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Fleetwood Enterprises Introduces New Motor Home and Travel Trailer Models at RVIA.

Automotive Writers

LOUISVILLE, Ky.--(AutomotiveWire)--Nov. 28, 2000

Fleetwood Enterprises, Inc. (NYSE:FLE) today introduced a series of new motor home and travel trailer models at the 38th Annual Recreation Vehicle Industry Assoc. (RVIA) show here today.

Product descriptions and other information is provided in the accompanying press releases:

Fleetwood's All-New 2002 Terra/Fiesta

Fleetwood RV's 2002 Avion Products

Fleetwood RV's All-New 2002 Terra/Fiesta

Redefining luxury, value and comfort in the affordable entry- level Class-A motor home market Fleetwood RV, the world's leading recreational vehicle manufacturer introduces the 2002 Terra and Fiesta. Designed to be sporty and fun the new Terra and Fiesta will help make the journey as exciting and pleasurable as the final destination.

"Fleetwood's new Terra and Fiesta motor homes will open up an entirely new market for our Class-A motor home line. The balance of luxury and value are unprecedented. Think of it, for the same price as a Lincoln Navigator or Lexus LX470 sport utility vehicle the customer can put themselves in a full feature motor home with amenities and value far above that available from any existing entry level Class-A motor home," says Hal Fahmian, core team leader for Fleetwood's Entry Level Class-A motor homes.

Terra and Fiesta will be offered initially in two floor plans, a 26-foot and a 31-foot model. Fleetwood's wide body construction offers a generous 96" interior width allowing a wide roomy interior living space without the cost and complexity of slide out units. The 26Y floor plan will feature a front galley/dinette, mid bath and rear bedroom layout. The 31H utilizes the additional 5' of floor plan to include a sofa and free standing swivel easy chair. Both floor plans feature a standard queen sized bed in the bedroom with twin beds offered as an option. Both Terra and Fiesta will offer two distinct interior decor packages.

The driver's cockpit features dual reclining front captain chairs for both pilot and co-pilot as well as the obligatory tilt steering, cruise control, intermittent wipers, double-swivel sun visors and a complete instrumentation layout.

Terra and Fiesta's galley includes all the comforts of home including a three-burner range with oven, microwave oven, a 6-cubic foot double door refrigerator, double sinks, and a single lever faucet. A 6-gallon quick recovery water heater with D.S.I. assures abundant hot water. For those owners intending to venture out into colder climates a holding tank heating system is optional. A wall mounted monitor panel allows quick and easy checking of various vehicle systems. Standard LPG, CO and smoke detectors promote safety at all times.

An optional Fan-tastic(R) power roof vent and single roof mounted air conditioner see to warm weather climate control issues. The 31H can also be upgraded with a dual air conditioning system with ECC (Electronic Climate Control). The dual A/C package includes a 5.5kW gasoline generator upgrade. Cold weather comfort is handled by a 25M-BTU furnace in the 26Y and a 35M-BTU furnace in the 31H. Entertainment is provided by an AM/FM CD stereo system and dash mounted 19" television. The video system includes a video control unit that is VCR ready and is pre-wired for the optional satellite dish. Electrical service is attended to by a 4.0kW Onan generator. The system can be further upgraded with an optional dual auxiliary battery package.

Terra and Fiesta will be available with three chassis packages, a Ford and Workhorse chassis for the 31H and a single Workhorse chassis for the 26Y. The 26Y uses a 158.5" wheelbase chassis with a 15,000 lb. Gross Vehicle Weight (GVW) rating. The Workhorse equipped 31H chassis uses a 190" wheelbase version of the same basic chassis. Both Workhorse chassis units utilize an 8.1-liter Vortec V-8 with 340 horsepower and 455 ft. lbs. of torque. The Ford equipped 31H is built on a 15,700 GVW and is powered by a 6.8-liter Triton V-10 making 275 horsepower, 410 ft. lb. of torque. Terra and Fiesta makes taking the toys along for the trip an easy proposition with a Draw-Tite trailer hitch with standard seven point electrical hookup. For towing safety, owners are advised to follow the chassis manufacturer auxiliary braking requirements.

The driver's cockpit features dual reclining front captain chairs for both pilot and co-pilot as well as the obligatory tilt steering, cruise control, intermittent wipers, double-swivel sun visors and a complete instrumentation layout. The radius roof design features ducted air conditioning vents and provides for a flat interior ceiling profile. Terra and Fiesta feature the most aerodynamic front-end design in the Fleetwood motor home lineup. In addition a two-piece front-end assembly is utilized to assure a quality finished product and in the event of an accident reduces repair costs.

Fleetwood RV's 2002 Avion Products

Fleetwood RV, the world's leading recreational vehicle manufacturer reaffirms its class leading position in the luxury towable market with its completely new Avion Platinum & Avion Vintage product lines. The Avion's fifth wheel product line has epitomized Fleetwood's luxury product for forty years with world-class amenities and comfort.

The new Avion Platinum and Avion Vintage are the ambassadors of Fleetwood's new Product Development Process (PDP). A thorough and complete restructuring of how Fleetwood develops, manufacturers and markets its recreational vehicle products. The new Product Development Process is a balanced, practiced system that relies on four basic pillars: cross-functional core teams, critical business decision points, thoroughness milestones and total integration of process. The results of the PDP will be innovative state-of-the-art products like the all-new Avion product lines, luxury fifth wheels that took just 90 days to conceive, create, test and build as a market ready product.

The 2002 Avion will feature two products levels, Platinum and Vintage. Initially, the Avion Platinum products will be offered in 31-foot to 36-foot floor plans with Avion Vintage models from 33-foot to 38-foot. Seven separate floor plans for each product will allow the customer to select the perfect floor plan for their particular needs. Of the seven floor plans, five will be shared and two will be exclusive to each product line. Platinum's distinctive layouts will be on the 31 and 32-foot models while Vintage will see its exclusive floor plans on the 37 and 38-foot models.

In addition to the seven floor plans, the Avion products will offer a host of features and options. Dura-glide(R) electrically operated slide-outs will be offered on every floor plan adding additional living space. These will vary from two to three slide-outs depending on the specific model selected. All models will include a bedroom slide-out and a living room slide-out.

Fabric upholstery is standard equipment, optional leather offered across the board. The Platinum and Vintage feature hardwood raised panel cabinet doors with light oak cabinetry as standard equipment and walnut available as an option on the Vintage.

The 8'4" main room ceiling height and 6'8" ceiling height in the living room slide-outs provides all Avion units with a spacious, open feeling residential living area. Large panoramic smoke tinted windows further this open feeling by allowing the outdoors to shine in yet control heat and cooling system losses. Privacy and light control are quickly and easily obtained via the standard day/night shades.

The entertainment center comes complete with a 27" television, stereo VCR and a surround sound stereo system. The stereo systems include AM/FM cassette, multiple disc CD player and utilizes a seven speaker system in the Platinum while the system fitted in the Vintage uses seven speakers and a sub-woofer.

A quiet, peaceful night's sleep is assured by comfortable, well thought out bedroom layouts. The bedroom offers a standard slide-out, which features an island style queen bed, full-length vanity and abundant storage. For those customers in search of a bit more comfort and sleeping space a king size bed is optional on most models.

The spacious galleys provide beauty and functionality in a layout that is equally capable of handling preparations for a gourmet meal. Features include raised panel hardwood cabinet doors, solid surface countertops, large sinks, single lever lift off faucet with sprayer, three burner range with oven and a space saver microwave. The standard refrigerator is an 8 cu. ft. double door Dometic(R) with a 10 cu. ft. double door unit available as an option.

Avion baths offer all the comforts of home including a glass-enclosed shower, mirrored medicine cabinet, second vanity mirror, a hair dryer and an optional combination washer/dryer on select models. The baths also offer a skylight and adjustable hand-held massage showerhead. Accommodating the active owner is an outside hot/cold water shower that allows a quick rinse after a day at the beach.

Keeping the climate at a pleasant, comfortable level is a collection of systems and features that include an Atwood 2-stage Excaliber(R) furnace, Polar-aire(R) vent and low profile roof mounted air conditioning unit. The two-stage furnace has been designed to be more efficient and quieter from the previous model with a new high/low burner and blower assembly. The system features a 34,000 BTU high range for bringing the room temperature up to the desired level quickly and efficiently. The system's low range uses its 23,000 BTU's to quietly keep the room at the desired temperature. The system is controlled via an easy to use wall-mounted 13 function digital thermostat. Warm weather comfort is seen to with a ceiling fan and the roof mounted Polar-aire vent. The living room Polar-aire vent is thermostatically controlled; the Vintage bedroom unit is a non-sensor model. When the temperature begins to climb towards the triple digit level the air conditioning system is up to the task. The standard roof mounted 15,000 BTU A/C unit is ceiling ducted and can be upgraded with a second unit for those extra hot climates.

A solid and durable platform is assured with a welded steel frame construction utilizing Paco I-beam mainrails. The Paco I-beam construction utilizes corrugated beams for added strength. This dedication towards durability and long lasting beauty continues with the sidewall construction. The welded aluminum framed sidewalls are packed with block foam insulation and then laminated for incredible strength. The Medallion(R) high-gloss smooth finish fiberglass exterior surfaces provide a great high quality appearance, easy maintenance and superior weathering performance. Both Avion products also feature an enclosed underbelly between the main rails. The new frame's I-beam construction allows for cavernous cargo space beneath the bedroom floor. This abundant storage space (500 pound load limit) can be enhanced further with a unique slide tray storage system (optional on Platinum) that allows easy loading and unloading of bulky, heavy items.

Fleetwood designers took an entirely new path when building the new Avion Platinum and Vintage suspension systems. Avion Platinum utilizes a Mor/ryde RE (Rubber Equalization) leaf spring suspension. The RE system replaces the steel leaf spring equalizer with rubber shear springs. The rubber springs isolate and absorb road shock. In addition, the RE system provides increased dynamic axle travel allowing the suspension to absorb more road inputs. The Vintage gets a fully independent Mor/ryde IS (Independent Suspension) suspension system. The IS system also incorporates rubber shear springs and provides an ample 5.5 inches of wheel travel. The independent design allows each wheel to respond individually to road conditions allowing the IS system to "walk over" bumps that would otherwise be very harsh. Both systems utilize Nev-R-Lube(R) axle assemblies.

Four season performance and reliability is enhanced with enclosed, insulated and heated water and holding tank compartments. This cold weather protection also utilizes TuffPEX(TM) plumbing materials. TuffPEX plumbing resists freezing and is easily serviced as well as providing a stronger pressure flow.

Both products feature a 50 AMP electrical service system and 33-foot and larger coaches offer an optional gasoline generator system. All units are pre-wired for an optional solar power system.

Fleetwood Enterprises, Inc. (NYSE:FLE) is the nation's leading manufacturer of recreational vehicles and a leading producer of manufactured housing. Fleetwood's recreational vehicle line includes motor homes, travel trailers, fifth wheels, park trailers, truck campers and folding trailers. Fleetwood RV products are distributed through a nationwide network of more than 1,200 dealers. Established in 1950, Fleetwood operates 59 North American recreational vehicle and manufactured housing facilities. Fleetwood Enterprises employs over 17,000 associates. For more information on Fleetwood Enterprises, visit our website at www.fleetwood.com or call 1-800-444-4905.

This press release contains certain forward-looking statements and information based on the beliefs of the Company's management as well as assumptions made by, and information currently available to, the Company's management. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks, uncertainties, and assumptions, including risk factors identified in the Company's SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.
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