Wellco Enterprises, Inc. Announces Delivery Order on Existing Contract.

WAYNESVILLE, N.C. -- Wellco Enterprises, Inc. (AMEX:WLC) -- today announced that under an existing contract to supply Temperate Weather boots to the Department of Defense, Wellco received a delivery order in the amount of $3,969,000. Work will be performed at Wellco's plant in Waynesville, North Carolina and its plant Moka Shoe Corporation in Aguadilla, Puerto Rico.

Lee Ferguson, President and Chief Executive Officer stated, "We are very pleased to have received this new delivery order for Temperate Weather boots. We stand proud in being able to support the needs of our troops at home and abroad." Wellco Enterprises, Inc. specializes in the manufacture and development of military footwear and derives the majority of its revenues from the sale of military and tactical boots. Wellco is committed to providing high performance footwear and excellent service to the U.S. military and all its customers.

CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING INFORMATION

Statements throughout this report that are not historical facts are forward-looking statements. These statements are based on current expectations and beliefs, and involve numerous risks and uncertainties. Many factors could affect the Company's actual results, causing results to differ materially from those expressed in any such forward-looking information.

These factors include, but are not limited to, the receipt of contracts from the U. S. government and the performance thereunder; the ability to control costs under fixed price contracts; the cancellation of contracts; and other risks detailed from time to time in the Company's Securities and Exchange Commission filings, including Form 10-K for the year ended July 1, 2006. Those statements include, but may not be limited to, all statements regarding intent, beliefs, expectations, projections, forecasts, and plans of the Company and its management. Actual results may differ materially from management expectations. The Company assumes no obligation to update any forward-looking statements.