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Thor Expects Sales of $30 Million Resulting From Cruise America Transaction

27 October 2000

Thor Expects Sales of $30 Million Resulting From Cruise America Transaction

    JACKSON CENTER, Ohio, Oct. 27 Thor Industries, Inc.
announced today that it had provided financing assistance to
Randall Smalley and Robert Smalley, Jr. in their purchase of Cruise America
Inc., the largest RV rental operator, from Budget Group on October 20, 2000.
    As a result of the transaction, Thor expects sales of approximately
$30 million from Cruise America this fiscal year.

    This release includes "forward-looking statements" that involve
uncertainties and risks.  There can be no assurance that actual results will
not differ from the Company's expectations.  Factors which could cause
materially different results include, among others, the success of new product
introductions, the pace of acquisitions and cost structure improvements,
competitive and general economic conditions, and the other risks set forth in
the Company's filings with the Securities and Exchange Commission.