American Stock Exchange Lists Common Stock of Cavalier Homes, Inc. NEW YORK, March 5 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today listed the common stock of Cavalier Homes, Inc. under the ticker symbol CAV. Cavalier Homes, Inc. and its subsidiaries produce, sell, and finance a wide range of manufactured homes, serving primarily markets in the South Central and South Atlantic regions of the United States. Currently, more than 85% of the homes manufactured by the Company at its seven plants are multi-sectional, involving more than one floor, which undergo final assembly on site. For its distribution system, Cavalier has chosen to build a network of independent dealers, including independent exclusive dealers, which the Companybelieves gives it many of the same efficiencies and market presence that captive retail centers provide to other companies. Cavalier Homes is headquartered in Addison, Alabama. "We are pleased to welcome Cavalier Homes to the American Stock Exchange,"said John McGonegal, senior vice president of the Amex Equities Group. "We look forward to working with Cavalier Homes to build long-term shareholder value and strengthened relationships with the investment community." Commenting on Cavalier Homes move to the Amex, David Roberson, President and Chief Executive Officer said, "We are pleased to announce our listing with the American Stock Exchange and see it as an attractive step to help ensure that our stockholders continue to benefit from an efficient and liquid market for our common stock." The specialist in Cavalier Homes, Inc. will be J.Streicher & Co. For further information on CAV and other Amex-listed companies, please visit http://www.amex.com/. The American Stock Exchange(R) (Amex(R))is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer ofthe ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 138 ETFs. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sectorindexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/. DATASOURCE: The American Stock Exchange CONTACT: Media - Jeanette Volpi, Amex, +1-212-306-1650, Web site: http://www.amex.com/

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