Danny Villanueva Joins Fleetwood Board

RIVERSIDE, Calif., Sept. 24 -- Fleetwood Enterprises, Inc. , the nation's leader in recreational vehicle sales and a leading producer and retailer of manufactured housing, announced today that Daniel D. Villanueva has been elected to its Board of Directors.

Villanueva, 65, is chairman of a minority-controlled private equity investment firm, The Bastion Capital Fund, L.P., which specializes in management buyouts of middle-market companies and related transactions. The Fund was formed in June 1994. It recently sold Telemundo, the nation's second largest Spanish language television network, to NBC. From 1964 to 1990, he was a senior executive with the predecessor to Univision, now the largest Spanish language television network in the United States. A graduate of New Mexico State University, Villanueva currently serves as a director of California Commerce Bank and the Metropolitan West Funds. He also had a successful professional football career with the Los Angeles Rams and Dallas Cowboys.

Villanueva fills the position on the board vacated by the retirement of Glenn Kummer, 69, who was chairman of Fleetwood's Board from January 1998 to February 2002. Kummer joined the Company in 1965 and had been a member of the Board since 1983. His executive level positions included chief executive officer, chief operating officer, and executive vice president.

"Danny is a terrific business leader, and his contributions of money, time and energy back to his community, particularly in the inner-city, are exemplary," stated Edward B. Caudill, Fleetwood's president and CEO. "We are proud to be associated with Danny, and we are excited about the knowledge and the contacts that he is willing to share with Fleetwood. I'd also like to thank Glenn for his many contributions to building this company. His influence on Fleetwood, as well as on both our industries through his involvement in industry trade organizations, has been immeasurable."

Villanueva added, "I'm excited to join the team at one of the nation's outstanding companies with a long history of leadership and innovation in its industry."