Monaco Coach Corporation Completes Acquisition of R-Vision Group of Companies

Acquisition Makes Monaco Coach the Fifth Largest Manufacturer of Towable Recreational Vehicles

COBURG, Ore., Nov. 21 -- Monaco Coach Corporation , one of the leading manufacturers of motorized and towable recreational vehicle products, today announced it has completed the acquisition of Indiana-based R-Vision companies and its Bison and Roadmaster affiliates for $60 million cash consideration.

The R-Vision acquisition is expected to add $200 million to $220 million in sales for Monaco Coach and 13 to 16 cents in earnings per share in fiscal 2006. Monaco is presently the largest builder of Class A diesel motorhomes and the fifth largest Class A gasoline motorhome manufacturer in the U. S. The R-Vision acquisition makes Monaco the fifth largest manufacturer of towable recreational vehicles.

"We believe the R-Vision acquisition is an excellent fit for Monaco Coach and its shareholders," said Marty Daley, Monaco's Chief Financial Officer. "We look forward to capitalizing on the purchasing synergies and growth opportunities presented by this transaction."

Headquartered in Coburg, Oregon, with additional manufacturing facilities in Indiana, Monaco Coach Corporation employs more than 6,000 people and is one of the nation's leading manufacturers of recreational vehicles. Monaco Coach offers entry-level priced towable RVs up to custom made luxury recreational vehicle models under the Monaco, Holiday Rambler, Safari, Beaver, McKenzie and R-Vision brand names. For additional information about Monaco Coach Corporation, please visit www.monaco-online.com.