Fleetwood Enterprises Annual Report 2001

Shareholder
Information

Price Range and Quarterly Closing Price of Common Stock*

*Dividends Paid:*
Q1-2000 $.18 Q2-2000 $.19 Q3-2000 $.19 Q4-2000 $.19	Q1-2001 $.19 Q2-2001 $.19 Q3-2001 $.19 Q4-2001 $.04

*Common stock is listed on the New York and the Pacific stock exchanges and traded on various regional exchanges (Ticker Symbol: FLE). Call options are traded on the American Stock Exchange.

Dividend Payments

Cash dividends on Fleetwood Common stock have been paid for 36 consecutive years since the Company went public in 1965. Dividends are ordinarily paid in February, May, August and November.

The declaration and payment of dividends on Fleetwood Common stock is at the discretion of the Fleetwood Board and depends on Fleetwood's results of operations, financial condition, capital requirements and such other factors as the Fleetwood Board deems relevant. At the December 2000 meeting, the Board, due to difficult operating circumstances, reduced the Common dividend to increase the Company's cash flow by almost $20 million on an annual basis.

Legal Counsel

Gibson, Dunn & Crutcher LLP
Irvine, California

Independent Accountants

Arthur Andersen LLP
Orange County, California

Return to Top

Shareholder Inquiries

Inquiries from shareholders and securities analysts should be directed to Kathy M. Snyder, Director of Investor Relations, (909) 351-3650, Lyle Larkin, Vice President and Treasurer, (909) 351-3535, or Boyd Plowman, Chief Financial Officer, (909) 351-3340.

Annual Meeting

The annual meeting of shareholders will be held at Fleetwood's corporate offices, 3050 Myers Street, Riverside, California at 9 a.m. on Tuesday, September 11, 2001.

Transfer Agent and Registrar

EquiServe
P.O. Box 43010
Providence, RI 02940-3010
(800) 733-5001

Corporate Address

3125 Myers Street
PO Box 7638 (92513-7638)
Riverside, CA 92503
(909) 351-3500
Internet: www.fleetwood.com

Special Note Regarding Forward-Looking Statements

Statements used in this report and in the incorporated Form 10-K, including the sections entitled “Business Outlook” and “Risk Factors,” that relate to future plans, events, financial results or performance are forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs of the Company’s management as well as assumptions made by it, and information currently available to it. These forward-looking statements are subject to certain risks and uncertainties, including the factors listed under “Risk Factors,” as well as elsewhere in this report and in other SEC filings. These risk factors include, without limitation, continued weakness in the manufactured housing and the recreational vehicle markets, the Company’s ability to secure additional financing on favorable terms and in a timely manner, the availability of wholesale and retail financing in the future and changes in retail inventory levels in the manufactured housing and recreational vehicle industries. Actual results, events or performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to release publicly the results of any revisions to these forward-looking statements that may arise from changing circumstances or unanticipated events.

“I'm bringing it all together.”
Throughout this report, you have been introduced to people behind some of Fleetwood’s most important initiatives. Few of these initiatives could be implemented without the use of information technology.
Todd L. Inlander Vice President and Chief Information Officer	Todd Inlander’s title is chief information officer, but along with guiding and implementing the Company’s information technology (IT) strategy, his focus is on improving business processes. Todd was hired in August 2000 after having previously served as an IT consultant for Fleetwood and others, and as an engineer with NASA and General Dynamics. While exploring the ‘hows’ of applying technology, Todd and his group examine the ‘whys’ of our procedures, often recommending modifications that result in substantial improvements. “It’s not just about taking our processes and automating them, it’s also about reassessing the processes themselves,” Todd says. Todd’s primary focus is on the most important elements of our business: our customers and our products. He has quickly set to work on implementing our Customer Relationship Management tools and Demand Planning software. These have brought together people from throughout the manufacturing, sales, customer service, product planning, marketing, purchasing and warranty service areas to share ideas and strategies. Now, these coordinated efforts have led to innovations that are addressing customers’ needs today and for the future.
“We’re unlocking opportunities to make processes better,” Todd says. “I’m excited about the attitude toward innovation and the willingness to change that exists at Fleetwood.” (return to shareholder message section)


<<Previous (Ten-Year Financial Summary)	Return to Top	Next>> (SEC Form 10-K)