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Monaco Coach Corporation Announces a 3 For 2 Stock Split

3 November 1998

Monaco Coach Corporation Announces a 3 For 2 Stock Split

    COBURG, Ore., Nov. 2 -- Monaco Coach Corporation
today announced that its Board of Directors has approved a 3
for 2 split of its common stock.  The stock split will be effected as a stock
dividend.  Stockholders of record as of the close business on November 16,
1998 will be issued a certificate representing one additional share for every
two shares held on the record date.  These certificates will be distributed on
November 30, 1998.  The stock split will increase the number of shares of
common stock outstanding from approximately 8,300,000 shares to 12,450,000
shares.
    Kay L. Toolson, Monaco's Chairman and Chief Executive Officer, stated that
the Board of Directors authorized the stock split with the intention of
benefiting the stockholders by obtaining a wider distribution for the common
stock and improving the marketability of the common stock.
    Headquartered in Coburg, Oregon, with additional manufacturing facilities
in Indiana, Monaco Coach Corporation is one of the nation's leading
manufacturers of recreational vehicles.  The company offers customers luxury
motorcoach models bearing the Monaco name, including:  the LaPalma, the
Diplomat, the Windsor(R), the Dynasty(R), the Executive(R), the Signature
Series, and Royale Coach by Monaco.  Monaco's Holiday Rambler Division builds
quality travel trailers, fifth wheel towables and motorcoaches, including:
Alumascape(TM), Aluma-Lite(R), Admiral, Vacationer(R), Endeavor(R),
Imperial(R), and Navigator(R). Monaco's McKenzie Towables Division produces
fifth wheel and travel trailer towable recreational vehicles.

    Note:  News releases and other information on Monaco Coach can be accessed
at no charge at http://www.ctaonline.com/mcco and http://www.monaco-online.com on the
Internet.