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Dana Holding Corporation Board of Directors Authorizes Payment of Dividend on Preferred Stock

   Dana Holding Corporation logo. (PRNewsFoto/Dana Holding Corporation)

TOLEDO, OH UNITED STATES
    TOLEDO, Ohio, July 23 /PRNewswire-FirstCall/ -- The Board of Directors
of Dana Holding Corporation (NYSE: DAN) announced that it has authorized
the payment of a dividend to shareholders of 4.0 percent Series A
Convertible Preferred Stock and 4.0 percent Series B Convertible Preferred
Stock. A cash payment of $1.00 per share for the period from June 1, 2008,
through August 31, 2008, will be payable on September 2, 2008, to preferred
shareholders of record at the close of business on August 1, 2008.

    (Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA )

    About Dana Holding Corporation

    Dana is a world leader in the supply of axles; driveshafts; and
structural, sealing, and thermal-management products; as well as genuine
service parts. The company's customer base includes virtually every major
vehicle manufacturer in the global automotive, commercial vehicle, and
off-highway markets, which collectively produce nearly 70 million vehicles
annually. Based in Toledo, Ohio, the company employs approximately 35,000
people in 26 countries and reported 2007 sales of $8.7 billion. For more
information, please visit: http://www.dana.com/ .



SOURCE Dana Holding Corporation




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  • http://www.dana.com
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    CONTACT:
    Investors: Karen Crawford, +1-419-535-4635;
    Media: Chuck Hartlage, +1-419-535-4728, both of Dana Holding
    Corporation