AUBURN HILLS, Mich., April 5 /PRNewswire-FirstCall/ -- Champion
Enterprises, Inc. (NYSE: CHB), a leader in the factory-built housing industry,
today announced that it has completed six separate transactions resulting in
the divestiture of 22 sales centers in the Carolinas, Virginia, Texas and
Louisiana for cash of approximately $20 million.  An estimated $10 million of
these proceeds were used to pay down related floor plan obligations.
Remaining floor plan debt now totals less than $2 million.  The company will
record no significant gain or loss from these transactions.  In all but six
locations, which were home centers located in communities, long-term
distribution agreements were entered into with the buyers.  Additional details
were not disclosed.
    Champion's President and Chief Executive Officer, William C. Griffiths,
commented,  "These sales are another milestone in our previously announced
plan to completely exit our traditional retail operations, now consisting of
20 sales centers in ten states.  Within the next six months we expect to
divest these remaining locations with no material impact on results and while
generating an estimated $17 million in cash."

    About Champion
    Champion Enterprises, Inc., headquartered in Auburn Hills, Michigan, is
one of the industry's leading manufacturers and has produced over 1.6 million
homes since the company was founded.  Champion operates 29 homebuilding
facilities in 14 states and two Canadian provinces and 18 non-traditional
retail locations in California.  Independent retailers, including

    Forward looking statements
reference.