Fleetwood to Display LifeStages(TM) Home at the ABS West(R) Conference in Phoenix, Arizona RIVERSIDE, Calif., Feb. 1 /PRNewswire/ -- Fleetwood Homes, a leading producer and retailer of manufactured housing, today announced it will display its new LifeStages(TM) Home at the 10th Annual Asset Backed Securities West Conference (ABS West(R)), produced by Information Management Network, Inc. The ABS West(R) Conference will be held at the J.W. Marriott Desert Ridge Resort & Spa in Phoenix, Arizona from February 7-10, 2005. "ABS West(R) provides an ideal forum for Fleetwood to educate the capital markets about the long-term viability of our products and this industry, as we have worked hard to make fundamental changes that ensure favorable long-term loan portfolio performance," said Roger Howsmon, executive vice president of Fleetwood Homes. "Our diverse product line lends credibility to the industry as a whole and the sustainable investment opportunities associated with it." "We're looking forward to providing prospective ABS investors their first hands-on experience with our homes to demonstrate Fleetwood's unparalleled quality and aesthetic appeal," said Joe Corona, vice president of housing finance for Fleetwood Enterprises. "We're confident that Fleetwood can attract liquidity back to the manufactured housing industry to help foster consistent growth and sustained success." The 1,490 square foot LifeStages(TM) Home displayed at ABS West(R) will feature: * 2 bedrooms/2 bathrooms * 2 living rooms/formal dining room * Large family room * Craftsman-influenced front elevation with integrated porch * Gourmet kitchen with breakfast nook and snack bar * Abundance of closet and storage space * Vaulted ceilings throughout * Painted drywall throughout * Whirlpool(TM) appliances * Options allow for multiple configurations to increase square footage with optional four foot stretch * Attached garage * More than 10 LifeStages(TM) floor plans are available regionally to meet different geographic market needs * Available as HUD or modular constructed home For more information, please visit http://www.fleetwoodhomes.com/. About Fleetwood Enterprises 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/. About ABS West(R) Held biannually, ABS West(R) is the largest capital markets industry conference in the country. With over 2,400 participants, the conference is widely attended by ratings agencies, investment banking firms, Government Sponsored Enterprises and bond investors. Contact: Jennie McCann Porter Novelli 415-975-3328 DATASOURCE: Fleetwood Homes CONTACT: Jennie McCann of Porter Novelli, +1-415-975-3328, for Fleetwood Homes Web site: http://www.fleetwoodhomes.com/ http://www.fleetwood.com/

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