Monaco Coach Corporation's New Entry-Level Towable RVs and 400 HP Diesels Are Big Hit With Dealers at Louisville RV Show COBURG, Ore., Dec. 8 /PRNewswire-FirstCall/ -- Monaco Coach Corporation (NYSE:MNC), one of the nation's leading manufacturers of recreational vehicles, reported an exceptional reception to its new models at the 42nd annual Recreation Vehicle Industry Association's National RV Trade Show held last week in Louisville, Kentucky. (Logo: http://www.newscom.com/cgi-bin/prnh/19991018/MONACO) Monaco's newest models include the entry-level priced Holiday Rambler Savoy LE travel trailer and the McKenzie Starwood LE fifth-wheel. Both models generated outstanding dealer response and preliminary order activity at the show. "We went to the drawing board to create two brand new entry-level towable RVs that deliver the look and feel that have been associated with Monaco for many years," reported Mike Snell, V.P. of Sales at Monaco. "The Savoy and Starwood will allow our dealers to introduce customers to Monaco products at extremely competitive price points and a terrific value." In addition, several new floor plans stood out among Monaco Coach Corporation's new products that were featured at the Louisville show. Monaco also introduced to it's Diplomat and Endeavor models a powerful new 400 horsepower Cummins (R) diesel engine. "This was the best Louisville show for dealer attendance in recent memory," said Kay Toolson, Monaco's C.E.O. "We view the reception to our new products at this show as an endorsement of our product development direction." Toolson added, "The '05 product continues to be well-received by our dealer partners and RV consumers, and the show appeared to be an extension of that momentum." Monaco interviewed many of its dealers at the show in relation to the franchise agreement concept that Monaco will offer its dealers. "The reaction of our dealers on the progress we have made developing our franchise concept was very encouraging," said John Nepute, Monaco's President. "We will be including the input of our dealer partners as we finalize the agreement, which we plan to roll-out the first half of 2005." Headquartered in Coburg, Oregon, with additional manufacturing facilities in Central Oregon and Indiana, Monaco Coach Corporation is one of the nation's leading manufacturers of recreational vehicles. The company offers customers luxury recreational vehicle models under the Monaco, Holiday Rambler, Safari, Beaver, McKenzie and Royale Coach brand names. The statements above regarding the favorable response of dealers to the Company's new products may be deemed forward-looking statements are based on current information and expectations and involve a number of risks and uncertainties. A number of factors could cause actual results to differ materially from the future sales that may be implied by these statements, including but not limited to dealer and customer acceptance of the models, rising interest rates, fuel availability and price, consumer confidence and competitive product introductions. Please refer to the Company's SEC reports, including but not limited to the most recent Form 10-Q, the annual report on Form 10-K for 2003, and the 2003 Annual Report to Shareholders for additional factors. These filings can be accessed over the Internet at http:www.sec.gov For more information, please contact: Investor Relations, Craig Wanichek of Monaco Coach Corporation, +1-541-686-8011, ; or Bevo Beaven, Vice President, , or Bill Conboy, Sr. Account Executive, , both of CTA Public Relations, +1-303-665-4200, for Monaco Coach Corporation. http://www.newscom.com/cgi-bin/prnh/19991018/MONACO http://photoarchive.ap.org/ DATASOURCE: Monaco Coach Corporation CONTACT: Investor Relations, Craig Wanichek of Monaco Coach Corporation, +1-541-686-8011, ; or Bevo Beaven, Vice President, , or Bill Conboy, Sr. Account Executive, , both of CTA Public Relations, +1-303-665-4200, for Monaco Coach Corporation

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