Thor Leads Industry Group in Return on Assets, E.P.S Growth, Increase in Employees

JACKSON CENTER, Ohio, April 21 -- Thor Industries, Inc. was ranked by Fortune (April 18, 2005) in the Motor Vehicles and Parts category as the leader in return on assets, earnings per share growth, and having the largest percentage increase in employees in 2004.

Thor's profits as a percent of assets of 14% was easily the highest in the group as was its 30% increase in employees in 2004 over 2003. Importantly, it was tied for first place in earnings per share growth from 1994 to 2004 with 20% average annual growth rate. Thor ranked third in total return to investors in the last 10 years with a 28% average annual return.

Thor, the nation's largest builder of recreation vehicles and small buses, with sales in fiscal 2004 of $2.188 billion, is ranked 716 in revenues overall and second in revenue growth in the Motor Vehicle and Parts category, according to Fortune.

This release includes "forward looking statements" that involve uncertainties and risks. There can be no assurance that actual results will not differ from the Company's expectations. Factors which could cause materially different results include, among others, the success of new product introductions, the pace of acquisitions and cost structure improvements, competitive and general economic conditions, and the other risks set forth in the Company's filings with the Securities and Exchange Commission.