Kingsley Management Reports Successful Event at Truck Show

    MIDDLEBURG, Pa.--April 3, 2001--Kingsley Coach Inc. (OTC BB:KNGS), a manufacturer of unique, high quality, motorcoaches on a heavy duty truck chassis, demonstrated several units at the Mid America Truck Show in Louisville Kentucky, March 22-24, 2001.
    Over 70,000 attendees from all 50 states and over 44 countries represented.
    Mr. Ralph Dickenson, Kingsley's Chairman, said, "The introduction of the new specialty model coaches were a major attraction this year. Customer interest continues to increase. It appears likely that three unit sales will be generated directly from this great show. At an average sale of $250,000 per unit, it is my opinion that the show was a successful event in generating sales."
    Dickenson, Chief Executive Officer, said, "This year's operating performance and pricing policies should insure Company profitability. Recognizing there were some management changes recently, I have taken several strategic actions during this past month that will have a long-term positive impact. Importantly, we redefined our strategic priorities to focus on balance sheet restructuring and asset value growth. Second, we began to accelerate sales efforts and suspended development of some marketing programs . We expect to average a higher margin for each unit sold, at a time when the company is benefiting from improved economies of scale. This will support the bottom line for our shareholders. These efforts should generate sufficient cash to fund capital expenditures and debt service."
    Mr. Dickenson said, "We are building on a proven chassis with select clients and a team of dedicated professionals in the RV and Trucking industry. We recognize the possibility for profitable growth. Our production and marketing strategies should enable the Company to improve profitability in 2001 and beyond."
    For Information, Contact: Investor Relations Department: Tel: 570/837-7114; Fax: 570/837-7214. Kingsley's website is at www.kingsleycoach.com

NOTE: This press release contains forward looking statements within
    the meaning of the Private Securities Litigation Reform Act of
    1995. These statements are based on the current plans and
    expectations of Kingsley and involve risks and uncertainties that
    could cause actual future activities and results of operations to
    be materially different from those set forth in the forward
    looking statements. Important factors that could cause actual
    results to differ include, among others, risks associated with
    acquisitions, changes in government regulations, competition, and
    risks of operations and growth projections.