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Rush Enterprises Completes Acquisition of Rocking H Trailers Inc.

3 October 2000

Rush Enterprises Completes Acquisition of Rocking H Trailers Inc.

    SAN ANTONIO--Oct. 2, 2000--Rush Enterprises Inc. , which operates the largest network of Peterbilt heavy-duty truck dealerships in North America, John Deere construction equipment dealerships in Texas and Michigan, and two of the largest farm and ranch superstores (D&D) in America, one in Seguin, Texas and one in Hockley, Texas, today announced that it acquired the assets of Rocking H Trailers Inc., a retailer of horse and cattle trailers located in Denton, Texas.
    In announcing the acquisition, W. Marvin Rush, chairman and chief executive officer of Rush Enterprises Inc. stated, "The acquisition of this business will complement our recent acquisition of Smith Brothers Inc. and will provide us with a complete line of horse and cattle trailers at this location." Rush added, " We look forward to joining forces with this organization and working together to create a 'One of a kind Western Shopping experience'."
    The transaction was valued at approximately $333,000 with the purchase price paid in cash. Rush intends to operate Rocking H Trailers Inc. as a Rush Retail Center, and will begin to integrate their operations immediately. Rush had revenues of $808.4 million during 1999 while Rocking H Trailers Inc. had revenues of approximately $2.1 million for the eight months ended Dec. 31, 1999.