Fleetwood Appoints Chris Braun as Senior Vice President - RV Group

RIVERSIDE, Calif., May 6, 2003 -- Fleetwood Enterprises, Inc. , the nation's leader in recreational vehicle sales and a leading producer and retailer of manufactured housing, announced today the appointment of Christopher J. Braun to senior vice president -- RV Group. Braun will be responsible for all functions of the Company's recreational vehicle business, including operations, sales, product development and marketing. The position had been vacant for 20 months while Chuck Wilkinson, Fleetwood's chief operating officer, had these functions reporting directly to him. Braun will now report to Wilkinson.

Braun has 16 years of experience at PACCAR, most recently serving as second-in-command for the Kenworth Truck Division, which has over $2 billion in annual revenue. His responsibilities included sales and marketing for the North American organization, as well as operations. He served as the director of operations for the group for four years, with full responsibility for four Kenworth Truck manufacturing plants in North America. He joined PACCAR in 1987 as an accounting supervisor and financial planner in the Peterbilt Truck Division, and worked his way up to division controller for Kenworth, a position he held for two years before moving into operations. Prior to joining PACCAR, Braun held various financial positions with Outboard Marine Corporation.

Braun holds a bachelor's degree in accounting from the University of Wisconsin, Eau Claire, and completed the Executive Development Program at Northwestern University. He is also a certified public accountant.

"I worked closely with Chris for 14 years at PACCAR, and found him to be an excellent executive," Edward B. Caudill, president and CEO, said. "We are excited to have Chris join us, and I know that he will bring a lot of strength to the organization."