Monaco Coach Corporation Announces Cash Dividend

COBURG, Ore., May 15, 2008 -- Monaco Coach Corporation announced today that its upcoming quarterly cash dividend of $0.06 per share will be payable on June 13, 2008 to stockholders of record on May 30, 2008, and represents its eighteenth consecutive quarterly cash dividend since the Company declared its initial cash dividend on February 23, 2004. The Company's Board of Directors declared the dividend on May 14, 2008. Monaco Coach Corporation has approximately 30 million shares outstanding.

About Monaco Coach Corporation

Monaco Coach Corporation, a leading national manufacturer of motorized and towable recreational vehicles, is ranked as the number one producer of diesel- powered motorhomes. Dedicated to quality and service, Monaco Coach is a leader in innovative RVs designed to meet the needs of a broad range of customers with varied interests and offers products that appeal to RVers across generations.

Headquartered in Coburg, Oregon, with substantial manufacturing facilities in Indiana, the Company offers a variety of RVs, from entry-level priced towables to custom-made luxury models under the Monaco, Holiday Rambler, Safari, Beaver, McKenzie, R-Vision and Dodge brand names. The Company maintains RV service centers in Harrisburg, Oregon, Elkhart, Indiana and Wildwood, Florida and operates motorhome-only resorts in California, Florida, Nevada and Michigan.

Monaco Coach Corporation trades on the New York Stock Exchange under the symbol "MNC," and the Company is included in the S&P Small-Cap 600 stock index. For additional information about Monaco Coach Corporation, please visit MONACO