Replies to post #2476 on Fleetwood Enterprises Inc. (fka FLTWQ)

[Supergarvis]

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Item 8.01 Other Events.

a. Amendment to Asset Purchase Agreement

On May 6, 2009, Monaco Coach Corporation (the “Company”) entered into an Amendment No. 1 to Asset Purchase Agreement (the “Amendment”), effective as of May 1, 2009, with Workhorse International Holding Company (the “Purchaser”), an affiliate of Navistar Inc. (“Navistar”), which Amendment contained certain amendments to the Amended and Restated Asset Purchase Agreement (the “Asset Purchase Agreement”), dated as of April 23, 2009, between the Company, certain of its subsidiaries (collectively with the Company, “Sellers”), Navistar and Purchaser for sale of substantially all of the core RV manufacturing assets of Sellers (the “Manufacturing Assets”). The amendments generally were technical in nature, involving, inter alia, Purchaser bid protections and the clarification or modification of cash deductions to the purchase price.

The net proceeds of the transaction, after paying costs associated with the transaction, will be used to satisfy the obligations of the Company and its subsidiaries to their creditors. The Company does not anticipate that there will be proceeds ultimately available to the Company from the transactions contemplated by the Asset Purchase Agreement (as amended by the Amendment) and other potential asset sales sufficient, after payments to creditors, to result in any distribution to the stockholders of the Company.

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the complete text of the Amendment, which is filed as Exhibit 99.1 hereto and is incorporated herein by reference.