Winnebago Industries and Freightliner Custom Chassis Corporation Sign Exclusivity Agreement

Gaffney, S.C.—Winnebago Industries announced at their Dealer Days in July that it has signed a new, three-year exclusivity agreement with Freightliner Custom Chassis Corporation. This new agreement calls for all Winnebago Industries' diesel pusher motorhomes to be built on a Freightliner chassis. This includes all Winnebago Journey and Vectra models and Itasca Meridian and Horizon models.

Developed by FCCC in conjunction with Winnebago Industries, the Evolution™ chassis is used exclusively on the Vectra and Horizon models. The Evolution features a one-of-a-kind formed-rail design for motorhomes, which results in a lighter, stiffer chassis than typical raised-rail designs. Additionally, the Evolution is equipped with a Caterpillar® C7 350-horsepower or Cummins® ISL 400-horsepower engine, ZF Independent Front Suspension and an industry-leading 56-degree wheel cut.

In 2004, Winnebago Industries will be the largest single user of FCCC chassis in the industry. Established 45 years ago, Winnebago Industries, Inc., Forest City, Iowa, is the leading manufacturer of motorhomes in the United States . In the last year, the company has grown its diesel pusher share of the industry from 8.7 percent through July 2003, to 14.6 percent through July 2004 (Statistical Surveys, July 2004). The Winnebago Journey is currently the best-selling diesel pusher in the industry.

Bruce Hertzke, Chairman, President and CEO of Winnebago Industries, said, "Our new agreement with Freightliner Custom Chassis Corporation will allow us to focus on our research and development efforts and continue to grow our share of the diesel market segment. As part of our relationship, we will also work aggressively with Freightliner Custom Chassis to streamline the service process for dealers and owners."

"We are pleased that Winnebago Industries and Freightliner Custom Chassis will work together in producing the highest-quality motorhomes possible. Our combined goal continues to be providing the RV customer with the most reliable, technologically advanced chassis in the industry."

Freightliner Custom Chassis Corporation manufactures premium chassis for the motorhome, delivery walk-in van, school bus and shuttle bus markets. It is a subsidiary of Freightliner LLC, the leading heavy-duty truck manufacturer in North America. Freightliner produces and markets Class 3-8 vehicles under the Freightliner, Sterling, Western Star, American LaFrance, and Thomas Built Buses nameplates and is a company of DaimlerChrysler, the world's leading commercial vehicle manufacturer.

Winnebago Industries, Inc. is the leading United States manufacturer of motorhomes, self-contained recreation vehicles used primarily in leisure travel and outdoor recreation activities. The Company builds quality motorhomes under the Winnebago, Itasca and Rialta brand names with state-of-the-art computer-aided design and manufacturing systems on automotive-styled assembly lines. The Company's common stock is listed on the New York, Chicago and Pacific Stock Exchanges and traded under the symbol WGO. Options for the Company's common stock are traded on the Chicago Board Options Exchange. For access to Winnebago Industries' investor-relations materials, to add your name to an automatic e-mail list for company news releases, or for information on a dollar-based stock investment service for the Company's stock, visit, http://www.winnebagoind.com/.

Related Press Releases