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Supreme Industries Announces Stock Repurchase Program

2 September 1998

Supreme Industries Announces Stock Repurchase Program

    GOSHEN, Ind.--Sept. 2, 1998--Supreme Industries, Inc. (AMEX:STS) announced today that it is initiating a stock repurchase program. The Board of Directors has authorized the Company to repurchase up to 500,000 Class A common shares in open market purchases or privately negotiated transactions through the close of business on February 26, 1999. Future purchases, if any, will be dependent on market conditions. Currently, there are 9,336,320 Class A common shares outstanding.
    Supreme Industries, Inc. is a nationwide manufacturer of specialized truck bodies which are produced to the specifications of its customers. Supreme also manufactures the StarTrans(R) line of special purpose "shuttle type" buses. The Company's transportation equipment products are used by a wide-variety of industrial and commercial customers.