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Winnebago Industries Declares Cash Dividend

12 October 1999

Winnebago Industries Declares Cash Dividend
    FOREST CITY, Iowa, Oct. 8 -- The Board of Directors of
Winnebago Industries, Inc., have declared a cash dividend of ten
cents per share, payable on January 10, 2000 to shareholders of record as of
December 10, 1999.  The dividend is an indication of the Board of Directors'
confidence in the Company and its continued strength of the RV industry.
    Winnebago Industries, Inc. is a leading manufacturer of motor homes that
are self-contained recreation vehicles used primarily in leisure travel and
outdoor recreation activities.  Other products manufactured by the Company
consist principally of a variety of component products for other
manufacturers. The Company builds quality products with state-of-the-art
computer-aided design and manufacturing systems on automotive-styled assembly
lines. The Company believes its products conform to the most rigorous quality
testing in the RV industry. The Company's common stock is listed on the New
York, Chicago and Pacific Stock Exchanges and traded under the symbol WGO.
Options for the Company's common stock are traded on the Chicago Board Options
Exchange.  Visit Winnebago Industries' web site at http://www.winnebagoind.com