(a) As of March 6, 2009, the Board of Directors of Champion Enterprises, Inc. (the "Company") approved the recommendation of the Compensation and Human Resources Committee (the "Committee") for the 2009 Short Term Incentive Plan ("STIP") under the Company's 2005 Equity Compensation and Incentive Plan (the "2005 Incentive Plan"). To encourage the Company to focus on maintaining the Company's liquidity, the 2009 STIP will fund 1 times target bonuses in the event the Company maintains compliance with the minimum liquidity and EBITDA requirements of the Company's Senior Credit Facility, or if the Senior Credit Facility is amended (and complied with) during the year, or if the debt is retired. The Company reserves the right to issue any portion of the earned awards in shares of the Company's stock.

(b) As of March 6, 2009, the Board also granted 2009 performance share awards under the 2005 Incentive Plan to named executive officers and other executives and key employees of the Company, as recommended by the Committee. The Board also approved the performance criterion and performance goals for the 2009 performance share awards. The performance criterion for these awards is Total Business Value. The 2009 performance share awards are earned based on the percentage increase in Total Business Value over the three-year performance period from 2009 to 2011. In addition, the employee must remain employed with the Company until the shares vest when 2011 earnings are finalized in early 2012.

(c) As of March 6, 2009, the Board also granted Retention Incentive Stock Option Awards under the 2005 Incentive Plan to executive officers and other key executives and employees of the Company, as recommended by the Committee. The following option grants to the named executive officers were made:

                 OFFICER                                 OPTIONS
                 William C. Griffiths (CEO):             200,000
                 Phyllis A. Knight (CFO):                100,000
                 Roger K. Scholten (SVP/GC):              85,000
                 Richard P. Hevelhorst (Controller):      57,500

For all employees receiving them, the stock options are exercisable at a price of $0.20 per share (the closing price on the New York Stock Exchange on March 6, 2009) and vest in whole on the 2nd anniversary of the date of grant. The stock options shall expire 7 years from the date of the grant. To vest, the employee must be employed on the vesting date. If an employee ceases employment with the Company during the 7-years following the grant date (but after the shares have vested), these stock options will expire 90 days after the employee ceases employment. However, in no event shall any stock option be exercisable less than 2 years or more than 7 years from the grant date. Any options that do not vest will be automatically forfeited and canceled.