Coachmen Industries, Inc. Declares Regular Quarterly Dividend

ELKHART, Ind., Nov. 8, 2004 -- Coachmen Industries, Inc. today announced that its Board of Directors has declared a $0.06 per share regular quarterly dividend. The dividend will be distributed on December 16, 2004 to shareholders of record as of November 25, 2004. This is the 89th consecutive quarter that Coachmen Industries has paid dividends. The $0.06 rate is unchanged from the last quarter. Coachmen Industries has approximately 15.7 million shares of common stock outstanding.

Coachmen Industries, Inc., now celebrating its 40th anniversary, is one of America's leading manufacturers of recreational vehicles with well-known brand names including COACHMEN(R), GEORGIE BOY(TM), SPORTSCOACH(R) and VIKING(R). The Company's subsidiary, ALL AMERICAN HOMES(R), is one of the nation's largest producers of systems-built homes. Coachmen Industries is also a major builder of commercial structures with its ALL AMERICAN BUILDING SYSTEMS(TM) and MILLER BUILDING SYSTEMS(TM) products. Prodesign, LLC is a subsidiary that produces custom composite and thermoformed plastic parts for numerous industries under the PRODESIGN(R) brand. Coachmen Industries, Inc. is a publicly held company listed on the New York Stock Exchange (NYSE) under the ticker COA.