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DANA Inc Director's Dealing 2008

Sep 24, 2008

31487_dirs_2008-09-23_6cee6d7d-a171-480e-8a23-d78150398c37.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DANA HOLDING CORP (DAN)
CIK: 0000026780
Period of Report: 2008-09-19

Reporting Person: Silver Point Capital L.P. (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-09-19 Common Stock S 11500 $6.5063 Disposed 8213294 Direct

Footnotes

F1: Silver Point Capital, L.P. ("Silver Point") also holds 774,614 shares of convertible preferred stock of the issuer,
convertible into 5,872,737 shares of common stock, as previously reported on Form 3, filed by Silver Point on June 10, 2008.
In addition, Silver Point's acquisition of non-derivative shares reported on Form 4, filed on September 12, 2008, was
inadvertently overstated by 3,956 shares, resulting in an overstatement of the total number of non-derivative shares owned,
which has been adjusted in this Form 4.

F2: Silver Point is the investment manager of Silver Point Capital Fund, L.P. and Silver Point Capital Offshore Fund, Ltd. (the
"Funds") and, by reason of such status, may be deemed to be the beneficial owner of all of the reported securities held by
the Funds. Silver Point Capital Management, LLC ("Management") is the general partner of Silver Point and as a result may
be deemed to be the beneficial owner of all securities held by the Funds. Messrs. Edward A. Mule and Robert J. O'Shea are
each members of Management and as a result may be deemed to be the beneficial owner of all of the securities held by the
Funds. Silver Point, Management and Messrs. Mule and O'Shea disclaim beneficial ownership of the reported securities held
by the Funds except to the extent of their pecuniary interests.