Related Party Transactions and Outside Related Director Information

Fleetwood Enterprises, Inc. (FLE)

8/12/2005 Proxy Information

No related party transactions or special relationships reported for this company. Director relationships marked "Outside Related" at this firm will most often be former executives of the company. Additional information regarding these relationships will be added during our regular updates.

8/12/2004 Proxy Information

During fiscal 2004 there were no transactions involving the Company and its officers and directors directly, other than those of employer and employee. No director or nominee for director, other than the elections to office, and no executive officer or associate of the Company has any substantial interest, direct or indirect, by security holdings or otherwise, in any matter to be acted upon at the Annual Meeting.

8/12/2003 Proxy Information

On July 31, 1997, the Compensation Committee of the Board of Directors authorized Fleetwood to enter into an agreement with the trustee of a trust created by Glenn F. Kummer for the benefit of members of his family (the "Kummer Trust"), providing for the purchase by Fleetwood for the Kummer Trust of a split-dollar life insurance policy on the life of Mr. Kummer, payable to the Kummer Trust. During fiscal 2001, Fleetwood paid the final premium on the policy. The trustee of the Kummer Trust has contributed a portion of each annual premium, which reduced Fleetwood's premium each year, and assigned certain rights under the policies, including the right to receive the cash surrender value thereof, to Fleetwood to secure repayment of all the premium payments made by Fleetwood. Fleetwood will recover all of its insurance premium payments from the death benefit under the policy or earlier from the Kummer Trust. Since the increases in the cash surrender value of the policy assigned to secure premium repayments were applied for accounting purposes to offset the premium expense incurred by Fleetwood, the cost of such payments did not have any material effect on Fleetwood's consolidated financial statements.

Morgan Drive Away, Inc., of which Paul D. Borghesani was a director, performed services for Fleetwood in connection with the transportation of manufactured homes and recreational vehicles to retailer and customer sites during the past fiscal year. Mr. Borghesani is Chairman of Fleetwood's Compensation Committee. During the fiscal year ended on April 27, 2003, the total amount paid by the Company to Morgan Drive Away, Inc. for such services was $4,904,000. In the opinion of the Company, such services were competitive with other suppliers with respect to price and quality of performance.