echlin, with annual sales of $3.5 billion, is a leading producer of
quality automotive parts, with more than 140 operations and 28,000 employees
on six continents.  It manufactures and distributes brake, engine, power
transmission, and steering and suspension system components for the world's
650 million motor vehicles.  The company provides these products to a broad
base of aftermarket customers, who, in turn, supply them to professional
technicians and do-it-yourselfers.  It also sells components to original
equipment customers for factory installation on new vehicles.  Echlin's home
page address on the Internet is www.echlin.com.

SOURCE  Dana Corporation; Echlin Inc.

Web site:  http: //www.dana.com

CONTACT:  Investors: Stephen N. Superits, Vice President - Investor Relations
of Dana, 419-535-4636, or Media:  Gary Corrigan, Director - Corporate
Communications of Dana, 419-535-4813; or Joele Frank or Daniel Katcher of
Abernathy MacGregor Frank, 212-371-5999, for Dana; or Investors: Paul R.
Ryder, Vice President - Investor Relations of Echlin, 203-481-5751; or Media:
Lawrence Rand or Eric Berman of Kekst & Co., 212-521-4800, for Echlin

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