Transpro Named as Monaco Coach Engine Cooling Package Supplier

NEW HAVEN, Conn.--Oct. 9, 2003--Transpro, Inc., announced today that it has been named as the primary engine cooling package supplier to Monaco Coach Corporation .

Under the agreement, Transpro will supply Monaco Coach with the engine cooling components for its large motor home recreational vehicle chassis (Class A Diesel) with a rear mounted cooling system. The components in the package supplied will include a radiator, the Company's patented Ultra-Seal(R) charge air cooler and an oil cooler. This business is in addition to the Company's current sales to Monaco for their high horsepower Class A Coaches with side mounted cooling systems that began earlier this year.

Headquartered in Coburg, Oregon with additional manufacturing facilities in northern Indiana, Monaco Coach Corporation is one of the nation's largest manufacturers of recreational vehicles. The company offers customers luxury motor homes and towable recreational vehicles under the Monaco, Holiday Rambler, Safari, Beaver, McKenzie and Royale Coach brand names.

"We are extremely pleased to have Monaco Coach choose Transpro as its cooling package supplier," said Charles E. Johnson, President and Chief Executive Officer of Transpro. "Our Heavy Duty Sales and Engineering Team has worked closely with our customer to develop a successful solution to meet their cooling needs. The newly designed package has been proven to be effective in the toughest of performance tests and could lead to other business opportunities. We look forward to a long and mutually beneficial relationship with this industry leading customer."

Transpro, Inc. is a leading manufacturer and distributor of Aftermarket and OEM heat transfer and temperature control products for automotive, truck and industrial applications.

Transpro, Inc.'s Strategic Corporate Values are:

-- Being An Exemplary Corporate Citizen

-- Employing Exceptional People

-- Dedication To World-Class Quality Standards

-- Market Leadership Through Superior Customer Service

-- Commitment to Exceptional Financial Performance

FORWARD-LOOKING STATEMENTS

Statements included in this news release, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The Company's Annual Report on Form 10-K contains certain detailed factors that could cause the Company's actual results to materially differ from forward-looking statements made by the Company. In particular, statements relating to the future financial performance of the Company are subject to business conditions and growth in the general economy and automotive and truck business, the impact of competitive products and pricing, changes in customer product mix, failure to obtain new customers or retain old customers or changes in the financial stability of customers, changes in the cost of raw materials, components or finished products and changes in interest rates.