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UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK RECEIVED --------------------------------------------------------------------x JAN 2s 20 In re Chapter 11 OFFIC OFENTERGENCYSERVICES Dana Corporation,et al., Case No. 06-10354(BRL) Debtors. (Jointly Administered) --------------------------------------------------------------------X NOTICE OF ENTRY OF ORDER CONFII2MING THE THIRD AMENDED JOINT PLAN OF REORGANIZATION OF DEBTORS AND DEBTORS IN POSSESSION PLEASE TAKE NOTICE OF THE FOLLOWING: 1. Confirmation of the Plan. On December 26,2007,the United States Bankruptcy Court for the Southern District of New York(the"Bankruptcy Court')entered an order(the"Confirmation Order")confirming the Third Amended Joint Plan of Reorganization of Debtors and Debtors in Possession,dated October 23,2007(as it may have been amended, supplemented or modified,the"Plan"),in the chapter I1 cases of the above-captioned debtors and debtors in possession (collectively,the"Debtors"). Unless otherwise defined in this Notice,capitalized terms and phrases used herein have the meanings given to them in the Plan and the Confirmation Order. 2. Discharge of Claims and Termination of Interests. a. Except as provided in the Plan of in the Confirmation Order,the rights afforded under the Plan and the treatment of Claims and Interests under the Plan shall be in exchange for and in complete satisfaction,discharge and release of all Claims and termination of all Interests arising on or before the Effective Date,including any interest accrued on Claims from and after the Petition Date. Except as provided in the Plan or in the Confirmation Order,Confirmation shall,as of the Effective Date and immediately after cancellation of the Old Common Stock of Dana: (i)discharge the Debtors from all Claims or other debts that arose on or before the Effective Date,and all debts of the kind specified in sections 502(g),502(h) or 502(1)of the Bankruptcy Code,whether or not(A)a proof of Claim based on such debt is Filed or deemed Filed pursuant to section 501 of the Bankruptcy Code,(B)a Claim based on such debt is allowed pursuant to section 502 of the Bankruptcy Code or(C)the holder of a Claim based on such debt has accepted the Plan;and(ii)terminate all Interests and other rights of holders of Interests in the Debtors. b. In accordance with the foregoing,except as provided in the Plan,the Confirmation Order constitutes a judicial determination,as of the Effective Date and immediately after the cancellation of the Old Common Stock of Dana,but prior to the issuance of the New Dana Holden Common Stock,of a discharge of all Claims and other debts and Liabilities against the Debtors and a termination of all Interests and other rights of the holders of Interests in the Debtors,pursuant to sections 524 and 1141 of the Bankruptcy Code,and such discharge shall void any judgment obtained against the Debtors at any time,to the extent that such judgment relates to a discharged Claim or terminated Interest. 3. Releases. a. General Releases by Debtors and Reorganized Debtors. Without limiting any other applicable provisions of,or releases contained in,the Plan,as of the Effective Date,the Debtors and the Reorganized Debtors,on behalf of themselves and their affiliates,the Estates and their respective successors,assigns and any and all entities who may purport to claim by,through,for or because of them,shall forever release,waive and discharge all Liabilities that they have,had or may have against any Released Party except with respect to obligations arising under the Plan,the Global Settlement and the B-2 Backstop Commitment Letter;provided,however,that the foregoing provisions shall not affect the liability of any