Polaris Grants More Than $260,000 to ATV Clubs
National, State and Local ATV Clubs & Organizations to Benefit

MINNEAPOLIS, April 24, 2006 – Polaris Industries is proud to announce the first round of ‘T.R.A.I.L.S.’ grant recipients, with grants totaling $269,267. Polaris issued grants to 34 organizations in 20 states.

The first of its kind in the ATV industry, the ‘T.R.A.I.L.S.’ grant program was launched in January for ATV clubs, associations and grassroots groups. ATV riders and the trails they use are the lifeblood of the sport and Polaris aimed to create a program to help. The T.R.A.I.L.S. program makes funds available to national, state and local organizations in the United States to ensure the future of ATV riding.

T.R.A.I.L.S. stands for:

T = Trail Development
R = Responsible Riding
A = Access
I = Initiatives
L = Lobbying
S = Safety

The grant program encompasses two main objectives – promoting safe and responsible riding, and preserving access. Funds can be used by organizations for trail development and maintenance projects, safety and education initiatives, lobbying and other projects to increase and maintain land access.

“Trail access is our number one challenge in the industry,” said Bennett Morgan, president and chief operating officer of Polaris. “As a manufacturer, we’re taking the lead and responsibility by doing something about it.”

The grants ranged from $2,000 to the maximum $10,000 and will be applied toward projects including safety and education, trail mapping and marking, OHV park and forest service enhancement and trail development, youth safety events and lobbying efforts.

The first T.R.A.I.L.S. grant recipients are as follows:

Local Organizations

North Alabama Trail Riders Association
Cheaha Trail Riders (Alabama)
Moto-Trax (Arizona)
Thunder Mountain Wheelers ATV Club (Colorado)
New England Trail Rider Association (Connecticut)
Harlan County Ridge Runners ATV Club Inc. (Kentucky)
Western Massachusetts ATV Association
Topsham Trail Riders ATV/Snowmobile Club (Maine)
Drummond Island Off-Road Club (Michigan)
Manistee County ATV Association (Michigan)
Ranger Snowmobile/ATV Club (Minnesota)
City of Shakopee (Minnesota)
Blind Lake ATV (Minnesota)
Flat Rock Riders Club (Nebraska)
Oswego County ATV Club Inc. (New York)
Upstate ATV Association Inc. (New York)
Snow Shoe Rails to Trails Association (Pennsylvania)
Indian Creek Valley ATV Club Inc. (Pennsylvania)
Greater Johnstown/Cambria County Foundation (Pennsylvania)
Cle Elum Ranger District, Wenatchee Ntl. Forest (Washington)
Tri-County Trailblazers ATV Club (Wisconsin)
Dusty Trails ATV Club of Oconto County, Inc. (Wisconsin)

State Organizations

AZ Off-Highway Vehicle Coalition
Friends of Florida State Forests, Inc.
ATV Association of Minnesota (ATVAM)
Nebraska Off Highway Vehicle Association
North Carolina Motorcycle Dealers Association
Ohio Multi-Use Trails Association
Utah/Arizona ATV Club
Vermont ATV Sportsman’s Association Inc.
Wisconsin ATV Association (WATVA/NOHVIS)
National Organizations
Blue Ribbon Coalition
Tread Lightly!
NOHVCC (National Off Highway Vehicle Conservation Council)

“We’re really pleased with the response from ATV clubs and organizations in this first round,” said Morgan. “We received an application from an ATV club in virtually every state. That’s phenomenal because together we grow the sport we love.”

For more information on the ‘T.R.A.I.L.S.’ grant program and an application form, visit the Polaris Web site at www.polarisindustries.com and click on “Riders,” then select “Right to Ride.”

Grant applications are reviewed three times per year -- in April, August and November, with corresponding submission deadlines of March 1, July 1 and October 1. Organizations may apply for a maximum of two grants per year and all organizations must have 501c3, 501c7 or non-profit organization status. Project funding from other sources is an important criteria in order to be considered for a T.R.A.I.L.S. grant.

http://www.pi54.com/ATV/PDFs/TRAILSGrantAppForm.pdf

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 http://www.polarisindustries.com.