Winnebago Industries, Inc., headquartered in Forest City, Iowa, is a leading United States manufacturer of motor homes, self-contained recreation vehicles used primarily in leisure travel and outdoor recreation activities. Motor home sales by Winnebago Industries represented more than 87 percent of its revenues in each of the past five years.   These vehicles are sold through dealer organizations primarily under the WinnebagoŽ, ItascaŽ, VectraŽ, RialtaŽ, and UltimateŽ; brand names.


      The Company builds quality motor homes with state-of-the-art computer-aided design and manufacturing systems on automotive-styled assembly lines. The Company's products are subjected to what the Company believes is the most rigorous testing in the RV industry. These vehicles are sold through dealer organizations primarily under the WinnebagoŽ, ItascaŽ, RialtaŽ, and UltimateŽ brand names. The Company markets its recreation vehicles on a wholesale basis to a broadly diversified dealer organization located throughout the U.S., and to a limited extent, in Canada. As of August 31, 2002, the motor home dealer organization in the United States and Canada included approximately 295 dealer locations. Motor home sales by Winnebago Industries represented at least 89 percent of its revenues in each of the past five fiscal years. In addition, the Company's subsidiary, Winnebago Acceptance Corporation, engages in floor plan financing for a limited number of the Company's dealers. Other products manufactured by the Company consist principally of a variety of component parts for other manufacturers.

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