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Supreme Industries, Inc. Declares Five Percent Stock Dividend

30 June 1999

Supreme Industries, Inc. Declares Five Percent Stock Dividend

    GOSHEN, Ind.--June 30, 1999--The Board of Directors of Supreme Industries, Inc., (AMEX:STS) today announced a five percent stock dividend on its outstanding Class A and Class B Common Stock. Stockholders of record as of July 12, 1999, will receive one additional share of stock for each twenty shares owned on that date, payable on July 19, 1999. Cash will be paid in lieu of fractional shares.
    As of June 29, 1999, Supreme Industries had 9,823,368 shares of Common Stock outstanding consisting of 8,167,043 shares of Class A Common Stock and 1,656,325 shares of Class B Common Stock.
    The Company stated that this stock dividend was made in recognition of Supreme Industries' continuing growth and favorable long-term outlook.
    Supreme Industries, Inc., is a nationwide manufacturer of specialized truck bodies that 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.