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Polaris & KTM to continue strategic partnership as independent Companies

7-29-2006

by Flagworld


About Polaris
With annual 2005 sales of $1.9 billion, Polaris designs, engineers, manufactures and markets snowmobiles, all-terrain vehicles (ATVs), Victory motorcycles  and the Polaris RANGER for recreational and utility use.

Polaris is a recognized leader in the snowmobile industry; and one of the largest manufacturers of ATVs in the world. Victory motorcycles, established  in 1998 and representing the first all-new American-made motorcycle from a major company in nearly 60 years, are rapidly making impressive in-roads into  the motorcycle cruiser marketplace. Polaris also enhances the riding experience with a complete line of Pure Polaris apparel, accessories and  parts, available at Polaris dealerships.    

Polaris Industries Inc. trades on the New York Stock Exchange and Pacific Stock Exchange under the symbol "PII," and the Company is included in the S&P  Small-Cap 600 stock price index.   

Information about the complete line of Polaris products, apparel and  vehicle accessories is available from authorized Polaris dealers or anytime from the Polaris homepage at www.polarisindustries.com.

About KTM
KTM Power Sports AG designs, engineers, manufactures and markets off-road and on-road motorcycles and related parts, garments and accessories with annual sales of 451.2 million Euros in 2005. The product portfolio consists of  over 23 different off-road and on-road motorcycles ranging in engine size from 50cc to 990cc.

KTM is best known for its racing heritage. KTM has won 120 World Championship Titles, 14 in 2005 alone. The Company employs approximately 1,600  employees and assembles its engines and motorcycles in Mattighofen, Austria. Additionally, the Company manufactures exhaust systems, frames, shocks and  spoke wheels. KTM sells its motorcycles through a network of over 1400 independent dealers and approximately 50 distributors worldwide with  Europe being its strongest market. Information about the complete line of KTM  products, apparel and vehicle accessories is available from authorized KTM dealers or from the KTM homepage at www.ktm.com.    

Except for historical information contained herein, the matters set forth in this news release are forward-looking statements that involve certain risks  and uncertainties that could cause actual results to differ materially from those forward-looking statements. Potential risks and uncertainties include  such factors as product offerings, promotional activities and pricing  strategies by competitors; warranty expenses; foreign currency exchange rate fluctuations; effects of  the KTM relationship; environmental and product safety regulatory activity; effects of weather; commodity costs; uninsured product liability claims; and  overall economic conditions, including inflation and consumer confidence and spending. Investors are also directed to consider other risks and uncertainties discussed in documents filed by the Company with  the Securities and Exchange Commission.

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