Exhibit 99.1


              FLEETWOOD REPORTS PRELIMINARY SALES FOR
                FOURTH QUARTER AND FISCAL YEAR 2007

Riverside, Calif., May 3, 2007 - Fleetwood Enterprises, Inc. (NYSE:FLE)
announced today preliminary sales for its fourth quarter and fiscal year
ended April 29, 2007.

Sales for the 2007 fiscal fourth quarter were approximately $505 million,
down 16 percent from $603 million last year. Non-FEMA sales to independent
dealers, which exclude sales of $33 million for disaster relief from last
year, were down 11 percent quarter over quarter. On a segment basis,
quarterly sales for the RV Group declined 12 percent to $379 million while
the Housing Group's revenues dropped 25 percent to $117 million.

For the full fiscal year, consolidated sales were off 18 percent to
$2.00 billion from $2.43 billion last year, with recreational vehicles
11 percent lower and manufactured housing down 35 percent. Non-FEMA sales to
independent dealers, which exclude sales of $222 million for disaster relief
in fiscal 2006, were down 9 percent.

The 12 percent decline in the fourth quarter recreational vehicle sales
reflects difficult market conditions that particularly impacted both travel
trailers and folding trailers. Travel trailer revenues fell 49 percent to
$81 million, or by 35 percent excluding last year's FEMA sales of
$33 million. Folding trailer revenues were down by 13 percent to $20 million.
Backlogs for both towable divisions continue to be down significantly from
last year. Motor home revenues increased by 12 percent to $278 million and
backlogs for this division are currently 35 percent higher than at this time
last year.

For the full fiscal year, preliminary sales of recreational vehicles totaled
approximately $1.44 billion, down 11 percent from $1.61 billion in the prior
year. Motor home sales declined 2 percent to $962 million, travel trailer
sales were off 30 percent to $389 million, and folding trailers increased
5 percent to $88 million. In the prior fiscal year, the travel trailer
division sold approximately $135 million of FEMA units. Non-FEMA sales to
independent dealers were down 7 percent in travel trailers and 3 percent for
the RV Group as a whole.

"The beginning of the spring selling season in the RV industry has been
softer than we had expected," said Elden Smith, Fleetwood's president and
chief executive officer. "For the first three calendar months of the year,
industry motor home shipments were down slightly, with Class A shipments up 3
percent and Class C shipments down 13 percent. Our overall 12 percent
increase for the fiscal quarter compares favorably, although it is not a
direct comparison with the calendar quarter.

"The fourth-quarter decline in our folding trailer sales was also slightly
better than industry shipment trends, but the reverse is true in travel
trailers," Smith continued. "We have taken additional steps to reduce our
travel trailer manufacturing capacity. Yesterday, we notified our associates
of the impending closure of our Canadian travel trailer manufacturing
facility in Lindsay, Ontario, and the immediate closure of our facility in
Campbellsville, Kentucky. Previous moves to rationalize production allow us
to produce a simplified array of products in our remaining five plants, with
each specializing in a specific market segment. We are also producing fewer
floor plans, which will further improve efficiencies and reduce costs. These
actions will put additional short-term pressure on our national market share,
but we believe that this manufacturing footprint will enable us to compete
more effectively in important geographic and market segments."

Manufactured housing preliminary fourth quarter sales were $117 million, a
reduction of 25 percent from $157 million in the same period of the prior
year. For the full fiscal year, manufactured housing sales were $518 million,
down 35 percent from $796 million in the prior year. Fiscal 2006 included
$87 million from disaster relief sales in the second and third quarters.

"We are optimistic going into the first quarter of fiscal 2008 due to
increased backlogs, which are 58 percent above last year's level, and our
modular housing initiatives," Smith said. "Although these positive factors
did little to affect our fourth quarter revenues, we believe that we may have
finally seen the bottom of the prolonged manufactured housing industry slump.
Major lenders to our industry are reporting higher application volume with
better quality of credit and higher approval rates. It appears that the
tightening of loan pricing and more stringent underwriting in the site-built
industry may be restoring some of our industry's competitive advantage.

"Despite lower-than-anticipated revenues and considerable restructuring
charges related to five plant closures, we are reaffirming the expectation
expressed in our third quarter results release that we will sustain a
significant operating loss in the fourth quarter, although we anticipate it
will be less than the third quarter loss," Smith concluded. "We continue to
work toward consistent profitability, although the headwinds in both of our
industries during the past two years have caused some delays in realizing our
goals. While the first quarter will still be impacted by some of these
factors, particularly in the travel trailer division, we expect the Company
to report year-over-year improvement in revenues and operating results."

About Fleetwood
Fleetwood Enterprises, Inc., through its subsidiaries, is a leading producer
of recreational vehicles and manufactured homes. This Fortune 1000 company,
headquartered in Riverside, Calif., is dedicated to providing quality,
innovative products that offer exceptional value to its customers. Fleetwood
operates facilities strategically located throughout the nation, including
recreational vehicle, factory-built housing and supply subsidiary plants. For
more information, visit the Company's website at www.fleetwood.com.

This press release contains certain forward-looking statements and
information based on the beliefs of Fleetwood's management as well as
assumptions made by, and information currently available to, Fleetwood's
management. Such statements reflect the current views of Fleetwood with
respect to future events and are subject to certain risks, uncertainties, and
assumptions, including risk factors identified in Fleetwood's 10-K and other
SEC filings. These risks and uncertainties include, without limitation, the
timing of improvements in the Company's primary markets; the lack of
assurance that the Company will regain sustainable profitability in the
foreseeable future; the Company's ability to comply with financial tests and
covenants on existing debt obligations and to obtain future financing needed
in order to execute its business strategies; the volatility of the Company's
stock price; the impact of ongoing weakness in the manufactured housing
market and more recent weakness in the recreational vehicle market; the
effect of global tensions, fuel prices, interest rates, and other factors on
consumer confidence, which in turn may reduce demand for Fleetwood's
products, particularly RV products; the availability and cost of wholesale
and retail financing for the Company's products, especially manufactured
housing; the cyclical and seasonal nature of both the manufactured housing
and recreational vehicle industries; expenses and uncertainties associated
with the entry into new business segments or the manufacturing, development
and introduction of new products; the potential for excessive retail
inventory levels in the Company's industries, especially the recreational
vehicle business; potential increases in the frequency of product liability,
wrongful death, class action, and other legal or regulatory actions; the
highly competitive nature of our industries; lack of acceptance of
Fleetwood's products; and repurchase agreements with floorplan lenders, which
could result in increased costs.

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