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Monaco Coach Corporation Announces a 3 For 2 Stock Split

17 March 1998

Monaco Coach Corporation Announces a 3 For 2 Stock Split

    COBURG, Ore., March 16 -- Monaco Coach Corporation
today announced that its Board of Directors has approved a 3
for 2 split of its common stock.  The stock split will be effected as a stock
dividend.  Stockholders of record as of the close of business on April 2, 1998
will be issued a certificate representing one additional share for every two
shares held on the record date.  These certificates will be distributed on
April 16, 1998.  The stock split will increase the number of shares of common
stock outstanding from approximately 5,500,000 shares to 8,250,000 shares.
    Kay L. Toolson, Monaco's Chief Executive Officer stated that the Board of
Directors authorized the stock split with the intention of benefiting the
stockholders by obtaining a wider distribution for the common stock and
improving the marketability of the common stock.
    Headquartered in Coburg, Oregon, with additional manufacturing facilities
in Indiana, Monaco Coach Corporation is one of the nation's leading
manufacturers of recreational vehicles.  The company offers customers five
luxury motorcoach models bearing the Monaco name:  the Diplomat, the
Windsor(R), the Dynasty(R), the Executive(R), the Signature Series, and Royale
Coach by Monaco.  Monaco's Holiday Rambler Division builds quality travel
trailers, fifth wheel towables and motorcoaches, including:  Alumascape(TM),
Aluma-Lite(R), Vacationer(R), Endeavor(R), Imperial(R), and Navigator(R).
Monaco's McKenzie Towables Division produces fifth wheel towable recreational
vehicles.

SOURCE  Monaco Coach Corporation