Exhibit 99.1

ELKHART, INDIANA -— JULY 25, 2008

SKYLINE REPORTS FOURTH QUARTER, YEAR-END RESULTS

Sales for the fourth quarter of Skyline Corporation’s 2008 fiscal year were $70,859,000 compared to $88,536,000 last year. Net earnings for the three-month period were $191,000 equal to $0.02 per share, compared to net earnings of $2,247,000, or $0.27 per share, for the same period a year ago.

Sales for fiscal 2008 were $301,765,000 compared to $365,473,000 of a year earlier. Net loss for fiscal 2008 was $5,556,000, or $0.66 per share, compared to net earnings of $2,593,000, or $0.31 per share, for fiscal 2007. Net loss per share for fiscal 2008 includes a gain on the sale of idle property, plant and equipment of $0.05.

Sales for Skyline’s manufactured housing group for fiscal 2008 were $214,794,000 compared to $272,383,000 of fiscal 2007. The group’s sales for the fiscal 2008 fourth quarter totaled $45,439,000 compared to $64,035,000 of the comparable period of fiscal 2007.

For Skyline’s RV group, sales for fiscal 2008 were $86,971,000 compared to $93,090,000 of fiscal 2007. The RV group’s sales for fiscal 2008’s fourth quarter were $25,420,000 compared to $24,501,000 of the fourth quarter of fiscal 2007.

Skyline continues to maintain its traditionally strong balance sheet with no debt and a healthy position in cash and temporary cash investments. This financial strength, along with a seasoned management team, should help the company meet the challenges ahead.

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SKYLINE CORPORATION AND SUBSIDIARY COMPANIES
CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS

(Dollars in thousands except share and per share data)

	Three Months Ended					Year Ended
	May 31,					May 31,
	2008			2007		2008			2007
	(Unaudited)			(Unaudited)
Sales	$	70,859		$	88,536	$	301,765		$	365,473
(Loss) earnings before income taxes		(325	)		2,866		(9,138	)		3,399
(Benefit) provision for income taxes		(516	)		619		(3,582	)		806
Net earnings (loss)	$	191		$	2,247	$	(5,556	)	$	2,593
Basic earnings (loss) per share	$	.02		$	.27	$	(.66)	(A)	$	.31
Number of weighted average common shares outstanding		8,391,244			8,391,244		8,391,244			8,391,244

(A) Includes an after-tax gain on sale of idle property, plant and equipment of $0.05 per share.

SKYLINE CORPORATION AND SUBSIDIARY COMPANIES
CONSOLIDATED CONDENSED BALANCE SHEETS

(Dollars in thousands)

	May 31,
	2008			2007
ASSETS
Cash and temporary cash investments	$	111,579		$	124,240
Accounts receivable		18,244			22,760
Inventories		10,150			10,561
Other current assets		14,234			11,381
Total Current Assets		154,207			168,942
Property, Plant and Equipment, net		32,535			35,806
Other Assets		10,257			10,192
Total Assets	$	196,999		$	214,940
LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable, trade	$	3,967		$	5,162
Accrued liabilities		17,646			21,952
Total Current Liabilities		21,613			27,114
Other Deferred Liabilities		9,168			10,011
Common stock		312			312
Additional paid-in capital		4,928			4,928
Retained earnings		226,722			238,319
Treasury stock, at cost		(65,744	)		(65,744	)
Total Shareholders’ Equity		166,218			177,815
Total Liabilities and Shareholders’ Equity	$	196,999		$	214,940