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National R.V. Holdings, Inc. Declares 3 for 2 Stock Split

1 July 1998

National R.V. Holdings, Inc. Declares 3 for 2 Stock Split

    PERRIS, Calif., July 1 -- National R.V. Holdings, Inc.
announced today that it declared a three for two stock split in
the form of a stock dividend to holders of record on July 10, 1998.
    The payment date for the shares will be on July 24, 1998.  The Company
will pay cash for any fractional shares which would otherwise be required to
be issued.  As of June 30, 1998, the Company had 6,620,326 shares of Common
Stock issued and outstanding and will have 9,930,489 shares of Common Stock
issued and outstanding as a result of the split.
    The Company's transfer agent is Continental Stock Transfer and Trust
Company, Two Broadway, 19th Floor, New York, New York 10004.

    National R.V. Holdings, Inc. is one of the nation's leading manufacturers
of Class A motorhomes.  Through its National R.V. subsidiary, the Company
designs, manufactures and markets Class A motorhomes and fifth-wheel travel
trailers under brand names including Dolphin, Sea Breeze and Tropi-Cal.
Through its Country Coach subsidiary, the Company designs, manufactures and
markets high-end (Highline) Class A motorhomes and bus conversions under brand
names including Concept, Affinity, Magna, Intrigue, and Allure.
    This release and other statements by the Company contain forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995.  Investors are cautioned that forward-looking statements are
inherently uncertain.  Actual performance and results may differ materially
from that projected or suggested due to certain risks and uncertainties
including, without limitation, the cyclical nature of the recreational vehicle
industry, seasonality and potential fluctuations in the Company's operating
results; the Company's dependence on chassis suppliers, including the impact
of the General Motor's labor strike; the integration by the Company of
acquired businesses and the management of growth; potential liabilities under
repurchase agreements; competition; government regulation; product liability;
dependence on key personnel and dependence on certain dealers and
concentration of dealers in certain regions.  Additional information
concerning certain risks and uncertainties that could cause actual results to
differ materially from that projected or suggested is contained in the
Company's filings with the Securities and Exchange Commission (SEC) over the
last 12 months, copies of which are available from the SEC or from the Company
upon request.