Dana Strengthens Drivetrain Solutions Offering for Construction OEMs in Russia, CIS

MOSCOW, May 31, 2011 -

Dana Holding Corporation (NYSE: DAN) today introduced new, integrated
drivetrain systems that represent the company's deepening support for
construction OEMs in Russia and the Commonwealth of Independent States.

(Logo: photos.prnewswire.com/prnh/19990903/DANA )

Dana presented its new Spicer(R) TZL Series powershift transmission to
the Russian market at the CONEXPO Russia at CTT 2011 construction equipment
show here.

Providing superior performance and durability, the Spicer TZL Series is
the first in a line of transmissions scheduled to begin production this year
at Dana's assembly facility in Wuxi, China. The TZL Series is shown as part
of a complete 21-tonne front-end loader system that also includes robust,
field-proven Spicer Hercules(TM) Series axles and durable Spicer Wing(TM) and
Compact(TM) Series driveshaft options.

Dana's exhibit is located in Pavilion 1, Hall 3, Stand 3-250 of the
Crocus Expo International Exhibition Centre.

Dana is also demonstrating the convenience it offers to customers as the
single source for drivetrain replacement parts and services under the
Spicer(R) brand umbrella, including Clark(TM), Clark-Hurth(TM), Sige(TM),
Comaxle(TM), Kirkstall(TM), Spicer(R) GWB(TM), Spicer(R) Italcardano(TM), and
Spicer(R) Ayra-Cardan(TM), as well as Victor Reinz(R) sealing products.

"The vitality and growth of the construction market in Russia and the CIS
has never been more evident," said Mark Wallace, president of Dana's Heavy
Vehicle Group. "There is tremendous investment in facilities that will host
marquee events in the region, such as the 2012 APEC Summit in Vladivostok,
the 2014 Winter Olympics in Sochi, and the 2018 FIFA World Cup. We are eager
to work closely with vehicle manufacturers in this region as a Tier 1
supplier with unique capabilities in the integration of value-added
drivetrain systems for construction machines."

21-Tonne Front-End Loader System
Dana will debut a 21-tonne drivetrain system for front-end loaders that
features the new Spicer TZL Series powershift transmission, Spicer Hercules
37R and 43R axles, and the Spicer Wing Series Model 7C driveshaft.

Scheduled for production in 2011 at the Dana assembly facility in Wuxi,
Jiangsu Province, China, the Spicer TZL16 transmission has been engineered to
supply superior 17-tonne front-end loaders with higher horsepower capability,
reduced maintenance, and smoother, quieter operation. An enhanced TZL18
version designed for 21-tonne front-end loaders is planned shortly after the
launch of the TZL16.

The Spicer TZL is a new four-speed transmission platform that uses proven
internal components from the extensive line of Spicer powershift
transmissions already available for the off-highway market. It includes
high-energy-capacity forward and reverse clutches, adaptive clutch
modulation, and helical gears to deliver a robust transmission with improved
shift quality.

Engineered with a rigid, multi-piece load-bearing structure including the
differential carrier, housing arms, high-energy wet brakes, and planetary
wheel ends, Spicer Hercules 37R and 43R axles accommodate multiple vehicle
platform configurations.

Spicer 37R and 43R axles are available with Posi-Torq(TM) and
Hydraloc(TM) differential designs that provide excellent torque bias
performance in a wide range of ground traction conditions. Using large
multi-plate clutch discs actuated by gear-separating forces, the Posi-Torq
design provides a 45-percent locking capacity, resulting in up to 72-percent
torque transfer to the high-traction wheel.

As an operator-controlled differential, the Hydraloc design for 37R and
43R series axles allows for moment-to-moment lock-and-release control,
delivering superior ground torque bias in severe traction conditions. In its
unlocked condition, the Hydraloc differential permits free vehicle steering
to facilitate maximum maneuverability. Once locked, a hydraulic piston
applies force to a large multi-plate wet clutch, resulting in up to
100-percent torque transfer to the high-traction wheel.

About Dana's Off-Highway Products Group
Dana's Off-Highway Products Group includes research and development and
manufacturing operations in Belgium, Brazil, China, Hungary, India, Italy,
Mexico, the United Kingdom, and the United States. It designs, manufactures,
assembles, and markets Spicer axles and transaxles, driveshafts and
end-fittings, transmissions, torque converters, electronic controls, and
brakes.

Dana's Off-Highway Products Group serves more than 1,000 vehicle assembly
and manufacturing facilities in 30 countries. Dana also supports off-highway
customers in more than 100 countries by supplying genuine Spicer service
parts, operating two global service parts distribution centers, and
certifying nearly 70 Authorized Spicer Service Centers. Construction,
agriculture, forestry, underground mining, material handling, outdoor power,
leisure/utility vehicles, and industrial equipment are just some of the
markets that demand the quality found in Spicer products and genuine service
parts. For more information, visit www.dana.com/offhighway.

About Dana Holding Corporation
Dana is a world leader in the supply of driveline products (axles,
driveshafts, and transmissions), power technologies (sealing and
thermal-management products), and genuine service parts for light- and
heavy-duty vehicle manufacturers. The company's customer base includes nearly
every major vehicle manufacturer in the global automotive, commercial
vehicle, and off-highway markets. Based in Maumee, Ohio, the company employs
approximately 22,500 people in 26 countries and reported 2010 sales of $6.1
billion. For more information, please visit www.dana.com.

Jeff Cole, +1-419-887-3535, jeff.cole at dana.com