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Dana Corporation Changes Engine Products

22 May 1998

Dana Corporation Replaces Muskegon(R) Brand with Perfect Circle(R) Engine Products

    MUSKEGON, Mich., May 22 -- Dana Corporation's
Engine Products Group has announced that, effective immediately, the
Muskegon(R) piston ring brand name is being retired and replaced by the
Perfect Circle(R) brand name.
    The Muskegon brand name was acquired by Dana in 1988.  In recent years,
Muskegon ring packs were sold primarily to automotive engine rebuilding shops,
while other automotive parts outlets sold rings under the Perfect Circle brand
name.
    Dana Corporation cited numerous benefits of this change:
   -- As the world's largest manufacturer of piston rings, Dana's Perfect
       Circle enjoys strong brand recognition nationwide.  This recognition
       is supported by extensive advertising exposure and serves to enhance
       the image of products that use Perfect Circle brand components.
   -- The Engine Products Group will continue to supply the highest quality
       product available, preventing returns due to product defects.  Just
       one example was the recent naming of Dana's Perfect Circle as "1997
       Supplier of the Year" by the John Deere Engine Works, the highest
       honor bestowed on a supplier by Deere.  This award was presented to
       recognize extraordinary levels of quality and order fill.
   -- Engine rebuilders, machine shops, warehouse distributors, and
       automotive jobbers will only need to index the Perfect Circle product
       line.
   -- Dana's role as a major original equipment supplier of Perfect Circle
       Engine Products ensures the widest application coverage in the
       industry.
   -- The Engine Products Group maintains the largest piston ring
       manufacturing, packaging and test facilities in North America.  This
       assures maximum order fill and allows Perfect Circle to back it up
       with the technical expertise to solve the most challenging application
       problems.

    To ease the transition and accommodate engine rebuilders who are used to
the Muskegon product selection, Dana will continue to offer the top-selling
288 Muskegon ring pack part numbers under the Perfect Circle brand.
    "The consolidation of former Muskegon components into the Perfect Circle
brand umbrella is a natural move for us to make it easier and more convenient
for those servicing our vehicles to get the finest components available," said
Hugo Ferreira, vice president of the Dana Engine Products Group.  "This will
insure that engine rebuilders and automotive machine shops are installing
original equipment quality from one of the oldest and most respected suppliers
in the industry," he noted.
    The Engine Products Group is part of Dana's Engine Components Strategic
Business Unit.  Dana Engine Components provides advanced, synergistic, total
systems solutions to engine builders' parts design and sourcing, worldwide.
Dana Engine Components combines the strengths and capabilities of Victor
Reinz(R) gaskets and sealing products, Perfect Circle(R) power cylinder
components and heavy duty camshafts, Wix(R) filtration products, and Plumley
powertrain components.

    Dana Corporation is a leader in engineering, manufacture, and
distribution of products and services for the automotive, engine, heavy truck,
off-highway, industrial, and leasing markets.  Founded in 1904 and based in
Toledo, Ohio, Dana operates facilities in over 30 countries and employs more
than 50,000 people.  The company reported record sales of $8.3 billion in
1997.  Dana's Internet address is http://www.dana.com