Rush Enterprises Names Rusty Rush Chief Operating Officer and Marty Naegelin Senior Vice President of Rush Enterprises Inc.

    SAN ANTONIO--Dec. 3, 2001--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 three of the largest farm and ranch superstores (D&D) in America, today announced that W.M. "Rusty" Rush, President, has been named Chief Operating Officer.
    Additionally, Marty Naegelin has been promoted from Vice President and CFO, to Senior Vice President and CFO. Mr. Rush will now be responsible for all operations of the Company. Mr. Naegelin's additional responsibilities will include the Company's corporate administrative functions, its retail finance and insurance operations, and its truck-leasing operations.
    In announcing the promotions, W. Marvin Rush, Chairman and Chief Executive Officer of Rush Enterprises Inc., stated, "I am excited about these changes. This will allow the Company to focus on the opportunities that we believe will be present in this depressed truck market while continuing to operate and grow our existing businesses."
    Rush Enterprises operates the largest network of Peterbilt heavy-duty truck dealerships in North America and John Deere construction equipment dealerships in Texas and Michigan. Its current operations include a network of dealerships located in Texas, California, Oklahoma, Louisiana, Colorado, Arizona, New Mexico and Michigan. These dealerships provide an integrated, one-stop source for the retail sale of new and used heavy-duty trucks and construction equipment; aftermarket parts, service and body shop facilities; and a wide array of financial services, including the financing of truck and equipment sales, insurance products and leasing and rentals. The Company also operates retail farm and ranch superstores that serve the greater San Antonio, Houston and Dallas/Forth Worth, Texas areas.

    Certain statements contained herein, are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, competitive factors, general economic conditions, cyclicality, economic conditions in the new and used truck and construction equipment markets, customer relations, relationships with vendors, the interest rate environment, governmental regulation and supervision, seasonality, distribution networks, product introductions and acceptance, technological change, changes in industry practices, onetime events and other factors described herein and in filings made by the company with the Securities and Exchange Commission.