Exhibit 99.1


          FLEETWOOD REPORTS PRELIMINARY SALES FOR
           FOURTH QUARTER AND FISCAL YEAR 2006


Riverside, Calif., May 4, 2006 - Fleetwood Enterprises, Inc. (NYSE:FLE)
announced today preliminary sales for its fourth quarter and fiscal year ended
April 30, 2006.

In the fourth fiscal quarter, Fleetwood's sales were approximately $597
million, up 7 percent from $560 million in last year's final quarter. Quarterly
sales for the RV Group improved 12 percent while the Housing Group's revenues
declined 19 percent. For the fiscal year, consolidated sales increased 2
percent to $2.43 billion compared with $2.37 billion last year, with
recreational vehicles off 3 percent and manufactured housing up 1 percent.
Consolidated revenues for the fourth quarter of fiscal 2005 were net of $27
million in intercompany sales with no comparable offset in the current quarter.
Consolidated revenues in fiscal 2005 were net of $128 million in intercompany
sales, while fiscal 2006 revenues were reduced by only $26 million of
intercompany sales due to the August 2005 sale of the Company's retail housing
business.

The 12 percent increase in quarterly recreational vehicle sales raised total
revenues for the Group to approximately $426 million from the prior year's $381
million, due to significant increases in both travel trailers and folding
trailers. Travel trailers increased by 35 percent to $157 million. Excluding
this quarter's $34 million in FEMA unit sales, the travel trailer division
experienced a smaller 6 percent gain over the prior year. Folding trailer
revenues were up 18 percent to $23 million. Motor home revenues were
approximately unchanged, over the prior year, at $246 million.

For the full fiscal year, sales of recreational vehicles totaled approximately
$1.61 billion, down 3 percent from $1.66 billion in the prior year. Motor home
sales declined 11 percent to $973 million compared with $1.10 billion last
year, travel trailer sales were up 15 percent to $550 million compared to $478
million last year, and folding trailers were off 1 percent at $84 million
versus the prior year's $85 million. For the 2006 fiscal year, the travel
trailer division sold approximately $136 million of FEMA units, compared with
$14 million in 2005.

"The beginning of the spring selling season has been soft for the motor home
industry due to consumer and dealer concerns about fuel costs and rising
interest rates," said Elden Smith, Fleetwood's president and chief executive
officer. "In light of that and the fact that last year's sales were made in an
industry environment of heavy discounting, we view flat motor home revenues as
a positive. We are also encouraged by the gains in our towable divisions. This
is the second consecutive quarter of improved sales for the travel trailer
division, even without the boost of the FEMA business, and our backlogs remain
strong going into the first quarter of fiscal 2007. This is also the first
quarter of year-over-year improvement in folding trailers since the fourth
quarter of fiscal 2004, which may be an indication that the extended negative
trend in that industry niche has reversed."

Manufactured housing preliminary fourth quarter sales were $157 million, a
reduction of 19 percent from $192 million in the same period of the prior year.
For the full fiscal year, preliminary manufactured housing sales were $795
million, up 1 percent from $786 million in the prior year. Current year sales
include $87 million of disaster relief revenues as compared to $44 million in
fiscal 2005. There were no significant disaster relief sales in the fourth
quarter of either year.

"The comparisons in this quarter were particularly difficult for our Housing
Group," Smith said. "Last year at this time, we were filling some large orders
for housing communities that totaled over $10 million. We also made $27 million
of sales to our own retail stores in last year's fourth quarter, more than 50
of which were closed after we completed the sale of that division. We are
confident that the downturn is temporary, and believe that our new, more
regionally focused products will ultimately produce revenue and market share
increases. We have participated in a number of shows recently where our
products generated substantial excitement, leading us to be optimistic
regarding future orders.

"When compared with the same quarter of last year, our fourth quarter results
will be reflective of the progress we're making in executing our restructuring
plan," Smith said. "Obviously, given the difficulty of last year's fourth
quarter, we expect the results for the current quarter to compare very
favorably. In addition, despite lower FEMA sales and the slower market in
manufactured housing and motor homes, we anticipate that we will post fourth
quarter results at comparable levels to those of our third quarter. We continue
working toward consistent profitability, despite a current headwind in both the
RV and manufactured housing industry environments. At the same time we are
positioning the Company to take advantage of any upturn in our markets.
Although we anticipate that some of the market challenges we faced in this
quarter will continue into the first quarter of the new fiscal year, we are
encouraged by our current RV backlog that ranges from 6 to 7 weeks of
production. We are also eager to push forward, in the next few months, with the
introduction of our '07 RV products, designed to enhance the distinction
between our various brands and achieve a more competitive fit of each in the
market. We remain optimistic about the future of both the recreational vehicle
and manufactured housing industries, and our participation in each."

The Company also announced it would pay the cash distribution due on its 6%
preferred securities on May 15, 2006.

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, 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, rising
interest rates, fuel 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 and components; 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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