FLE Fleetwood Enterprises

Production Also Commences at Housing Plant in Southern California RIVERSIDE, Calif., Feb. 1 /PRNewswire-FirstCall/ -- Fleetwood Enterprises, Inc. (NYSE:FLE), a leading producer of recreational vehicles and manufactured housing, announced today the re-opening of its Edgerton, Ohio, plant. The plant will initially manufacture travel trailers for orders placed by the Federal Emergency Management Agency (FEMA) as part of the agency's disaster relief plan in the aftermath of Hurricane Katrina. The plant will then transition to producing Prowler, Wilderness and Terry products. The Edgerton plant was originally opened in 1969 and closed in December 2004. Fleetwood plans to hire 150 associates with plans to grow to 200 associates within the year. "We are extremely pleased to re-open our Edgerton facility, allowing us to not only meet growing demand, but to also bring jobs back to the area," said Elden L. Smith, president and chief executive officer of Fleetwood Enterprises. "This plant has a history of more than 30 years of quality work and we look forward to continuing that success." In addition, the Company's previously announced new plant in Perris, California, is now producing manufactured homes, the first of which will be completed this Friday. A new product line, which was introduced specifically for production at the Perris plant, complements the product offering at the nearby plant in Riverside, California. Under the direction of the Riverside facility's management team with a separate production management team, the Perris plant has approximately 100 employees. The Perris plant will supplement Fleetwood's capacity at its Riverside and Glendale, Arizona, facilities, allowing further participation in the Southwest's healthy manufactured housing market. About Fleetwood Fleetwood Enterprises, Inc. is a leading producer of recreational vehicles and manufactured homes. This Fortune 1000 company, headquartered in Riverside, Calif., is dedicated to providing quality, innovative products that offer exceptional value to its customers. Fleetwood operates facilities strategically located throughout the nation, including recreational vehicle, manufactured housing and supply subsidiary plants. For more information, visit the Company's website at http://www.fleetwood.com/. This press release contains certain forward-looking statements and information based on the beliefs of Fleetwood's management as well as assumptions made by, and information currently available to, Fleetwood's management. Such statements reflect the current views of Fleetwood with respect to future events and are subject to certain risks, uncertainties, and assumptions, including risk factors identified in Fleetwood's 10-K and other SEC filings. These risks and uncertainties include, without limitation, the cyclical nature of both the manufactured housing and recreational vehicle industries; ongoing weakness in the manufactured housing market; continued acceptance of the Company's products; the potential impact on demand for Fleetwood's products as a result of changes in consumer confidence levels; the effect of global tensions, gasoline prices and other factors on consumer confidence; expenses and uncertainties associated with the introduction and manufacturing of new products; the future availability of manufactured housing retail financing, as well as housing and RV wholesale financing; availability and pricing of raw materials; changes in retail inventory levels in the manufactured housing and recreational vehicle industries; competitive pricing pressures; the ability to attract and retain quality dealers, executive officers and other personnel; and the Company's ability to obtain financing needed in order to execute its business strategies. Actual results, events and performance may differ materially. Contact: Lyle Larkin, Vice President & Treasurer (951) 351-3535 or Kathy A. Munson, Director - Investor Relations (951) 351-3650 First Call Analyst: FCMN Contact: kathy.munson@fleetwood.com DATASOURCE: Fleetwood Enterprises, Inc. CONTACT: Lyle Larkin, Vice President & Treasurer, +1-951-351-3535, or Kathy A. Munson, Director - Investor Relations, +1-951-351-3650, both of Fleetwood Enterprises, Inc. Web site: http://www.fleetwood.com/

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