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Visteon Declares Second Quarter Dividend

DEARBORN, Mich., March 12 -- The Board of Directors of Visteon Corporation has declared a quarterly dividend of $0.06 per share on the company's common stock. The dividend is payable on June 2, 2003, to shareholders of record as of May 2, 2003. Visteon has paid a dividend each quarter since it became an independent, publicly traded company in June 2000.

Visteon Corporation is a leading full-service supplier that delivers consumer-driven technology solutions to automotive manufacturers worldwide and through multiple channels within the global automotive aftermarket. Visteon has about 77,000 employees and a global delivery system of more than 180 technical, manufacturing, sales, and service facilities located in 25 countries.

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NOTE TO EDITORS: Visteon news releases, photographs and product specification details are available at www.visteon.com