LAS VEGAS, March 11, 2008 Today at CONEXPO-CON/AGG 2008, Dana Holding Corporation introduced the Spicer^® Model 110 (17R008) axle, a compact axle for two- to four-ton vehicles. This axle features a modular design that improves reliability and allows for installation on a wide variety of hydrostatic-drive construction and material-handling vehicles.

The Spicer Model 110 (17R008) axle has rapidly become an extremely successful component in Europe,” said Gabriele DiGennaro, product manager for the Dana Off-Highway Products Group. Suitable for site dumpers as well as compact front-end loaders and other construction utility vehicles, this axle demonstrates Dana™s ability to produce quality drivetrain components for price-sensitive, specialized vehicle markets.”

The Spicer Model 110 (17R008) axle is a double-reduction rigid axle rated at 800 daNm maximum output torque, providing a 3600 daN dynamic load capacity. This axle includes hydraulically applied wet disc service brakes, a mechanical parking brake with levers, a standard or 45-percent limited-slip differential, a 1270 to 1530 mm flange-to-flange range, and an 11.9-to-15.4 axle ratio range. A modified, drive-steer version of this axle will also be offered in late 2008.

The Spicer Model 110 (17R008) axleis being shown this week in Dana™s booth at CONEXPO-CON/AGG, located in the Las Vegas Convention Center™s South Hall, Booth S-16313.

About Dana Off-Highway Products Group

Dana 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. The group also provides replacement parts and service. Dana Off-Highway Products Group serves more than 1,000 vehicle assembly and manufacturing facilities in 30 countries. It also has two global distribution centers and more than 50 authorized service centers supporting customers in more than 100 countries. Construction, agriculture, forestry, underground mining, material handling, outdoor power, leisure/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 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 and engine manufacturer in the global automotive, commercial vehicle, and off-highway markets, which collectively produce more than 70 million vehicles annually. Based in Toledo, Ohio, the company”s continuing operations employ approximately 35,000 people in 26 countries and reported 2006 sales of $8.5 billion, with more than half of this revenue derived from outside the United States. For more information, please visit www.dana.com.