TOLEDO, Ohio — The New York Stock Exchange has accepted Dana Holding Corp.’s plan for continued listing on the exchange. In Dec. 2008, Dana had been informed by the NYSE that it had fallen below the exchange’s continued listing standard of maintaining both an average closing price of at least $1 per share and average market capitalization of at least $100 million for a consecutive 30-day trading period.

Regarding the $1 per share requirement, on Feb. 5, the NYSE announced a temporary suspension of its share-price standard through June 30. Dana has until October 2009 to cure its share price non-compliance.

Dana’s common stock will continue to be listed on the NYSE, subject to quarterly reviews by the exchange’s Listings and Compliance Committee to ensure progress against the plan. The NYSE will conduct its reviews over an 18-month period, which began on Dec. 18, 2008. Dana must achieve a global market capitalization of $100 million over a consecutive 30-day trading period at the completion of the 18-month plan period, or over two consecutive quarterly monitoring periods.

Dana said it will continue to work proactively with the NYSE to maintain the listing of its common stock during the relevant compliance periods.