Dana WILL Exhibit at NAIC

TOLEDO, Ohio, Oct. 19 -- 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 75,000 people.
    Dana is focused on its foundation products, which include: axles,
driveshafts, structural products, brake and chassis products, fluid systems,
filtration products and bearings and sealing products. Dana serves its
customers through seven Strategic Business Units which have worldwide
responsibilities for the engineering, manufacture, and distribution of their
products: Automotive Systems Group, Automotive Aftermarket Group, Engine
Systems Group, Off-Highway Systems Group, Fluid Systems Group, Commercial
Vehicle Systems Group and Dana Commercial Credit.
    Financially Dana reported 2000 sales of $12.3 billion. Operating profits
after tax were $377 million, and operating earnings per share was $2.46.
Including all non-recurring items for the year, 2000 net income was
$334 million compared to $513 in 1999. Earnings per share was $2.18 versus
$3.08 in 1999 on a fully diluted basis. Through the first six months of 2001,
Dana's sales were $5.5 billion, down from $6.8 billion for the same period
last year.  Net income for the period excluding non-recurring items, was
$27 million, or 18 cents per share.  After net, non-recurring charges, Dana
incurred a net loss of $13 million, or 8 cents per share.
    Dana is a Corporate Member of NAIC, a 20-time winner of the Nicholson
Award for outstanding annual reports to the individual investor, and a four-
time recipient of NAIC's "Own Your Share of America" award. Better Investing's
2001 "Top 100" lists Dana stock as #88.