7/1/2004 New Spicer Replacement Carrier Program  
    New Spicer Replacement Carrier Program Saves Money, Removes Hassles TOLEDO, Ohio – The Heavy Vehicle Technologies and Systems Service (HVTSS) division of Dana Corporation (NYSE: DCN) has launched a new program that eliminates the time and expense associated with purchasing and returning heavy-duty axle carrier cores. With the new Core-Free Carrier Program™, Spicer® Heavy Axle customers will no longer be accessed a core charge when purchasing a carrier assembly. The program will do away with the need to, and the costs associated with, returning cores for credit. The Core-Free Carrier Program goes into effect July 1, 2004, when Danawill begin offering only new Spicer carriers. Dana is eliminating Remanufactured Carriers from the product line. Another change being made is the addition of a 2-year, unlimited miles warranty on any remanufactured carrier that customers still have in inventory and sell after July 1. Consequently, remanufactured units can be sold with the same warranty as the new Spicer carriers. This will help customers use up any existing inventory and still be covered with the same warranty as that with a new carrier. “Everyone benefits from this winning program,” said Bernie Powers, Spicer heavy axle product manager. “We’ve eliminated a time-consuming and expensive aspect of our business, which will translate to better, overall service to our distributors, dealers and OEM customers. The costs associated with handling cores often tied up thousands of dollars of the dealer's money. Now our customers will be able to take that money and spend it in ways that will benefit other areas of their business.” Heavy Vehicle Technologies and Systems Service is part of Dana’s Commercial Vehicle Systems Group which designs, manufacturers, and markets front-steer axles, rear-drive, trailer and auxiliary axles; driveshafts; steering shafts; brakes; and related systems, modules, and services. Major components and modules are marketed under the Spicer brand name. Dana’s strategic alliance with Eaton Corporation’s truck components provides innovative drivetrain solutions under the Roadranger® Drivetrain System. For more information on the new Core-Free Carrier Program™ and other Roadranger products and services, visit the Internet at www.roadranger.com, or write to Roadranger Marketing, P.O. Box 4013, Kalamazoo, MI 49003. To reach a Roadranger right now, dial 1-800-826-HELP (4357) in the U.S. and Canada. In Mexico, dial 01-800-826-4357. Dana Corporation is a global leader in the design, engineering, and manufacture of value-added products and systems for automotive, commercial, and off-highway vehicles. Delivering on a century of innovation, the company's continuing operations employ approximately 45,000 people worldwide dedicated to advancing the science of mobility. Founded in 1904 and based in Toledo, Ohio, Dana operates technology, manufacturing, and customer-service facilities in 30 countries. Sales from continuing operations totaled $7.9 billion in 2003. ###  
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