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                                                                    Exhibit 99.3
FOR IMMEDIATE RELEASE

Contact:    Joseph P. Tomczak
            Chief Financial Officer
            (817) 885-0000

          KEVCO, INC. ANNOUNCES AGREEMENT TO SELL BETTER BATH DIVISION

FORT WORTH, TEXAS (APRIL 5, 2001) - Kevco, Inc. today announced that in
connection with the Company's plans to sell certain operating units, it has
reached an agreement in principle to sell its Better Bath Division to Drew
Industries Incorporated for an aggregate purchase price of $10.0 million, plus
the assumption of certain contracts. The Company has filed motions with the
United States Bankruptcy Court in Fort Worth seeking approval for the sale as
well as associated bidding and auction procedures. The Company will seek Court
consideration of the bid procedures as promptly as possible. The bid procedures,
if approved by the Court, will include a break-up fee to Drew Industries in the
event the Company sells Better Bath to a higher bidder. The bid procedures will
also provide for minimum bidding increments that must be met before the Company
could entertain higher bids. The Company anticipates a hearing on the sale in
late April.

         Kevco filed voluntary petitions for reorganization under Chapter 11 of
the United States Bankruptcy Code. The petitions were filed in the United States
Bankruptcy Court for the Northern District of Texas on February 5, 2001.

         Kevco, headquartered in Fort Worth, Texas, is a wholesale distributor
and manufacturer of building products for the manufactured housing and
recreational vehicle industries. This press release contains forward-looking
statements within the meaning of Section 21E of the Securities Exchange Act of
1934, as amended. Forward-looking statements include those relating to
implementation of the Company's cost improvement and operating efficiency
initiatives, the effect of installation of a new information system, the outlook
for and advantages of manufactured housing and includes statements relating to
the Company or its operations that include terms such as "expects," "believes,"
"anticipates," "intends," "goals" and similar expressions. Forward-looking
statements are not guarantees of future performance and involve risks and
uncertainties. The Company's actual results, performance and achievements could
differ materially from the results, performance or achievements expressed in, or
implied by, these forward-looking statements as a result of various factors,
including without limitation, the Company's substantial leverage and its effects
on the Company's ability to obtain additional capital as needed, the adequacy of
existing funds to meet liquidity needs, the Company's ability to integrate its
operations and realize savings from the implementation of its new management
information systems, the realization of savings from plant consolidations and
staff reduction; the ability of the manufactured housing industry to reduce
inventory, customer demand for manufactured housing and recreational vehicles,
the effect of general economic conditions, including increasing interest rates,
the availability of financing for manufactured housing customers and the impact
of raw materials prices. This press release speaks as of the date it is
released. The Company does not intend to, and does not undertake to, update
information contained in this press release absent an express obligation to do
so in connection with required filings under Federal securities laws. A
description of these factors, as well as other factors which could affect the
Company's business, is set forth in filings by the Company with the Securities
and Exchange Commission, including the Company's Form 10-K for the year ended
December 31, 1999 and Form 10-Q for the quarter ended September 30, 2000.