Fleetwood Announces Senior Management Change

RIVERSIDE, Calif., March 31 -- Fleetwood Enterprises, Inc. announced today that Roger L. Howsmon, formerly executive vice president of the Housing Group, is no longer with the Company. Fleetwood will immediately begin a search for his replacement and anticipates that the position will be filled within a matter of weeks. Until then, officers previously reporting to Howsmon will report directly to Elden L. Smith, Fleetwood's president and chief executive officer.

"We are grateful to Roger for his hard work and dedication in what has been a difficult environment for the manufactured housing industry," said Smith. "We have the benefit of an exceptionally strong management team in our Housing Group and feel confident we will have a smooth transition to new leadership."

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 www.fleetwood.com.