ArvinMeritor Receives Request for Additional Information

TROY, Mich., Sept. 8 -- ArvinMeritor, Inc. today announced that it has received a request for additional information from the Federal Trade Commission (FTC) relating to its filing under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) in connection with its tender offer for all of the outstanding common shares of Dana Corporation . This request extends the waiting period under the HSR Act during which the FTC is permitted to review the proposed transaction. ArvinMeritor will continue to work with the FTC with respect to the filing. The company noted that the request is not unusual for transactions of this kind and that the scope of the request was as expected.

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The company's $15.00 net per share offer for all of the outstanding common shares of Dana common stock is scheduled to expire at 5:00 p.m. EDT, on Oct. 2, 2003, unless further extended.

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 .