Cohen, Milstein, Hausfeld & Toll, P.L.L.C. Announces Class Action Lawsuit Against Dana Corporation

The law firm Cohen, Milstein, Hausfeld & Toll, P.L.L.C.
has filed a lawsuit on behalf of its client and on behalf of other
similarly situated purchasers of Dana Corporation ("Dana" or the
"Company") (NYSE:DCN) common stock between February 11, 2004 through
and including October 10, 2005 (the "Class Period").
   The Complaint charges Dana and certain of its officers and
directors with violations of Sections 10(b) and 20(a) of the
Securities Exchange Act of 1934 (the "Exchange Act"). The Complaint
alleges that defendants omitted or misrepresented material adverse
facts about the Company's financial condition, business prospects, and
revenue expectations during the Class Period.
   The Complaint alleges that defendants issued, or caused to be
issued, false and misleading statements during the Class Period.
Specifically, it is alleged, that the defendants' representations
regarding Dana were materially false and misleading when made for the
following reasons: (1) the Company had improperly recognized price
increases in its commercial-vehicle business, which materially
inflated its income figures; (2) Dana's financial statements were
presented in violation of Generally Accepted Accounting Principles;
and (3) the Company lacked the necessary personnel and controls to
issue accurate financial reports and projections.
   The Complaint alleges that on September 15, 2005, Dana announced
that it would restate its second quarter 2005 financial results and
lowered its 2005 earnings guidance from $1.30-$1.45 per share, to
$0.60-$0.70 per share. Following this news, Dana stock fell from a
close of $12.78 per share on September 14, 2005, to close at $9.86 per
share on September 15, 2005.
   It is also alleged that on October 10, 2005, prior to the opening
of the market, Dana announced that it would restate its 2004,
first-quarter 2005, and second-quarter 2005 financial statements and
stated that the Company postponed its third-quarter 2005 earnings
release and was withdrawing its earnings guidance for full-year 2005.
   Following this announcement, the price of Dana stock fell again
from $9.19 per share on Friday, October 7, 2005 to $6.04 per share on
Monday, October 10, 2005, a single-trading day drop of 34.28% on
unusually heavy trading volume.
   If you are a member of the class, you may, no later than December
5, 2005, request that the Court appoint you as Lead Plaintiff of the
class. Any member of the purported class may move the Court to serve
as Lead Plaintiff through counsel of their choice or may choose to
remain an absent class member.
   Cohen, Milstein, Hausfeld & Toll, P.L.L.C. has significant
experience in prosecuting investor class actions and actions involving
securities fraud. The firm has offices in Washington, D.C., New York,
Philadelphia and Chicago, and is active in major litigation pending in
federal and state courts throughout the nation. You may visit the
firm's website at www.cmht.com.
   The firm's reputation for excellence has been recognized on
repeated occasions by courts which have appointed the firm to lead
positions in complex multi-district or consolidated litigation. Cohen,
Milstein, Hausfeld & Toll, P.L.L.C. has taken a lead role in numerous
important cases on behalf of defrauded investors, and has been
responsible for a number of outstanding recoveries which, in the
aggregate, total in the billions of dollars.
   If you have any questions about this notice or the action, or with
regard to your rights, please contact either of the following: Steven
J. Toll, Esq. or Robert C. Smits; Cohen, Milstein, Hausfeld & Toll,
P.L.L.C., 1100 New York Avenue, N.W., West Tower, Suite 500,
Washington, D.C. 20005; Telephone: [phone] or 202-408-4600;
Email: [e-mail] or [e-mail]