DCN Dana Cp

Ann D. White Law Offices, a law firm in Jenkintown, Pennsylvania announces that a lawsuit has been filed in the United States District Court for the Northern District of Ohio, on behalf of a class of persons who purchased the securities of Dana Corporation (NYSE:DCN) between March 23, 2005 and September 14, 2005, inclusive (the "Class Period"). If you are a member of this class and would like a copy of the complaint and to join this class action, please e-mail us at awhite@awhitelaw.com. If you are a member of the class, you may move the Court, through counsel of your choice, no later than December 5, 2005 to serve as lead plaintiff for the class. Any member of the purported class may move the Court to serve as lead plaintiff. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. Under certain circumstances, one or more class members may serve together as lead plaintiff. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as lead plaintiff. You may retain Ann D. White Law Offices, P.C. or other counsel of your choice. The complaint alleges that Dana made false and misleading statements regarding the Company's financial performance and condition. On September 15, 2005 Dana issued a press release announcing that it would restate second quarter results and that it was dramatically reducing guidance for 2005, to $0.60-$0.70 per share from $1.30-$1.45. In addition, the Company announced that it may be in violation of certain loan covenants, and that it might have to write down the value of certain U.S. deferred tax assets. In reaction to the announcement, Dana's stock price fell dramatically from $12.78 per share on September 14, 2005 to $9.86 per share on September 15, 2005, a drop of 22.8%. Our firm's attorneys have considerable experience representing plaintiffs and defendants in securities, antitrust, consumer rights and other commercial litigation. If you have any questions about the lawsuit or how you may be able to participate, please contact us.