ArvinMeritor Responds to Dana Complaint

TROY, Mich., Aug. 18, 2003 -- ArvinMeritor, Inc. today issued the following statement in response to a complaint filed in Lucas County, Ohio late last week by Dana Corporation . This statement was delayed as a result of the power outages on Thursday and Friday in the Northeast and Midwest sections of the country.

   We believe the lawsuit is entirely without merit and we will contest
   it vigorously.  We believe that Dana's shareowners would be better
   served by the Board and management working with us to quickly
   close a transaction that is in the best interests of both companies'
   shareowners.

   As we have said before, if Dana is willing to work with us to
   consummate a transaction, we will analyze further whether a higher
   value is warranted. In addition, we are flexible in considering a mix of
   cash and stock if it will facilitate a transaction.

ArvinMeritor, Inc. is a premier $7-billion global supplier of a broad range of integrated systems, modules and components to the motor vehicle industry. The company serves light vehicle, commercial truck, trailer and specialty original equipment manufacturers and related aftermarkets. In addition, ArvinMeritor is a leader in coil coating applications. The company is headquartered in Troy, MI, and employs 32,000 people at more than 150 manufacturing facilities in 27 countries. ArvinMeritor's common stock is traded on the New York Stock Exchange under the ticker symbol ARM. For more information, visit the company's Web site at: www.ArvinMeritor.com .

<