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Kingsley Coach Signs Agreement with Thor Industries

6 January 1999

Kingsley Coach Signs Agreement with Thor Industries

    MIDDLEBURG, Pa., Jan. 6 -- Kingsley Coach
(OTC Bulletin Board: MPHI) announced today that it has reached an Agreement
with Thor America, Inc., a wholly-owned subsidiary of Thor Industries, Inc.
to lease and use a new manufacturing facility in Middleburg, PA.
The plant will enable Kingsley to expand its manufacturing capabilities of the
popular Kingsley Coach recreational and commercial vehicles.  Ralph Dickenson,
CEO of Kingsley Coach, said, "This strategic alliance with Thor instantly
brings professionalism, quality and reputation that is an industry standard."
Thor America will assist in marketing and selling the Kingsley Coach.  Full
integration of Thor/Kingsley production and assembly operations will be
accomplished by January 31, 1999.
    Kingsley Coach currently operates at full capacity in its two
manufacturing facilities in Houston, TX and Anoka, MN.  Under the new
agreement, Thor will be the exclusive manufacturer of the bodies and interiors
for the coaches, which will be placed on Kingsley's patented chassis design.
    Kingsley Coach is projecting sales of 100 units in 1999 with anticipated
revenues of approximately $25 million.  By the end of 2001, the company
anticipates being at full production capacity in its new facility.  Product
marketing will be accomplished by the joint efforts of Kingsley and Thor.
Kingsley Coach expects 1999 earnings to be 55c per share.
    Kingsley Coach is a unique, high quality customized motor coach designed
for both recreational and commercial applications with the "Camelot" model on
heavy-duty truck chassis, up to 45' long, 102" wide and 400-600 HP.  A unique
benefit is the chassis design enables the coach to be built with standard
trucks by Peterbilt, Freightliner, Kenworth Int'l., Volvo and others.  Among
the major market advantages this design provides to the Kingsley Coach are the
ability to serve the power unit at any truck stop in America.

    Corporate Advertising and Public Relations handled by Corporate Imaging

    For Further information, contact Neil Rand
    Telephone:  (602) 504-9230 or Facsimile:  (602) 504-9252

    Information herein was derived from sources seeming to be reliable.  No
Assurance can be made that the information is accurate, or that projected
results will be achieved.   Statements in this release are made pursuant to
the "Safe Harbor" provisions of the Private Securities Litigation Act of 1995.
Investors are cautioned that like forward looking statements, certain risks
and uncertainties are involved, including without limitation, continued
acceptance of the company's services, increased levels of competition for the
company and dependence on the performance of the management of the company.