Miller Industries Announces Extension of 1999 10-K Filing for Up to 15 Days

30 July 1999
Miller Industries Announces Extension of 1999 10-K Filing for Up to 15 Days
        - Expects To Report 1999 Sales Of Approximately $525 Million,
                         Diluted EPS of $0.04-0.05 -

    CHATTANOOGA, Tenn., July 29 -- Miller Industries, Inc.
today announced updated information regarding results for the full
year ended April 30, 1999.
    For the 1999 fiscal year, net sales increased 32% to approximately $525
million versus approximately $397 million in fiscal 1998.  Net income for the
fiscal year is expected to be from $0.04 to $0.05 per diluted share, versus
$0.27 per diluted share last year.  The Company's 1998 fiscal year results
include a one-time pre-tax restructuring charge of $4.1 million related to the
closure of the Company's Olive Branch, Mississippi facility and the relocation
of its Vulcan product line to its Ooltewah, Tennessee operation, as previously
announced.
    The Company further announced that it would be extending, for up to 15
days, the filing of the financial information in its Annual Report on Form 10-
K for the fiscal year ended April 30, 1999 and has filed for an extension with
the Securities and Exchange Commission.  The filing of financial information
is being delayed to allow the Company and its independent auditors to further
evaluate information provided to its auditors that is required for them to
finalize the audit report on the Company's financial statements.  Such further
evaluation primarily is intended to assist in determining whether certain
adjustments should relate exclusively to the fourth quarter of fiscal 1999 or
should be reflected in earlier quarters of fiscal 1999.  The Company does not
expect the finalization of the audit to require any adjustments to its prior
year financial statements.  The Company expects to release final, complete
earningsinformation, including information addressing the fiscal 1999 fourth
quarter results, when it files the financial information in its Form 10-K.
    Miller Industries is the world's leading integrated provider of vehicle
towing and recovery equipment and services.  The Company markets its towing
services under the national brand name RoadOne(R) and its towing and recovery
equipment under a number of well-recognized brands.
    Except for historical information contained herein, the matters set forth
in this news release are forward-looking statements.  The Company noted that
forward looking statements set forth above involve a number of risks and
uncertainties that could cause actual results to differ materially from any
such statement, including the risks and uncertainties discussed under the
caption "Risk Factors" in the Company's Form 10-K for fiscal 1998, which
discussion is incorporated herein by this reference.