Dana Products Featured on Eight of Ward's 10 Best Engines

TOLEDO, Ohio, Dec. 11, 2002; Dana Corporation announced today that it supplies products on eight of the 10 engines judged by Ward's AutoWorld magazine to be the best engines for 2003. The winning engines, announced today, were selected by a panel of judges assembled by Ward's.

The engines featuring Dana products include the BMW 3.2L I-6, and 3.0L I-6, the BMW/Mini Supercharged 1.6L I-4, DaimlerChrysler's 5.7L "Hemi" V-8, the Ford Powerstroke 6.0L V-8 Turbo-diesel, the GM Vortec 4.2L I-6, the Honda 3.0L V-6, and Nissan's 3.5L V-6.

Manufactured by Dana's Engine and Fluid Management Group, the varying combinations of products and systems on these engines includes cylinder head gaskets, cam cover modules, seals, heat shields, bearings, piston rings, fluid routing systems, and oil and water pumps.

Dana Chairman and CEO Joe Magliochetti, said, "Dana congratulates the recipients of this year's Ward's Best Engines awards. This is a prestigious industry honor, and we at Dana are particularly proud that our technology is featured among so many of the world's leading engines."

Mike Laisure, president of the Engine and Fluid Management Group, said, "Dana Corporation has a firm commitment and the global capabilities to develop the technologies necessary for today's engine manufacturers to be best in class. It is a tribute to the innovation of our people that so much Dana content is included among the Ward's Top 10 engines."

The Dana Engine and Fluid Management Group produces a full line of sealing, bearings, fluid system and power cylinder products that help automakers achieve their goals in key areas such as durability, noise vibration and harshness (NVH), fuel economy, emissions reduction, and the management of essential operating fluids.

Dana Corporation is a global leader in the design, engineering, and manufacture of value-added products and systems for automotive, commercial, and off-highway vehicle manufacturers and their related aftermarkets. The company employs approximately 70,000 people worldwide. Founded in 1904 and based in Toledo, Ohio, Dana operates hundreds of technology, manufacturing, and customer service facilities in 34 countries. The company reported sales of $10.3 billion in 2001.