Dana Corporation Announces Major Supply Contract With PACCAR

    TOLEDO, Ohio, May 30 Dana Corporation
announced today that it has entered into a long-term supply agreement with
PACCAR Inc.  Dana's Commercial Vehicle Systems operations and Spicer
Driveshaft group will supply steer axles, drive axles, brakes, driveshafts,
and steering shafts as standard equipment on PACCAR's Kenworth and Peterbilt
Class 6, 7, and 8 commercial vehicles.
   
    "Dana is proud to continue its long-term relationship with PACCAR," said
Rick Clayton, president, Commercial Vehicle Systems.  "We continue to be
committed to providing innovative products through advanced technology and
responsiveness to customer needs.  Strong customer focus in both business
philosophy and processes helped Commercial Vehicle Systems earn many state
quality awards and Spicer Driveshaft win the 2000 Malcolm Baldrige National
Quality Award in the United States.  We are pleased to bring this level of
product quality and professional service to PACCAR and its customer base."

    Gary Moore, senior vice president, PACCAR, said, "This supply agreement
reflects the industry trend toward closer cooperation between OEMs and
component suppliers to provide enhancements in improving vehicle performance.
The benefits to customers in providing an integrated drivetrain solution are
key elements in this strategic alliance."

    Spicer(R) drive axles, steer axles, and brakes are manufactured at Dana's
Henderson, Ky.; Humboldt, Tenn.; Glasgow, Ky.; and Toluca, Mexico; facilities.
Spicer driveshafts are manufactured and assembled at a number of Dana
facilities in North America, strategically located near PACCAR plants.
Assembled Spicer products will be shipped to Kenworth's Chillicothe, Ohio;
Renton, Wash.; and Mexacali, Mexico; facilities and to Peterbilt's Denton,
Texas; and Madison, Tenn.; facilities.

    Kenworth and Peterbilt vehicles feature a complete Roadranger(R)
drivetrain system as standard.  The Roadranger Drivetrain System is an
unbeatable combination of the best products from Dana and Eaton Corporation
and backed by the Roadrangers -- the most experienced, most expert, and most
accessible drivetrain consultants in the business.