Dana Corporation Stock Highest-Ranking Automotive Supplier Among Better Investing Top 100

        Stock Gained 193 Percent for Growth Fund Portfolio Since 1990

    TOLEDO, Ohio, April 8 /PRNewswire/ -- Dana Corporation (NYSE: DCN) common
stock is one of the 100 most popular and widely held issues among investment
clubs of the National Association of Investors Corporation (NAIC) and its
members nationwide.
    Dana ranked 31st, in terms of the number of shares held, in a list
compiled by Better Investing magazine for its April 1999 issue.  Better
Investing is the official publication of the NAIC -- a non-profit organization
dedicated to investor education with 730,000 individual and investment club
members.
    Dana also ranked 39th in total value of shares held by investment clubs
and 55th in the number of investment clubs holding the stock.  Dana was the
highest-ranked automotive supplier in each of the three categories rated.
    The NAIC noted that Dana has regularly increased its cash dividend, its
profits have grown, and it has reinvested in its business for future growth.
In February, Dana's Board of Directors raised the company's quarterly dividend
to $0.31 per share, marking the company's 245th consecutive dividend without a
missed or reduced payment.
    Dana's performance and record of growth is reflected by Dana's inclusion,
since September 1990, in the NAIC Growth Fund Portfolio.  Since that time,
Dana stock has gained 193 percent in value.  According to NAIC, Dana was
chosen for its growth fund because it "is the leader in its industry, and a
very efficient operator as shown by the new level of percentage earned on
invested capital."
    Dana Corporation is one of the world's largest independent suppliers to
vehicle manufacturers and the aftermarket.  Founded in 1904 and based in
Toledo, Ohio, the company operates some 330 major facilities in 32 countries
and employs more than 86,000 people.  The company reported sales of $12.5
billion in 1998.  Dana's Internet address is http://www.dana.com.

SOURCE Dana Corporation

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

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