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Monaco Coach Corporation Announces Management Change

1 September 1999

Monaco Coach Corporation Announces Management Change

    COBURG, Ore., Sept. 1 -- Monaco Coach Corporation
today announced that Jim Sheldon will be stepping down as Company president
due to health concerns.
    As a result, Monaco Chairman and Chief Executive Officer, Kay L. Toolson,
will again assume responsibilities as Company president.  Monaco Coach
Corporation Chief Financial Officer, John Nepute, and Chief Administrative
Officer, Richard Bond, along with other senior members of management, will
also assume additional responsibilities as a result of this change.
    According to Toolson, "Our thoughts and prayers are with Jim and his
family, and his contribution to our success is appreciated by our entire
organization."
    Toolson continued, "The depth, experience and strength of our management
team provide us with a tremendous asset as we move forward as a company and
allow us to continue implementation of our strategic business plan
uninterrupted."
    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 markets products under
the Monaco, Holiday Rambler, McKenzie and Royale Coach by Monaco brand names.