Dana Fourth-Quarter

    TOLEDO, Ohio, Jan. 29 Dana Corporation , which
will announce its fourth-quarter results on Feb. 13, indicated today that its
operating earnings for the period will be approximately break-even, primarily
due to weak conditions in North America, including sharp declines in light-
truck build schedules, further deterioration in heavy-truck production, and
continued aftermarket softness.
    (The company also indicated that reported net income for the quarter will
be reduced by $85 million in net non-recurring charges.  This amount includes
a portion of the previously announced charge recorded by the company's
minority-owned Venezuelan affiliate.  Also included are provisions for
additional downsizing and plant closures, integration expenses, and costs
associated with exiting several lines of business, actions which are intended
to better position the company for the challenging industry conditions
anticipated in the months ahead.
    Dana will hold a conference call beginning at 9 a.m. EST on Tuesday, Feb.
13 to discuss its 2000 results.      Dana Corporation is one of the world's largest suppliers to vehicle
manufacturers and their related aftermarkets.  Founded in 1904 and based in
Toledo, Ohio, the company operates some 330 major facilities in 33 countries
and employs more than 75,000 people.  The company reported sales of $13.2
billion in 1999.  Dana's Internet address is http://www.dana.com .