Dana Corporation Raises Second-Quarter Expectations

    TOLEDO, Ohio, June 13 /PRNewswire-FirstCall/ -- Dana Corporation
(NYSE: DCN) announced today that it now expects its second-quarter earnings
before non-recurring items to be in the range of 41 to 45 cents per share.
The company had previously said it expected earnings of 33 to 35 cents per
share before non-recurring items.  The increase was attributed to continued
operating improvements and even stronger North American vehicle production
during the quarter than the company had previously anticipated.
    (Photo:  http://www.newscom.com/cgi-bin/prnh/19990903/DANA )
    Dana Corporation is one of the world's largest suppliers of components,
modules, and complete systems to global vehicle manufacturers and their
related aftermarkets.  Founded in 1904 and based in Toledo, Ohio, the company
operates some 300 major facilities in 34 countries and employs approximately
70,000 people.  The company reported sales of $10.3 billion in 2001.  Dana's
Internet address is http://www.dana.com .
    The company's earnings expectations contained herein constitute "forward-
looking" statements within the meaning of the Private Securities Litigation
Reform Act of 1995.  These expectations involve certain assumptions and Dana's
actual results may differ from these expectations.  Among the factors that
could affect the company's actual results are the impact of national and
international economic conditions on Dana's production and sales and those of
its vehicular customers, and the success and timing of Dana's restructuring
programs.  Dana does not undertake to update these earnings expectations.

SOURCE Dana Corporation

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

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