Dana Holding Corporation Reschedules 2008 Earnings Announcement and Conference Call for March 16

TOLEDO, Ohio, February 23, 2009: Dana Holding Corporation announced today that it is rescheduling its 2008 earnings announcement to coincide with the filing of its 2008 Form 10-K, which is anticipated to occur on March 16, 2009.

While company practice has been for Dana's earnings announcement and SEC filings to coincide, Dana had originally planned to accelerate the timing of its 2008 earnings call. However, due to rapidly changing economic conditions, including global vehicle production levels, the company is still in the process of finalizing its 2008 Form 10-K.

As such, Dana now plans to announce its 2008 fourth-quarter and full-year earnings and file its 2008 10-K on Monday, March 16. At 10:30 a.m. ET, on that date, members of the company's senior management team will host a conference call and supporting webcast to discuss these results and address related questions.

Participants may listen to the audio portion of the conference call either through audio streaming online or by telephone. Slide viewing is only available online via a link provided on the Dana investor Web site: DANA CORPORATE .

To dial into the conference call, domestic locations should call 1-888-311-4590 (Conference I.D. number 83216554). International locations should call 1-706-758-0054 (Conference I.D. number 83216554). Please ask for the Dana Holding Corporation Financial Webcast and Conference Call. Phone registration will be available beginning at 10 a.m. ET.

An audio recording of this conference call will be available after 5 p.m. ET on March 16. To access this recording, please dial 1-800-642-1687 (U.S. or Canada) or 1-706-645-9291 (international) and enter the conference I.D. number 83216554.

A webcast replay will also be available after 5 p.m. ET on March 16. This replay may be accessed via the Dana Investor Web site.