8-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) August 8, 2003

Clayton Homes, Inc.

(Exact name of Registrant as specified in charter)

Delaware	1-8824	62-1671360
(State or other jurisdiction of incorporation)	(Commission file number)	(IRS employer identification no.)

5000 Clayton Road, Maryville, Tennessee	37804
(Address of principal executive offices)	(Zip code)

Registrant’s telephone number, including area code (865) 380-3000

Not applicable

(Former name or former address, if changed since last report)

TABLE OF CONTENTS

Ex-99.1 Press Release

Item 5. Other Events.

     On August 8, 2003, Clayton Homes, Inc., a Delaware corporation, issued a press release, which is attached hereto as Exhibit 99.1 and incorporated herein by reference, commenting on the proceedings in a court case brought by the Denver Area Meat Cutters.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

     (c)  Exhibits.

99.1 Press Release issued by Clayton Homes, Inc. on August 8, 2003.

2

SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 8, 2003
	CLAYTON HOMES, INC
	By:	/s/ Kevin T. Clayton
		Kevin T. Clayton Chief Executive Officer and President

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Exhibit Index

Exhibit No.	Description
99.1	Press Release issued by Clayton Homes, Inc. on August 8, 2003.

4 EX-99.1 3 g84388exv99w1.txt EX-99.1 PRESS RELEASE EXHIBIT 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE AUGUST 8, 2003 CMH CONTACT: CARL KOELLA, TREASURER PHONE: 865-380-3206 FAX: 865-380-3784 CLAYTON HOMES, INC. COMMENTS ON COURT PROCEEDINGS Knoxville, TN. Clayton Homes, Inc. announced today that a court case brought by the Denver Area Meat Cutters has been remanded back to the trial court in Blount County for further consideration. The trial court had previously refused to stop the merger of Clayton Homes with a subsidiary of Berkshire Hathaway. The merger was completed Thursday morning under Delaware law, where Clayton Homes is incorporated. "We are disappointed that the actions of one group are delaying payment of $1.7 billion to 40,000 of our former stockholders," remarked Kevin T. Clayton, chief executive officer. "We will move as expeditiously as possible to resolve this matter in favor of those stockholders." Clayton Homes, Inc. is a vertically integrated manufactured housing company with 20 manufacturing plants, 296 Company owned stores, 611 independent retailers, 86 manufactured housing communities, and financial services operations that provide mortgage services for 168,000 customers and insurance protection for 100,000 families. Certain statements in this press release are "forward looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guaranties of future performance and actual results may differ materially from those forecasted. Clayton Homes, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. -----END PRIVACY-ENHANCED MESSAGE-----

EX-99.1

                                                                   EXHIBIT 99.1


NEWS RELEASE

FOR IMMEDIATE RELEASE

AUGUST 8, 2003                             CMH CONTACT:  CARL KOELLA, TREASURER
                                           PHONE:        865-380-3206
                                           FAX:          865-380-3784


               CLAYTON HOMES, INC. COMMENTS ON COURT PROCEEDINGS

Knoxville, TN. Clayton Homes, Inc. announced today that a court case brought by
the Denver Area Meat Cutters has been remanded back to the trial court in
Blount County for further consideration. The trial court had previously refused
to stop the merger of Clayton Homes with a subsidiary of Berkshire Hathaway.
The merger was completed Thursday morning under Delaware law, where Clayton
Homes is incorporated.

"We are disappointed that the actions of one group are delaying payment of $1.7
billion to 40,000 of our former stockholders," remarked Kevin T. Clayton, chief
executive officer. "We will move as expeditiously as possible to resolve this
matter in favor of those stockholders."

Clayton Homes, Inc. is a vertically integrated manufactured housing company
with 20 manufacturing plants, 296 Company owned stores, 611 independent
retailers, 86 manufactured housing communities, and financial services
operations that provide mortgage services for 168,000 customers and insurance
protection for 100,000 families.

Certain statements in this press release are "forward looking" statements
within the meaning of the Private Securities Litigation Reform Act of 1995.
These statements are not guaranties of future performance and actual results
may differ materially from those forecasted. Clayton Homes, Inc. undertakes no
obligation to publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.