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Rockford Corporation Announces Initial Public Offering Of 2,950,000 Shares of Common Stock

24 April 2000

Rockford Corporation Announces Initial Public Offering Of 2,950,000 Shares of Common Stock

    TEMPE, Ariz., April 20 Rockford Corporation (Nasdaq: ROFO)
announced today the initial public offering of 2,950,000 shares of its Common
Stock at a price of  $11.00 per share.  Of the 2,950,000 shares being offered,
2,500,000 shares are being sold by the Company and 450,000 shares are being
sold by selling shareholders.  Rockford will not receive any proceeds from the
sale of shares by the selling shareholders.  The Company has granted the
underwriters an option to purchase an additional 442,500 shares of Common
Stock from the Company.  The offering is being co-managed by Dain Rauscher
Wessels, a division of Dain Rauscher Incorporated, McDonald Investments, Inc.,
a KeyCorp Company, and Needham & Company, Inc.
    Rockford Corporation is a designer, manufacturer and distributor of
high-performance audio systems for the car and professional audio markets.
Rockford's car audio products are marketed under the Rockford Fosgate and
Lightning Audio brand names.  Rockford's professional audio products are
marketed under the Hafler brand name.
    Copies of the prospectus relating to the offering may be obtained from
Dain Rauscher Wessels, 60 South 6th Street, Minneapolis, MN  55402; phone
(612) 313-1200.

    This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of these
securities in any state in which such offer, solicitation or sales would be
unlawful prior to the registration or qualification under the securities laws
of any such state.