Visteon Declares First Quarter 2004 Dividend

DEARBORN, Mich., Jan. 16, 2004 -- 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 March 1, 2004, to shareholders of record as of January 30, 2004. Visteon has paid a dividend each quarter since it became an independent, publicly traded company in June 2000.

(Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO )

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 75,000 employees and a global delivery system of more than 180 technical, manufacturing, sales, and service facilities located in 25 countries.

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