Monaco Coach Corporation Announces 3-For-2 Stock Split

    COBURG, Ore., Aug. 6 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 business on August 20, 2001 will be
issued a certificate representing one additional share for every two shares
held on the record date.  These certificates will be distributed on
September 7, 2001.  The stock split will increase the number of shares of
common stock outstanding from approximately 19.0 million shares to
approximately 28.5 million shares.
    
Kay L. Toolson, Monaco's Chairman and 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 luxury
towable and motorcoach models bearing the Monaco, Holiday Rambler, Safari,
Beaver and McKenzie brand names.  Additional information on Monaco Coach
Corporation can be found at http://www.monaco-online.com/ on the Internet.