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Coachmen Industries Expects Lower 2nd Quarter Results

30 June 2000

Coachmen Industries Expects Lower 2nd Quarter Results

    ELKHART, Ind. - Coachmen Industries, Inc. announced today that reduced 
motorhome shipments will result in lower than anticipated earnings for the 
second quarter.  While towable RV shipments are relatively flat compared to last 
year at this time, the company has experienced a downturn in motorhome demand, 
which is generally consistent with what other manufacturers have also reported. 
A softening of the economy, higher gas prices and increased interest rates along 
with an inventory adjustment on the part of dealers have all contributed to the 
expected lower results for the quarter.

    Coachmen Industries, Inc. is one of the nation's leading producers of
recreational vehicles and is the largest producer of modular homes in the U.S.
Recreational vehicles comprised 82 percent of Coachmen Industries' first
quarter sales and modular homes represented 18 percent.

    This release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995.  Investors are cautioned not
to place undue reliance on forward-looking statements, which are inherently
uncertain. Actual results may differ materially from that projected or
suggested due to certain risks and uncertainties including, but not limited to
the potential fluctuations in the Company's operating results, the
implementation of its enterprise-wide software, the availability and pricing
of gasoline, the Company's dependence on chassis suppliers, interest rates,
competition, government regulations, legislation governing the relationships
of the Company with its recreational vehicle dealers and other risks
identified in the Company's SEC filings.