Dana Responds to ArvinMeritor Announcement

    TOLEDO, Ohio, July 8 /PRNewswire-FirstCall/ -- Dana Corporation
(NYSE: DCN) issued the following statement today, in response to the
announcement by ArvinMeritor, Inc. (NYSE: ARM) that it plans to commence a
tender offer for outstanding Dana shares.  ArvinMeritor's offer will be
evaluated by the Board of Directors of Dana.  Within ten business days from
the date of commencement of ArvinMeritor's tender offer, Dana will advise Dana
shareholders of its position regarding the offer, and state its reasons for
such position.  Accordingly, Dana urges its shareholders to defer making a
determination whether to accept or reject ArvinMeritor's offer until they have
been advised of Dana's position with respect to the offer.
    (Logo:  http://www.newscom.com/cgi-bin/prnh/19990903/DANA )
    Dana's shareholders, and its customers, suppliers and employees, are
strongly advised to carefully read Dana's solicitation/recommendation
statement, when it becomes available, regarding the tender offer referred to
in this press release, because it will contain important information.  Free
copies of the solicitation/recommendation statement, which will be filed by
Dana with the Securities and Exchange Commission, will be available at the
SEC's web site at http://www.sec.gov , or at the Dana web site at http://www.dana.com , and
will also be available, without charge, by directing requests to Dana's
Investor Relations Department.
    Dana is a global leader in the design, engineering, and manufacture of
value-added products and systems for automotive, commercial, and off-highway
vehicle manufacturers and their related aftermarkets.  The company employs
more than 60,000 people worldwide.  Founded in 1904 and based in Toledo, Ohio,
Dana operates hundreds of technology, manufacturing, and customer service
facilities in 30 countries.  The company reported 2002 sales of $9.5 billion.

SOURCE Dana Corporation

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

Photo Notes: http://www.newscom.com/cgi-bin/prnh/19990903/DANA AP
Archive: http://photoarchive.ap.org PRN Photo Desk, 888-776-6555
or 212-782-2840
Company News On Call: Company News On-Call:
http://www.prnewswire.com/gh/cnoc/comp/226839.html