Wellco Enterprises, Inc. Announces Expected Net Loss for the Fiscal Quarter Ended October 1, 2005

Wellco Enterprises, Inc. (AMEX: WLC) today announced
that its production of boots under contract with the U. S. Department
of Defense during the quarter ended October 1, 2005, the first quarter
of fiscal year 2006, was 63% less than the first quarter of fiscal
year 2005.
   This decrease was caused by two situations.
   In early August 2005 the sole supplier of a major boot component
had a quality problem that was not resolved until late September. This
supplier's quality problem severely limited the supply of this
component material. The limited supply of this sole source component
material reduced the Company's production and also caused
manufacturing inefficiencies.
   In addition, the quantity of total boots under Defense Department
orders against which the Company was producing during the quarter
ended October 1, 2005 was lower than prior periods.
   The Company has now received new delivery orders for a total of
280,000 pairs of boots. These orders have required delivery dates from
November 2005 through June 2006.
   Because of these situations, the Company expects to report a net
loss for the quarter ending October 1, 2005 of between $600,000 and
$700,000, or approximately $.50 per share. For the prior year quarter
ended October 2, 2004, the Company had net income of $397,000 (basic
earnings per share-$.32; diluted earnings per share-$.31). The Company
will announce operating results for the quarter ended October 1, 2005
not later than November 16, 2005.

   CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING INFORMATION

   Statements throughout this report that are not historical facts
are forward-looking statements.
   These statements are based on current expectations and beliefs,
and involve numerous risks and uncertainties. Many factors could
affect the Company's actual results, causing results to differ
materially from those expressed in any such forward-looking
information.
   These factors include, but are not limited to, the receipt of
contracts from the U. S. government and the performance thereunder;
the ability to control costs under fixed price contracts; the
cancellation of contracts; and other risks detailed from time to time
in the Company's Securities and Exchange Commission filings, including
Form 10-K for the year ended July 2, 2005. Those statements include,
but may not be limited to, all statements regarding intent, beliefs,
expectations, projections, forecasts, and plans of the Company and its
management. Actual results may differ materially from management
expectations. The Company assumes no obligation to update any
forward-looking statements.