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Visteon Declares Third Quarter Dividend

14 July 2000

Visteon Declares Third Quarter Dividend

    DEARBORN, Mich. - The Board of Directors of Visteon Corporation declared a 
quarterly dividend of $0.06 per share on the company's common stock.  The 
dividend is payable on September 1, 2000, to shareholders of record as of 
August 2, 2000.

    "This inaugural dividend, declared just two weeks after we became an
independent company, is an initial expression of our commitment to
shareholders on our road to becoming the world's leading supplier of
integrated automotive technology systems," said Visteon Chairman, President
and CEO Peter J. Pestillo.

    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 a global delivery system of more than 130 technical, manufacturing, sales,
and service facilities located in 23 countries.  It has 81,000 employees
working in three business segments: Dynamics and Energy Conversion; Comfort,
Communication and Safety; and Glass.