FLE Fleetwood Enterprises

Judge Rules Fleetwood Entitled to Permanent Injunction Against Coleman RIVERSIDE, Calif., Nov. 18 /PRNewswire-FirstCall/ -- Fleetwood Enterprises, Inc. (NYSE:FLE), announced today that the judge presiding over its legal dispute with The Coleman Company, Inc., ruled late yesterday that he has granted Fleetwood's request for a permanent injunction against Coleman, prohibiting Coleman from licensing the Coleman name in the recreational vehicle industry. This ruling in favor of Fleetwood came less than two weeks before the pending trial, currently slated for November 30, 2004. The trial will still proceed on the issue of Fleetwood Folding Trailer, Inc.'s and Coleman's respective claims for damages based on Coleman's termination of the license agreement in May 2003. Fleetwood's Senior Vice President, General Counsel and Secretary Forrest Theobald explained that Fleetwood's 1989 purchase agreement with Coleman contained a "negative covenant." The negative covenant is the agreement Coleman made to refrain from any use of the trademark registration "Coleman" in connection with branding recreational vehicles. "We are extremely pleased with the Court's decision to grant the permanent injunction, which prevents Coleman from breaching our agreement and licensing the name in competition with Fleetwood," Theobald said. About Fleetwood Fleetwood Enterprises, Inc., is one of the nation's largest producers of recreational vehicles, from motor homes to travel and folding trailers, and is a leader in the building, retailing and financing of 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 and manufactured housing plants, retail home centers, 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 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; exposure to interest rate and market changes affecting certain of the Company's assets and liabilities; 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. For further information please contact: Lyle Larkin, Vice President, Treasurer, +1-909-351-3535, or Kathy A. Munson, Director, Investor Relations, +1-909-351-3650, both of Fleetwood Enterprises, Inc. DATASOURCE: Fleetwood Enterprises, Inc. CONTACT: Lyle Larkin, Vice President, Treasurer, +1-909-351-3535, or Kathy A. Munson, Director, Investor Relations, +1-909-351-3650, both of Fleetwood Enterprises, Inc. Web site: http://www.fleetwood.com/

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