Exhibit 99.1


          FLEETWOOD REPORTS PRELIMINARY REVENUES FOR
          THIRD QUARTER, FIRST NINE MONTHS OF FISCAL 2006


Riverside, Calif., February 2, 2006 - Fleetwood Enterprises, Inc.
(NYSE:FLE), a leading producer of recreational vehicles and manufactured
housing, today announced preliminary revenues for the third quarter
ended January 29, 2006, and the first nine months of fiscal 2006.

Revenues for the most recent third quarter increased 14 percent to
approximately $580 million from $509 million in the same quarter last
year. For the first nine months of the current fiscal year, revenues
rose 1 percent to $1.83 billion from $1.81 billion in the prior year.

Recreational vehicle sales for the third quarter grew 5 percent to
approximately $361 million compared with $343 million a year ago, due to
a 75 percent increase in sales of travel trailers, partially offset by a
23 percent reduction in motor home sales and a 5 percent decrease in
folding trailer sales. Of the current quarter's revenues, motor homes
contributed $179 million, travel trailers $167 million and folding
trailers $15 million.

"We are pleased by the strong increase in travel trailer sales, which
included approximately $74 million of trailers sold to FEMA,"
Fleetwood's President and CEO Elden L. Smith said. "In addition, the
relatively high levels of production at which we have been operating our
travel trailer plants during this quarter will allow us to quickly fill
dealer orders for the spring selling season. Accordingly, our dealers
were able to place their orders later than usual, allowing us to meet
FEMA's timetable and at the same time keep dealer inventories at low
levels for this time of year. Our backlog for travel trailers continues
to be strong compared to this time last year, even without including the
additional FEMA orders that will be built during the fourth quarter. We
believe the decline in motor home sales reflects not only a softer
market, especially for Class A units, but also prudence on our part and
the part of our dealers to avoid the kind of overproduction and
resulting excess inventory that occurred in last year's third quarter."

Shipments of FEMA homes positively impacted the third quarter's sales of
manufactured housing by approximately $57 million, producing a revenue
increase of 14 percent to approximately $209 million from $184 million a
year ago.

"While we continue to be optimistic about the long-term future of
manufactured housing, the lending environment has only gradually
improved," Smith said. "The industry is experiencing growth in the
Southeast and Southwest markets, but industry shipments to the rest of
the country continue to be lower. As people begin to rebuild their lives
on the Gulf Coast, we believe we will experience an increase in orders
because manufactured homes are a well-accepted permanent housing
alternative to site-built homes in that area. In addition, factory-built
homes can be delivered more quickly than conventional homes, and are
typically more affordable.

"The FEMA orders have served as a bridge over what is normally a
seasonal lull and provided time for many of our recent restructuring
moves to gain further traction," Smith said. "We are using this time
effectively.  For instance, our product development groups have focused
on preparing our '07 lineup of travel trailer products while the plants
have seen improved efficiencies from the manufacture of significant
numbers of identical trailers to FEMA's specifications. Meanwhile, the
strength being shown by our improved '06 product lines in all categories
of RVs has allowed us to perform well in a very competitive marketplace
without discounting current year models.

"We are cautiously optimistic about the spring selling season," Smith
continued. "While there are a number of positive indications, including
elevated consumer confidence and some moderation in fuel prices, the
majority of the very early spring shows have been slower than they were
last year, both in traffic and in sales. We feel that our discipline in
not building excess RV finished unit inventory will be helpful to our
operating results, and we are confident that when sales begin to pick up
we can increase production correspondingly. Despite the continued
positive progress in the quarter, the softer-than-expected motor home
sales now suggest that third quarter operating results will likely fall
somewhat short of those from the second quarter.  Results will, however,
show dramatic improvement over the fiscal 2005 third quarter and, we
currently believe, will reflect profitable continuing operations."

For the first nine months of fiscal year 2006, manufactured housing
sales increased 8 percent to approximately $638 million from $593
million a year ago, while sales of recreational vehicles were down 8
percent to $1.18 billion from $1.28 billion in fiscal 2005.

About Fleetwood
Fleetwood Enterprises, Inc. 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, manufactured 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 cyclical nature of both the
manufactured housing and recreational vehicle industries; ongoing
weakness in the manufactured housing market; continued acceptance of the
Company's products; the potential impact on demand for Fleetwood's
products as a result of changes in consumer confidence levels; the
effect of global tensions, gasoline prices and other factors on consumer
confidence; expenses and uncertainties associated with the introduction
and manufacturing of new products; the future availability of
manufactured housing retail financing, as well as housing and RV
wholesale financing; availability and pricing of raw materials; changes
in retail inventory levels in the manufactured housing and recreational
vehicle industries; competitive pricing pressures; the ability to
attract and retain quality dealers, executive officers and other
personnel; and the Company's ability to obtain financing needed in order
to execute its business strategies. Actual results, events and
performance may differ materially.

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