Dana Corporation - Press Releases Page 4 of 10 07/31/02 - Dana Selected as 'Best of the Best' in Four Product Categories 07/30/02 - Dana Offers Improved Mechanical Transaxle for Riding Mowers and Lawn Tractors 07/30/02 - Dana's New Low-Cost Hydrostatic Transmission Provides Smoother Acceleratic 07/30/02 - Dana's Outdoor Power Equipment Components Division to Consolidate Operatii for More Efficient Customer Service 07/30/02 - Environmental Recognition Award for Structural Solutions Facility 07/23/02 - BWD Awards Scholarship to Woman in Ford/AAA National Auto Repair Championship 07/17/02 - Dana Corporation Reports Second-Quarter Earnings 07/16/02 - Dana Corporation Declares Dividend 07/12/02 - Clevite Engine Builder Showdown to air Sunday on Fox Sports Net 07/12/02 - Spicer Off-Highway Product Division in Gravatai, Brazil Achieves ISO 9001 Certification 07/09/02 - New Victor Reinz 2002 Master Catalog Now Available with Over 3,500 New Applications Listings 07/01/02 - Borg-Warner Brand Backed With "No Comeback Guarantee" For High Tech Replacement Products 07/01/02 - BWD Automotive Seeking Applicants for Legacy Scholarships 06/27/02 - Dana Corporation Completes Sale of Selected DCC Subsidiaries 06/21/02 - Wix Awards Scholarships and Funding to FFA Chapters 06/19/02 - Dana Corporation Realigns Automotive Systems Businesses 06/17/02 - Wix Filters Earns Top Supplier Award From Aftermarket Auto Parts Alliance 06/17/02 - Borg-Warner Brand Offers Cool 6-Packs for Summer http://www.dana.com/news/pressreleases/ 11/18/2002

D A N A C O R P O R A T IO N / Annual Report 2001 The following table summarizes information about stock options under this plan at December 31, 2001: Outstanding Options Exercisable Options Range of Exercise Prices Number of Options Weighted Average Remaining Contractual Life in Years Weighted Average Exercise Price Number of Options Weighted Average Exercise Price $19.63-28.13 7,526,087 7.7 $24.60 2,617,753 $25.40 29.06-38.44 3,094,246 4.4 34.49 3,094,246 34.49 40.08-52.56 4,320,620 7.0 47.05 3,085,939 47.22 14,940,953 6.8 $33.14 8,797,938 $36.25 Outstanding at December 31, 1998 Granted -1999 Exercised - 1999 Outstanding at December 31, 1999 Granted - 2000 Outstanding at December 31, 2000 Granted - 2001 Outstanding at December 31, 2001 Number of Shares Weighted Average Exercise Price 120,000 21,000 (3,000) $35.12 50.25 24.25 138,000 21,000 $37.66 28.78 159,000 24,000 $36.49 17.64 183,000 $34.02 In April 2001, shareholders authorized an additional 5,000,000 shares under this plan.

Management's Discussion and Analysis of Financial Condition and Results of Operations Dollars In millions AAG also ended the year with a decline in sales.

Dana Corporation Page 68 of 176 Discontinued Operations In 2002, we announced plans to divest American Electric Components, Inc., Tekonsha Engineering Company, Theodore Bargman Company, the FTE brake and clutch actuation systems businesses and the majority of the Boston Weatherhead Division and the Engine Management businesses.

Dana Corporation Page 149 of 176 restructuring accruals to reflect changes in our estimates of the total cost remaining on uncompleted restructuring projects and gains and losses realized on the sale of assets related to restructuring.

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MONTEREY BAY Unified Air Pollution Control District serving Monterey, San Benito, and Santa Cruz counties AIR POLLUTION CONTROL OFFICER Douglas Chietin 24580 Silver Cloud Court l Monterey, California 93940 !