<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>winnebago031949_ex99-1.txt
<DESCRIPTION>PRESS RELEASE
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                                                                    EXHIBIT 99.1


For further information:       Sheila Davis, PR/IR Manager
                               641-585-6803
                               sdavis@winnebagoind.com


                WINNEBAGO INDUSTRIES SELLS WAC RECEIVABLES ASSETS

FOREST CITY, IOWA, April 25, 2003 - Winnebago Industries, Inc. today announced
the sale of the majority of the company's dealer financing receivables in the
Winnebago Acceptance Corporation (WAC) to GE Commercial Distribution Finance
Corporation for approximately $34 million.
     Winnebago Industries' Chairman, CEO and President Bruce Hertzke said, "We
welcome GE Commercial Distribution Finance Corporation's continued commitment to
the RV industry. The sale of the WAC receivables will allow Winnebago
Industries' to focus on what we do best, the production of high quality motor
homes."
ABOUT WINNEBAGO INDUSTRIES
     Winnebago Industries, Inc. is the leading manufacturer of motor homes,
self-contained recreation vehicles used primarily in leisure travel and outdoor
recreation activities. The Company builds quality motor homes under the
Winnebago, Itasca, Rialta and Ultimate brand names with state-of-the-art
computer-aided design and manufacturing systems on automotive-styled assembly
lines. The Company's common stock is listed on the New York, Chicago and Pacific
Stock Exchanges and traded under the symbol WGO. Options for the Company's
common stock are traded on the Chicago Board Options Exchange. For access to
Winnebago Industries investor relations material, to add your name to an
automatic email list for Company news releases or for information on a
dollar-based stock investment service for the Company's stock, visit,
www.winnebagoind.com/investor_relations.htm.
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