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Monaco Coach Corporation Announces the Launch of Monaco Financial Services®

July 17, 2006 -- Monaco Coach Corporation (NYSE: MNC), one of the nation's leading manufacturers of recreational vehicles, announced today the launch of Monaco Financial Services (MFS). Monaco Financial Services was jointly designed by Monaco Coach Corporation, GE Capital Solutions, and GE Consumer Finance to deliver cost effective commercial financing to Monaco's dealers and a specialized retail financing program which offers competitive rates to consumers.

Monaco Financial Services will support all Monaco dealers and retail purchases of Monaco Coach's brands including Monaco, Holiday Rambler, Beaver, Safari, McKenzie and R-Vision. Program rollout will be immediate and available on a nationwide basis.

"We view this opportunity to leverage the resources of GE Capital Solutions and GE Consumer Finance as a major win for both our dealers and our retail motorhome and towable customers," said Kay Toolson, Chairman and CEO of Monaco Coach Corporation. "By offering retail buyers a competitive financing resource through Monaco Financial Services, and by presenting our dealers with an attractive combination of financial incentives, we believe Monaco has developed an unbeatable package for dealers in the RV marketplace.

"Monaco Financial Services in combination with our Franchise for the Future (FFTF) dealer initiative is a valuable tool that dealers can use to be more successful," Toolson added. "Our goal is to provide dealers with a variety of programs to help them focus every day on selling Monaco's product lines. In the meantime, we will continue to work hard to deliver the industry's highest quality, most innovative recreational vehicles."

Leonard Buchan, president of the RV unit for GE Capital Solutions, said: "GE has proven its flexibility and willingness to help Monaco grow its business over the years. With Monaco Financial Services, our integrated financing solutions will help Monaco sell more product to more dealerships by utilizing GE's ability to scale and administer to dealers with different needs."

"Monaco's commitment to further strengthen its dealer relationships through its FFTF program, and its vision in offering flexible consumer financing to attract more customers to the RV lifestyle will contribute to their growth," said Ed Arienti, president of RV/Marine for GE Consumer Finance's Retail Sales Finance unit. "We are extremely pleased to be selected to deliver a joint financing program that will provide outstanding benefits to Monaco's dealer body."

John Nepute, Monaco Coach President, said: "We are proud of the equity we have earned in our brands by providing the highest quality products and services in the industry, whether that is a recreational vehicle, a luxury RV resort or a MFS loan to a retail customer or our dealer partners."

Applied Structured Finance LLC acted as the exclusive financial advisor to Monaco Coach Corporation in connection with Monaco Financial Services.

About Monaco Coach

Monaco Coach Corporation is one of the nation's leading manufacturers of recreational vehicles. Headquartered in Coburg, Oregon, with manufacturing facilities in Indiana, Monaco Coach Corporation employs approximately 6,000 people. Monaco Coach offers entry-level priced towable RVs up to custom made luxury recreational vehicle models under the Monaco, Holiday Rambler, Safari, Beaver, McKenzie and R-Vision brand names. Monaco Coach Corporation trades on the New York Stock Exchange under the symbol "MNC" and the Company is included in the S&P Small-Cap 600 stock index. For additional information about Monaco Coach Corporation, please visit www.monaco-online.com or www.trail-lite.com.