Monaco Coach, E*TRADE Consumer Finance Team to Offer No Down Payment, No Payment for Six Months Financing and Free Fuel

COBURG, Ore., June 8 -- Monaco Coach Corporation today announced it has joined with E*TRADE Consumer Finance Corporation (ETCF), a member of the E*TRADE FINANCIAL family of companies, to offer buyers no down payment, no payments for six months financing and free fuel when financing new Monaco Coach Corporation products.

(Logo: http://www.newscom.com/cgi-bin/prnh/19991018/MONACO)

Effective immediately, ETCF will offer 'no money down and no payments for six months' financing, on approved credit, to customers who buy any new 2005 Monaco, Holiday Rambler, Beaver, Safari or McKenzie motorhome, travel trailer or fifth wheel through an authorized dealership(1). Monaco Coach will also provide a free fuel card on any of the above-described purchases, with the value of the card determined by the value of the amount financed by ETCF. The promotion's slogan is "Zero-Zero-FREE -- It's time to buy a new RV." The promotion runs through July 31, 2005.

"These three components carry a powerful message and are a great tool to our dealers and potential buyers -- they add up to no down payment, no monthly payments, and free fuel for the summer," said Monaco Vice President of Sales Mike Snell. "This promotion gives new retail customers an opportunity and reason to drive home a Monaco, Holiday Rambler, Beaver, Safari, or McKenzie RV and to take an RV vacation this summer."

"We have always strived to provide quality service with flexible, efficient lending products," said Ed Arienti, Vice President, Recreational Product Loans for ETCF. "The ever present hallmarks of innovation, accessibility, and excellence of execution are the drivers that ensured Monaco's selection of E*TRADE Consumer Finance Corporation."

   (1) Finance charges will accrue from the date of contracting.  Offer void
       where prohibited.

  About Monaco Coach Corporation

Headquartered in Coburg, Oregon, with additional manufacturing facilities in Eastern Oregon and Indiana, Monaco Coach Corporation employs more than 5,900 people and is one of the nation's leading manufacturers of recreational vehicles. The Company offers entry-level priced towable RVs up to custom made luxury recreational vehicle models under the Monaco, Holiday Rambler, Safari, Beaver, McKenzie and Royale Coach brand names. For additional information about Monaco Coach Corporation please visit www.monaco-online.com.

About E*TRADE FINANCIAL

The E*TRADE FINANCIAL family of companies provides financial services including trading, investing, banking and lending for retail and institutional customers. Securities products and services are offered by E*TRADE Securities LLC (Member NASD/SIPC). Bank and lending products and services are offered by E*TRADE Bank, a Federal savings bank, Member FDIC, or its subsidiaries.

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