6th March 2006 - Dana Corporation Chief Financial Officer Robert C. Richter Retires

Dana Corporation announced today that Vice President and Chief Financial Officer Robert C. Richter has retired from the company.

"Bob Richter served Dana for more than 30 years in a variety of leadership roles," said Dana Chairman and Chief Executive Officer Mike Burns. "We appreciate that Bob will continue to be available to the company for a period of time on a consulting basis and extend our best wishes for his success in future endeavors."

Mr. Richter joined Dana with its acquisition of the former General Ohio S&L Corporation, which he joined in 1974. He was appointed Chief Financial Officer of Dana in 1999.

Dana people design and manufacture products for every major vehicle producer in the world. Dana is focused on being an essential partner to automotive, commercial, and off-highway vehicle customers, which collectively produce more than 60 million vehicles annually. A leading supplier of drivetrain, chassis, structural, and engine technologies, Dana employs 46,000 people in 28 countries. Based in Toledo, Ohio, the company reported sales of $9 billion in 2004. Dana's Internet address is www.dana.com

Source: Dana Corporation Press Release