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'Kingsley Coach Announces New Standard Models'

19 July 2000

'Kingsley Coach Announces New Standard Models'

    MIDDLEBURG Pa. - The Kingsley Coach Inc. announced today introduction of its newly-developed standard motorhome models.

    The models, all part of the Company's Camelot Series, are as followed: 1) the "Merlin," a forty-five foot recreational vehicle with two slide-outs; 2) the "Excalibur," a forty foot or forty-five foot (with extended cab option) recreational vehicle; and 3) the "SURV," a forty to forty-five foot unit with an eight foot wide rear-end garage that can be ordered in fourteen to eighteen foot lengths, all with condensed RV living quarters in the front.

    Terry Watkins, Kingsley's Chief Executive Officer, stated "These standard models reflect what we believe the market predominantly desires in the Kingsley Coach product." Mr. Watkins stated that the Company will continue to produce custom-designed coaches, but that the Company expects the standard models to be an ever-increasing percentage of our sales. He further said, "These models exhibit all of the Kingsley features in which we pride ourselves: safety, serviceability, power, durability, functionality and stability."

    Kingsley Coach manufactures unique, high quality, motorcoaches on heavy duty truck chasses. The unique design of the Kingsley Coach, with the engine in front, provides for several advantages over traditional rear engine units, including safety, durability, flexibility, and ease of service.

    The Kingsley product line is designed for both recreational and commercial use and is produced in conjunction with a manufacturing alliance at the Thor America plant in Middleburg, PA in conjunction with Thor America, Inc., a Thor Industries company, the second largest RV manufacturer in the USA.

    Mr. Watkins stated, "These models will put Kingsley in a favorable position to take advantage of the current opportunities in the RV market as well as the specialized applications markets in the outdoor sports areas." Mr Watkins stated that Manufacturer's Suggested Retail Price on these models will start at $135,900 plus the cost of the chassis. The Company presently has nine orders on-hand for these new standard models despite the fact that the Company's marketing campaign for these models has yet to be implemented. Mr. Watkins stated that unveilings of these models has not yet been scheduled.