Exhibit 99.1

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FOR IMMEDIATE RELEASE
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Date:    December 11,  2003                                        DREW
- -----------------------------------------------          INDUSTRIES INCORPORATED
Contact: Leigh J. Abrams, President and CEO
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Phone:   (914) 428-9098 Fax:     (914) 428-4581
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E Mail:  Drew@drewindustries.com
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              Drew Industries Lists on the New York Stock Exchange

White Plains, New York - December 11, 2003 - Drew Industries Incorporated (NYSE:
DW) today announced that its stock will be listed on the New York Stock Exchange
("NYSE") beginning today, moving from the American Stock Exchange ("AMEX").

"We consider this a significant milestone in the progress of Drew Industries for
our Company and its shareholders. We believe the New York Stock Exchange will
provide our shareholders with an excellent trading environment and a platform
with greater liquidity and transparency," said Leigh J. Abrams, President and
CEO of Drew Industries. "This move follows Drew's strong operating performance
and record financial results year-to-date. We are poised to continue our
momentum into the coming year and look forward to the increased exposure and
presence associated with a listing on the NYSE."

"The Exchange is privileged to welcome Drew Industries Incorporated to its
family of listed companies, and looks forward to an outstanding partnership with
Drew and its shareholders" said NYSE President and co-COO Catherine Kinney.

About Drew

Drew, through its wholly owned subsidiaries, Kinro and Lippert Components,
supplies a broad array of components for recreational vehicles and manufactured
homes. Drew's products include aluminum and vinyl windows and screens, doors,
chassis, chassis parts, RV slide-out mechanisms and power units, bath and shower
units, and electric stabilizer jacks. From 41 factories located throughout the
United States and one factory in Canada, Drew serves most major national
manufacturers of RVs and manufactured homes in an efficient and cost-effective
manner. Additional information about Drew and its products can be found at
www.drewindustries.com.

Forward Looking Statements

This press release contains certain statements, including the Company's plans
and expectations regarding its operating strategies, products and costs, and its
views of the prospects of the recreational vehicle and manufactured housing
industries, which are forward-looking statements and are made pursuant to the
safe harbor provisions of the Securities Litigation Reform Act of 1995. These
forward-looking statements reflect the Company's views, at the time such
statements were made, with respect to the Company's future plans, objectives,
events and financial results such as revenues, expenses, income, earnings per
share, capital expenditures, and other financial items. Forward-looking
statements are not guarantees of future performance; they are subject to risks
and uncertainties. The Company does not undertake to update forward-looking
statements to reflect circumstances or events that occur after the date the
forward-looking statements are made.

There are a number of factors, many of which are beyond the Company's control,
which could cause actual results and events to differ materially from those
described in the forward-looking statements. These factors include pricing
pressures due to competition, raw material costs (particularly vinyl, aluminum,
steel, glass, and ABS resin), availability of retail and wholesale financing for
manufactured homes, availability and costs of labor, inventory levels of
retailers and manufacturers, levels of repossessed manufactured homes, the
financial condition of our customers, interest rates, and adverse weather
conditions impacting retail sales. In addition, general economic conditions and
consumer confidence may affect the retail sale of recreational vehicles and
manufactured homes.

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