Kingsley Coach Inc. Announces Backlog Increase

    MIDDLEBURG Pa.--July 17, 2001--Kingsley Coach Inc.(OTC BB:KNGS), a manufacturer of unique, high quality, motorcoaches on a heavy duty truck chassis, announced an increase in current backlog of production. Due to recent sales of 8 units, the backlog of units in production is 10 units.
    Mr. Ralph Dickenson, Kingsley's CEO, said, "Sales are brisk due to ongoing marketing, customer satisfaction and increasing awareness of our product line in recent quarters. Recent sales are now increasing to a level slightly above our projections."
    Mr. Jerry Carlson, Director of Marketing, said, "The upcoming participation in both the Harley Davidson rally in Sturgiss South Dakota Aug 6-12 and the FMCA Rendezvous in Redmond Oregon, Aug 14- 16 often provides another boost in sales each year. Sales interest from existing high dollar RV coach owners is increasing as more customers in this market segment have become aware of the unique Kingsley product. We also recognize that our average unit sales price, is increasing, as demonstrated in the last six months by sales of three units in excess of the prior year average sales price."
    The Kingsley product line is designed for both recreational and commercial use utilizing a heavy duty truck chassis and is produced in conjunction with a strategic manufacturing alliance at the Thor America plant in Middleburg, PA in conjunction with Thor America, Inc., a Thor Industries company, the second largest RV manufacturer in the USA.
    For Information, Contact: Ralph Dickenson or Investor Relations Department: Tel: 570/837-7114; Fax: 570/837-7214. Kingsley's website is 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.