Winnebago Industries Announces Cash Dividend

FOREST CITY, Iowa--Oct. 2, 20030, 2003--Winnebago Industries, Inc., , today announced that the Company's Board of Directors met on October 15, 2003 and declared the record date of December 5, 2003 for its upcoming quarterly cash dividend payable to shareholders on January 5, 2004. Winnebago Industries began paying a quarterly dividend in its 2004 fiscal year which began August 31, 2003. Winnebago Industries now pays a quarterly cash dividend of ten cents a share for a total of 40 cents a share per year, doubling the previous semi-annual dividend of ten cents a share, or 20 cents a share annually.

About Winnebago Industries

Winnebago Industries, Inc. is the leading manufacturer of motor homes, self-contained recreation vehicles used primarily in leisure travel and outdoor recreation activities. The Company builds quality motor homes under the Winnebago, Itasca, Rialta and Ultimate brand names with state-of-the-art computer-aided design and manufacturing systems on automotive-styled assembly lines. The Company's common stock is listed on the New York, Chicago and Pacific Stock Exchanges and traded under the symbol WGO. Options for the Company's common stock are traded on the Chicago Board Options Exchange. For access to Winnebago Industries investor relations material, to add your name to an automatic email list for Company news releases or for information on a dollar-based stock investment service for the Company's stock, visit, www.winnebagoind.com/investor_relations.htm.