
                 Exhibit 99.1

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FOR IMMEDIATE RELEASE
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Date:    July 21,  2003                                           DREW
- -----------------------------------------------          INDUSTRIES INCORPORATED
Contact: Leigh J. Abrams, President and CEO
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Phone:   (914) 428-9098 Fax:     (914) 428-4581
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E Mail:  Drew@drewindustries.com
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                           Drew Industries Announces

                         Second-Quarter Results Webcast

WHITE PLAINS, NY, July 21, 2003 -- Drew Industries Incorporated (AMEX: DW), a
White Plains, NY-based manufacturer of components for the recreational vehicle
and manufactured housing industries, will hold a conference call to discuss 2003
second-quarter results on Thursday, July 24, 2003, at 11:00 a.m. Eastern Time.

This call is being webcast live and can be accessed at Drew's Web site at
www.drewindustries.com.

Participating in the conference call will be:

Leigh Abrams, President and CEO, Drew Industries
Fred Zinn, Executive VP and CFO, Drew Industries
David Webster, President, CEO and Chairman, Kinro, Inc.
Doug Lippert, Chairman, Lippert Components, Inc.

The webcast is also being distributed over CCBN's Investor Distribution Network
to both institutional and individual investors. Individual investors can listen
to the call through CCBN's individual investor center at
www.companyboardroom.com or by visiting any of the investor sites in CCBN's
Individual Investor Network. Institutional investors can access the call via the
password-protected event management site, StreetEvents (www.streetevents.com).

About Drew Industries

Drew (www.drewindustries.com), through its wholly owned subsidiaries Kinro and
Lippert Components, supplies a broad array of components for recreational
vehicles and manufactured homes. Drew's products include windows, doors,
chassis, chassis parts and slide-out systems for recreational vehicles, and
windows and screens, chassis, and bath and shower units for manufactured homes.

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