Champion Names William C. Griffiths Chairman PR Newswire

New Directors Thomas Madden and David Weiss Add International, Homebuilding and Further Financial Expertise

AUBURN HILLS, Mich., March 9 /PRNewswire-FirstCall/ -- Champion Enterprises, Inc. (NYSE: CHB), a leader in factory-built construction, announced that it has added two new directors to its board, Thomas A. Madden and David S. Weiss. In addition, it has elected William C. Griffiths, Champion's president and chief executive officer, to the additional position of chairman of the board. In connection with this change Selwyn Isakow, the Company's previous non-executive chairman, will now serve as Lead Independent Director. Champion noted that it intends to add one more non-executive director to its board sometime in 2006.

Griffiths joined Champion Enterprises in August of 2004 as president and CEO. "Bill has led the Company through a major turnaround, transforming it into the largest modular homebuilder in the United States. Griffiths has guided the Company's return to profitability, closed or sold unprofitable operations, and developed a successful long-term strategy for future growth," said Selwyn Isakow.

The appointment of Messrs. Madden and Weiss adds further financial experience to the Board, as each has held chief financial officer positions at multi-billion dollar companies. In addition, the international experience of Mr. Madden and the homebuilding experience of Mr. Weiss will be valuable in the execution of Champion's growth strategy.

Madden is the retired executive vice president and chief financial officer of Ingram Micro Inc., the world's largest technology distributor. As CFO, Madden directed Ingram Micro's global financial operations, supervising the company's treasury, finance and accounting departments as well as serving in the Office of the Chairman to help determine corporate policies, strategies and growth initiatives. He currently serves on the board of directors of Mindspeed Technologies, Freightcar America and City of Hope cancer institute. Madden has been named to Champion's Audit and Financial Resources Committee.

Weiss worked in the homebuilding industry for a decade, beginning first in 1993 with Hanson Industries, and then Beazer Homes after its spin-off by Hanson. Weiss was executive vice president and chief financial officer of Beazer, one of the largest single-family homebuilders in the nation currently with $5 billion in revenues. He was a key contributor to Beazer's successful initial public offering and later developed its "Value Created" system for financial performance evaluation that is still used today. Weiss will sit on Champion's Compensation and Human Resources Committee.

"I would like to thank Selwyn for his service as Board Chairman and I look forward to working with him closely in the future," said William Griffiths, chairman, president and CEO of Champion Enterprises, Inc. "I also want to welcome Tom and Dave, who will be valuable additions to the board."

About Champion

Champion Enterprises, headquartered in Auburn Hills, Mich., a leader in factory-built construction, has produced more than 1.6 million homes through its family of homebuilders since 1953. Today, Champion operates 32 manufacturing facilities in North America and partners with nearly 3,000 independent retailers, builders and developers. For more information, please visit http://www.championhomes.net .

SOURCE Champion Enterprises, Inc. Web Site: http://www.championhomes.net

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2 BedRoom Florida Escape

Manufactured Home - Near Ocala in Central Florida Offered by Lake Weir Homes Listed by Dan Freeman

Photos
CLICK TO ENLARGE

Front View

Fully Renovated Kitchen

Taped and Textured Thru Out

Master BedRm - Floor to Celing Bay Window

Rear View - The great bay from outside

Address of Home: 12602 SE 143RD CT
City: Ocklawaha
State: Florida
Zip: 32179
Community or
Sub-Division: Sub-Division
BedRms 2
Baths 1
Builder: Liberty
Year: 1984
Size (width x lenght): 14 X 60

HomeSite
You Own

The Home & Lot
Status: Active
Lot Size: .25 Acre
Exterior Color: Tan and Brown
Annual Property Tax: $535.00
Price: $63,900.00

Great 2 BedRoom includes this lot on tree lined, country street, in Florida's fast growing Marion County. 5 miles to Ocala. 8 miles to Belleview. 9 miles to the Villages and Lady Lake. 17 miles to Downtown Leesburg.

The area boasts of great fishing, swimming boating and skiing lakes. This home is one block from Lake Weir, the largest recreational lake in the county. 5 miles to the Ocala National Forest

Great master bed room that features a beautiful floor to ceiling bay window. At the front door is a 12 foot sun deck addition. Just out the back door an add-on shed, fully equipped for your washer and dryer.

This home has just been fully renovated, ALL NEW SHEETROCK with tape and textured walls thru out. Brand new carpet, kitchen and bath floor coverings, new window blinds and lighting fixtures thru out.

PLUS Like New: Stove, fridge, hot water heater, central air, roof, ALL warranted by seller.

Seller is willing to consider owner financing with as little as $5000 down and payments of about $525 per month. (plus taxes and insurance)

When you come to see this one be prepared to fall in love.

Home Features
Patio/Deck
Eat-in Kitchen
Electric Range
Frost Free Fridge
Fiberglass Tub/Shower
Plywood Floors
Vaulted Ceilings
Ceiling Fan
Central Air
Cable TV
High Speed Internet
Bay Window
Skirting
Landscaping

Community or
Neighborhood Features
Country Location
Close to Shopping
Close to Golf Course
Close to Tennis Courts
Close to Bike Paths
Close to Boating

View a map of the area
Financing for This Home
Free Insurance Quote

CONTACT SELLER

Listed by Dan Freeman
Company Name: Lake Weir Homes
Day Phone: 888 304 2333
Evening Phone: 352 288 2328
Fax: 352 288 9108
Homepage: http://florida.mobilehome.com
Address: PO Box 61
City: Candler
State: FL
Zip: 32111
Email: free@xpr.com

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