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Fleetwood RV Announces Dividend Increase

8 June 1999

    RIVERSIDE, Calif., June 8 -- The directors of Fleetwood
Enterprises, Inc. today announced an increase in the Company's
regular quarterly cash dividend to 19 cents per share of Common stock, a six
percent increase from the previous rate of 18 cents per share.  The higher
dividend declared today is payable August 11, 1999 to shareholders of record
July 2, 1999.

    Chairman of the Board, Glenn Kummer, commented on the dividend increase
stating, "This marks the seventeenth consecutive year that the Company has
increased the shareholder dividend.  The decision by the Board reflects our
strong financial condition and our confidence regarding future earnings
growth."

    Fleetwood is the nation's largest producer of recreational vehicles and a
leading builder and retailer of manufactured housing.