Document RJy6k9qReQ3907x2jNvJbb4Gv

Dana Corporation Page 12 of 176 we produce in the U.S. In addition to normal business risks, operations outside the U.S. may be subject to a greater risk of changing political, economic and social environments, changing governmental laws and regulations, currency revaluations and market fluctuations. Consolidated non-U.S. sales were $3,176, or 40% of our 2003 consolidated sales. Including U.S. exports of $397, non-U.S. sales accounted for 45% of 2003 consolidated sales. Our non-U.S. net 4 http://www.sec.gov/Archives/edgar/data/26780/000095015204001384/105571 ael 0vk.htm 8/1/2004