Cover Company Profile Financial Summary Letter to Shareholders Recreational Vehicles Review   Past   Present     Clear Product Success     Motor Home     Travel Trailer     Folding Trailer     Placement, Price, And Promotion   Future Manufactured Housing Review   Past   Present     Growing Market Share     Effective Operating Strategies     Focus On Financing     Outside Our Traditional Market   Future Fleetwood Products Ten-Year Summary of Selected Financial Data Five-Year History of Selected Segment Data Management's Discussion and Analysis Independent Report Consolidated Statements of Operations Consolidated Balance Sheets Consolidated Statements of Cash Flows Consolidated Statements of Changes... Notes to Consolidated Financial Statements Directors Officers Shareholder Information

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES SUPPLEMENTAL FINANCIAL INFORMATION INDUSTRY SEGMENT INFORMATION OTHER, NET MARKETABLE INVESTMENTS INCOME TAXES PROPERTY, PLANT AND EQUIPMENT, NET GOODWILL RETIREMENT AND DEFERRED COMPENSATION PLANS POST-RETIREMENT HEALTH CARE BENEFITS RETAIL FLOORING LIABILITY OTHER SHORT-TERM BORROWINGS LONG-TERM DEBT CONVERTIBLE SUBORDINATED DEBENTURES FAIR VALUE OF FINANCIAL INSTRUMENTS COMMITMENTS AND CONTINGENCIES LEASES STOCK-BASED INCENTIVE COMPENSATION PLANS STOCKHOLDER RIGHTS PLAN RESULTS BY QUARTER (UNAUDITED)