Exhibit 99.1

ELKHART, INDIANA -— APRIL 3, 2009

SKYLINE REPORTS THIRD QUARTER AND NINE MONTHS RESULTS

Sales for Skyline’s fiscal 2009 third quarter were $24,386,000 compared to $57,314,000 for the third quarter of fiscal 2008. For the first nine months of fiscal 2009, sales were $134,193,000 versus $230,906,000 for fiscal 2008.

Skyline Corporation reported a net loss for the third quarter of fiscal 2009 of $4,825,000 compared to a net loss of $4,570,000 for the third quarter of fiscal 2008. On a per share basis, net loss for the quarter which ended February 28, 2009 was $.58 versus a net loss of $.54 for a year ago. For the first nine months of fiscal 2009, net loss was $13,069,000 compared to a net loss of $5,747,000 for a year ago. Net loss per share for the first nine months of fiscal 2009 was $1.56 versus a net loss per share of$.68 for the first nine months of fiscal 2008. Net loss per share for the three and nine months ending February 28, 2009 and February 29, 2008 includes a gain on the sale of idle property, plant and equipment of $.25 and $.05, respectively.

For Skyline’s manufactured housing group, sales for the third quarter of fiscal 2009 were $17,784,000 compared to $38,644,000 for the third quarter of fiscal 2008. For the first nine months of fiscal 2009, sales by the manufactured housing group were $101,352,000 versus the $169,355,000 recorded for the first nine months of fiscal 2008.

For the recreational vehicle (RV) group, sales amounted to $6,602,000 for fiscal 2009’s third quarter compared to $18,670,000 for the third quarter of fiscal 2008. For the first nine months of fiscal 2009, sales by the RV group were $32,841,000 versus $61,551,000 for the same period a year ago.

Skyline continues to maintain its traditionally strong balance sheet with no bank debt and a healthy position in cash and U.S. Treasury Bills. This financial strength, along with a seasoned management team, should help the corporation meet the challenges ahead.

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SKYLINE CORPORATION AND SUBSIDIARY COMPANIES
CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS

(Dollars in thousands, except share and per share data)

	Three Months Ended						Nine Months Ended
	(Unaudited)						(Unaudited)
	February 28,			February 29,			February 28,			February 29,
	2009			2008			2009			2008
Sales	$	24,386		$	57,314		$	134,193		$	230,906
Loss before income taxes		(7,565	)		(7,146	)		(20,662	)		(8,813	)
Benefit for income taxes		2,740			2,576			7,593			3,066
Net loss	$	(4,825	)	$	(4,570	)	$	(13,069	)	$	(5,747	)
Basic loss per share	$	(.58	) (A)	$	(.54	) (A)	$	(1.56	) (A)	$	(.68	) (A)
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 $.25 per share in 2009, and $.05 per share in 2008.

SKYLINE CORPORATION AND SUBSIDIARY COMPANIES
CONSOLIDATED CONDENSED BALANCE SHEETS

(Dollars in thousands)

	(Unaudited)
	February 28,			February 29,
	2009			2008
ASSETS
Cash and temporary investments	$	99,266		$	116,227
Accounts receivable		5,415			16,929
Inventories		8,254			10,642
Other current assets		20,327			13,970
Total Current Assets		133,262			157,768
Property, Plant and Equipment, net		30,855			32,876
Other Assets		10,835			10,491
Total Assets	$	174,952		$	201,135
LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable, trade	$	1,283		$	2,949
Accrued liabilities		16,139			20,919
Total Current Liabilities		17,422			23,868
Other Deferred Liabilities		8,912			9,730
Common stock		312			312
Additional paid-in capital		4,928			4,928
Retained earnings		209,122			228,041
Treasury stock, at cost		(65,744	)		(65,744	)
Total Shareholders’ Equity		148,618			167,537
Total Liabilities and Shareholders’ Equity	$	174,952		$	201,135