Exhibit 99.1


              FLEETWOOD REPORTS PRELIMINARY REVENUES
       FOR SECOND QUARTER, FIRST SIX MONTHS OF FISCAL 2008

Riverside, Calif., November 1, 2007 - Fleetwood Enterprises, Inc.
(NYSE:FLE) announced today preliminary revenues for the second quarter
and first six months of fiscal 2008, ended October 28, 2007.

Consolidated revenues for the quarter were approximately $487 million, an
8 percent decrease from $527 million in last year's second quarter.
Compared with the prior year, second quarter sales for recreational
vehicles declined 9 percent, while manufactured housing revenues
increased 1 percent.

Recreational vehicle sales for the second quarter were approximately $331
million versus $365 million a year ago. Motor home sales increased 14
percent to $263 million from $231 million in the same period a year ago,
travel trailer sales declined 56 percent to $46 million from $104
million, and folding trailer sales were off 27 percent to $22 million
from $30 million. Housing sales rose 1 percent to $149 million, compared
to $147 million in the prior year.

"Given the current economic environment, we are encouraged by the growth
in motor home and manufactured housing sales," said Elden L. Smith,
president and chief executive officer. "In recent months both of these
operations have increased their share of industry shipments. In addition,
the motor home division has gained retail market share, indicating that
the dealers and customers are responding to our customer-focused designs
and recognize the value orientation of our products. While we have made a
number of organizational and product improvements in our travel trailer
division, our sales for the quarter were considerably less than
underlying retail sales, resulting in lower dealer inventories. This
reflects dealer caution in response to current economic uncertainty as
well as the impact of plant closures in specific regions where we no
longer provide certain products. We expect that soon, as dealer
inventories reach equilibrium, our shipments to dealers will increase to
more closely approximate the rate of their retail sales."

For the first six months of fiscal 2008, consolidated revenues were off 6
percent to $997 million from $1.1 billion in the first half of the prior
fiscal year. Sales of recreational vehicles were down 6 percent to $690
million from $736 million and manufactured housing sales rose
fractionally to $294 million from $293 million, compared with the first
six months of fiscal 2007.

"As expected, soft industry conditions in manufactured housing and
towables persisted throughout our second quarter," Smith said.
"Accordingly, we currently anticipate a small operating loss, due
primarily to the impact of impairment charges on idle real estate that is
being marketed for sale as well as lower-than-expected travel trailer
volumes. However, as a result of restructuring and cost-cutting efforts,
our results will show significant improvement over last year's second
quarter."

Fleetwood expects to announce its full results for the second quarter on
Thursday, December 6, 2007, and will hold a conference call to discuss
the results at 1:30 p.m. EST the same day.

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 including, but not limited to, expectations
for second quarter results, 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 lack of assurance that we will regain sustainable
profitability in the foreseeable future; the effect 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 our products, particularly recreational vehicles;
the availability and cost of wholesale and retail financing for both
manufactured housing and recreational vehicles; our ability to comply
with financial tests and covenants on existing debt obligations; our
ability to obtain the financing we will need in the future to execute our
business strategies; 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 manufactured
housing and recreational vehicle industries; the volatility of our stock
price; repurchase agreements with floorplan lenders, which could result
in increased costs; potential increases in the frequency of product
liability, wrongful death, class action, and other legal actions; and the
highly competitive nature of our industries.

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