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D A N A C O R P O R A T IO N / Annual Report 2001 This heightened emphasis on technology also supports our industry's most significant trend - the move toward modularity and systems integration.

Dana Page 2 of 3 05/10/02 - Dana Begins Providing Technologically Advanced Hydroformed Structural Systems for the 2003 Ford Expedition and Lincoln Navigator 04/30/02 - DANA CORPORATION'S TORQUE MANAGEMENT FACILITY EARNS CCME POLLUTION PREVENTION AWARD 04/19/02 - DANA CORPORATION INTEGRATES LIGHT AXLE, DRIVESHAFT BUSINESSES AS PART OF CUSTOMERFOCUSED REALIGNMENT 03/28/02 - DANA'S FORT WAYNE FACILITY EARNS ISO 14001 CERTIFICATION 03/18/02 - DANA TO S U PPLY TRACTIONAND TORQUE MANAGEMENT TECHNOLOGIES FOR TWO NEW JEEP MODELS 02/14/02 - DANA CORPORATION'S ADVANCED TRACTION TECHNOLOGIES SAVE SPACE, IMPROVE HANDLING FOR 2002 RANGE ROVER 01/22/02 - DANA TRACTION TECHNOLOGIES GROUP IMPLEMENTS advanced real-time quality tracking SYSTEM TO DOMESTIC AND GLOBAL SUPPLIERS 01/08/02 - DANA CORPORATION TO SUPPORT 2003 DODGE VIPER WITH HIGH-PERFORMANCE, ADVANCED TRACTION TECHNOLOGIES 12/19/01 - DANA CORPORATION'S DRIVESHAFT PRODUCTS GROUP CHANGES NAME TO REFLECT BROADER RANGE OF TECHNOLOGY 12/18/01 - DANA CORPORATION SELECTED AS 4WD SYSTEM SUPPLIER FOR 2002 FORD ESCAPE IN TAIWAN 12/14/01 - DANA CORPORATION DRIVESHAFT, ENGINE PRODUCT FACILITIES EARN COMMONWEALTH OF KENTUCKY'S TOP QUALITY AWARD 12/13/01 - DANA UNIT RELEASES REAL-TIME QUALITY TRACKING SYSTEM TO SUPPLIERS 12/12/01 - DANA TRACTION TECHNOLOGIES GROUP OBTAINS ISO 14001 CERTIFICATION FOR TEN OF ITS GLOBAL FACILITIES 12/11/01 - DANA CORPORATION SELECTED AS 'BEST OF THE BEST' AMONG AXLE SUPPLIERS IN INDUSTRY SURVEY http://www.dana.com/automotive_systems/news/ 11/18/2002

Dana Corporation Page 146 of 176 Table of Contents 2001 ASG EFMG HVTSG DCC Other Goodwill amortization Total continuing operations Discontinued operations Total operations Restructuring and unusual items Consolidated North America Europe South America Asia Pacific DCC Other Goodwill amortization Total continuing operations Discontinued operations Total operations Restructuring and unusual items Consolidated External Sales InterSegment Sales Net Operating Profit Net Capital EBIT PAT (Loss) Assets Spend Depreciation/ Amortization $3,485 2,151 1,751 93 7,480 7,480 $7,480 ***** $5,469 1,255 432 324 7,480 7,480 $7,480 $ 92 58 89 1,172 1,411 1,411 $ 168 74 61 (148) (38) $ 133 48 37 31 (218) (32) 117 (1) 30 6 147 5 $ 50 $1,837 1 1,327 (9) 709 31 198 (42) (27) (32) $179 55 32 1 1 (1) 4,044 6 268 5 4,044 268 $1,411 $ 88 73 124 2 287 287 (466) $(319) $ 261 39 13 6 (164) (38) 117 30 147 (303) $(298) $ 166 43 (3) 3 31 (209) (32) (1) 6 5 (303) $(298) $4,044 $ 45 $2,527 13 975 (13) 415 (8) 146 31 198 (37) (217) (32) $268 MB $179 36 26 25 2 (1) 4,044 6 268 5 4,044 268 $ 287 (466) $(319) (303) $(298) (303) $(298) $4,044 $268 $158 112 69 4 343 343 $343 $222 70 34 14 3 343 343 $343 Management evaluates the operating segments and regions as if DCC were accounted for on the equity method of accounting rather than on the fully consolidated basis used for external reporting.

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Controls and Instruments Illinois Testing Laboratories, Inc.

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Insulation MICROLITE -- GLASS FIBER ---- ' INSULATING WOOL GLASS FIBERS inc. 1810 Madison Ave., Toledo 2, Ohio Sales Offices and Distributors in Principal Cities MICROLITE is a low density, resilient glass fiber insulating material with high thermal efficiency and sound absorption characteristics.

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