FOR IMMEDIATE RELEASE              October 20, 2003

                    Contact:    Rosemarie Faccone or
                                Susan Jordan
                                (732) 577-9997


                    UNITED MOBILE HOMES, INC.
               ADDED TO MORGAN STANLEY REIT INDEX

      Freehold, NJ, October 20,  2003..United Mobile Homes,  Inc.
(AMEX:UMH)  is proud to announce that it has been  added  to  the
Morgan  Stanley  REIT  Index (RMS),  as  part  of  the  quarterly
rebalancing of this index, effective Monday, October 20, 2003.

       The   Morgan  Stanley  REIT  Index  (RMS)  is   a   market
capitalization-weighted  total-return  index   of   real   estate
investment   trusts   (REITs)   that   meet   certain   liquidity
requirements.   The index was designed to track the  total-return
performance  of  a broad group of REIT stocks, assuming  dividend
reinvestment  in the index on the ex-dividend date.   Stocks  are
selected  for  the index based on a prescribed set  of  selection
criteria  and  rebalancing rules that should permit investors  to
replicate index performance.

      Samuel  A.  Landy, President of United Mobile Homes,  Inc.,
stated,  "United  Mobile Homes, Inc. is proud of  its  record  of
earnings and growth."   In addition, he expressed satisfaction in
accomplishing his goal of increasing the marketability of  shares
by  being  included  in the various Index Funds.   "Earlier  this
year,  UMH was included in the Russell 2000 Index.  Now, we  have
been added to the Morgan Stanley REIT Index.   These indexes  are
widely  used  by  managers for index funds and as benchmarks  for
both passive and active investment strategies.  We are very proud
of these milestones for our company."

      United  Mobile Homes, Inc. is a publicly-owned real  estate
investment  trust  whose primary business is  the  ownership  and
operation  of manufactured home communities, leasing manufactured
home  spaces  to  private manufactured home owners,  and  leasing
homes  to residents.  UMH owns over 6,000 sites in a total of  26
communities  located in New York, New Jersey, Pennsylvania,  Ohio
and Tennessee.  In addition, the Company owns a portfolio of REIT
securities.   United  Mobile Homes, Inc. has  been  in  operation
since 1968, operating as a public company since 1985.

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