Dana to Supply Rear Drive Systems to Ford in Australia

Toledo, Ohio (PROTEXT) - Dana Corporation (NYSE: DCN)announced today that its subsidiary Dana Australia Pty. Ltd. hasbeen selected to design and supply independent rear suspensiondrive systems for a future Ford Motor Company vehicle. Thesystems and vehicles will be produced in Australia. (Photo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) "This project is an excellent opportunity to capitalize onseveral of Dana's strengths," said Bill Carroll, president ofDana's Automotive Systems Group. "We have significant design anddevelopment responsibility, and an opportunity to combine oursystems integration expertise, to meet increased speed-to-marketneeds for our customer." In addition to the development responsibilities mentioned,Dana will also be responsible for managing the supply chain inareas such as supplier selection, logistics, engineering,testing, and validation. "This project allows us to expand our capabilities upstreamand add value throughout the process," said Mike Laisure, vicepresident of Dana's Modules and Systems Group. "It is anexcellent opportunity to build on our expertise as a systemsintegrator, and to demonstrate the value of Dana's componenttechnology and experience." Dana's Automotive Systems Group provides under-the-vehicleproducts and integrated modules and systems to customers anywherein the world. The Automotive Systems Group consists of Spicer(R)axle products, Spicer(R) driveshaft products, Parish(R)structural products, Nakata(R) steering and suspension products,FTE(R) Automotive brake and clutch systems, and a systemsengineering integration and logistics unit. Dana Corporation is one of the world's largest independentsuppliers to vehicle manufacturers and their relatedaftermarkets. Founded in 1904 and based in Toledo, Ohio, thecompany operates some 330 major facilities in 32 countries andemploys more than 86,000 people. The company reported sales of$12.5 billion in 1998. Dana's Internet address is www.dana.com .ots Original Text Service: Dana Corporation Internet:http://www.newsaktuell.de Contact: Gary Corrigan of DanaCorporation (USA) 419-535-4813 Photo:http://www.newscom.com/cgi-bin/prnh/19990903/DANA Company NewsOn-Call: http://www.prnewswire.com/comp/226839.html or fax,(USA) 800-758-5804, ext. 226839 Web site: http://www.dana.com

Subscribers please note that material bearing the slug"PROTEXT" is not part of CTK's news service and is not to bepublished under the "CTK" slug. Protext is a commercial serviceproviding distribution of press releases from clients, who areidentified in the text of Protext reports and who bear fullresponsibility for their contents.