Coachmen Industries Launches "All American Welcome Home" Program for Military Personnel.

ELKHART, Ind. -- Coachmen Industries, Inc. (NYSE:COA) announced today that the company's systems-built residential housing arm, All American Homes, LLC (AAH) is offering an "All American Welcome Home" program with $5,000 off any home purchased for active duty or honorably discharged military personnel and their immediate families, serving since September 11, 2001.

The new "All American Welcome Home" program applies to homes from the company's All American Homes, Ameri-Log and Mod-U-Kraf home brands to personnel of all branches of the armed services -- Army, Navy, Air Force, Marine Corps, Coast Guard, National Guard and all Reserve units.

"The All American Welcome Home program is our way of saying 'Thank You' to the men, women, and families that have sacrificed so much in serving our nation since 9/11. All our branches of the Armed Forces have served us with honor and now it's our turn to serve and honor them," stated Rick Lavers, chief executive officer of Coachmen Industries. "The All American Welcome Home program is designed to provide our returning and active duty military personnel, or their surviving families, $5,000 back on the purchase price of our homes. In some small way, we hope this program will ease the transition of our returning veterans and their families to civilian life," stated Lavers.

"We are offering the All American Welcome Home program to our troops and their families as real savings off the price of their home," said Art Breitenstein, vice president of sales and marketing for All American Housing Group. "Each service family participating will receive a check from us for $5,000 shortly after closing on their new home."

Consumers can obtain more information about the program or how to qualify by visiting a participating independent All American Homes, Mod-U-Kraft or Ameri-Log Homes builder, by visiting www.allamericanhomes.com/welcomehome.htm, or by calling 1-888-438-7070 and requesting a free brochure detailing the "All American Welcome Home" program. To find a list of participating builders, go to www.allamericanhomes.com, www.ameri-log.com, or www.mod-u-kraf.com.

Coachmen Industries, Inc., through its prominent industry subsidiaries, is one of America's leading manufacturers of recreational vehicles, systems-built homes and commercial buildings. The Company's well-known RV brand names include COACHMEN([R]), GEORGIE BOY([R]), SPORTSCOACH([R]) and VIKING([R]). Coachmen's ALL AMERICAN HOMES subsidiary is one of the nation's largest producers of systems-built homes, and also a major builder of multi-family residential and commercial structures with its ALL AMERICAN BUILDING SYSTEMS([R]) products. Coachmen Industries, Inc. is a publicly held company with stock listed on the New York Stock Exchange (NYSE) under the ticker COA.

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, increased interest rates, the availability and cost of floorplan financing for the Company's recreational vehicle dealers and corresponding availability of cash to Company, uncertainties and timing with respect to sales resulting from recovery efforts in the Gulf Coast, the ability of the company to generate taxable income in future years to utilize deferred tax assets and net operating loss carry-forwards available for use, the impact of performance on the valuation of intangible assets, the availability and the price of gasoline, price volatility of raw materials used in production, the Company's dependence on suppliers, the availability and cost of real estate for residential housing, the supply of existing homes within the company's markets, the impact of fluctuating home values on housing demand, uncertainties surrounding the impact of competitors' actions within a softening housing market, the ability of the Housing and Building segment to perform in new market segments where it has limited experience, adverse weather conditions affecting home deliveries, competition, government regulations, legislation governing the relationships of the Company with its recreational vehicle dealers, consolidation of distribution channels in the recreational vehicle industry, consumer confidence, uncertainties of matters in litigation, further developments in the war on terrorism and related international crises, oil supplies, and other risks identified in the Company's SEC filings.