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Malibu Boats, Inc., announces secondary public offering

By Malibu Boats

Malibu Boats, Inc., (Nasdaq:MBUU) ("Malibu Boats" or the "Company"), a leading designer, manufacturer and marketer of performance sport boats, today announced that, subject to market and other conditions, certain selling stockholders of the Company (the "Selling Stockholders") intend to offer 3,475,005 shares of the Company's Class A Common Stock.

The Selling Stockholders intend to grant the underwriters an option for a period of 30 days to purchase up to an additional 521,250 shares of Class A Common Stock to cover over-allotments. If exercised, all additional shares will be offered at the public offering price per share of Class A Common Stock in this offering.

The Company will not sell any shares of Class A Common Stock in the offering and will not receive any of the net proceeds from this offering.

Raymond James, Wells Fargo Securities and SunTrust Robinson Humphrey are acting as joint book-running managers for the offering.

A shelf registration statement relating to the Company's Class A Common Stock was previously filed by the Company with the Securities and Exchange Commission (the "SEC") (as amended, the "Registration Statement") and has been declared effective.

This offering may only be made by means of a prospectus supplement and accompanying prospectus. A copy of the preliminary prospectus supplement and accompanying prospectus relating to the offering may be obtained by contacting: Raymond James, Attention: Equity Syndicate, 880 Carillon Parkway, St. Petersburg, FL 33716, telephone: (800) 248-8863 or via email at prospectus@raymondjames.com, Wells Fargo Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York, New York 10152, telephone: (800) 326-5897 or via email at cmclientsupport@wellsfargo.com or SunTrust Robinson Humphrey, Attention: Prospectus Department, 3333 Peachtree Road, 11th Floor, Atlanta, Georgia 30326, telephone: (404) 926-5744, or via email at strh.prospectus@suntrust.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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