Polaris Industries Inc. to Present at the Raymond James Midwest Mini-Conference

MINNEAPOLIS--Aug. 2, 20030, 2003--Polaris Industries Inc. announced today that it will present at the Raymond James Midwest Mini-Conference at The Glen Club in Glenview, Illinois on Thursday, August 21, 2003 at 9:20 a.m. EDT. Mr. Mike Malone, Chief Financial Officer, will provide a brief review of the Company's past performance as well as future growth prospects.

The presentation will not be available as a live audio broadcast, however, the slide presentation will be available at Polaris' Web site at www.polarisindustries.com by clicking on the "Investor Relations" link on the lower navigation bar of the home page and then selecting "Presentations" and will also be available as an exhibit to the Current Report on Form 8-K being filed with the SEC today.

About Polaris

Information about the complete line of Polaris products is available from authorized Polaris dealers or from the Polaris homepage at www.polarisindustries.com.

With annual 2002 sales of over $1.5 billion, Polaris designs, engineers, manufactures and markets snowmobiles, all-terrain vehicles, personal watercraft, Victory motorcycles and the Polaris RANGER for recreational and utility use. The Polaris Professional Series, a line of heavy duty Workmobiles(TM) targeted at lawn and landscape companies, equipment rental companies and construction operations, marks Polaris' expansion into the commercial equipment marketplace.

Polaris is the recognized leader in the snowmobile industry; one of the largest manufacturers of all terrain vehicles (ATVs) in the world; and a leading manufacturer of personal watercraft. Victory motorcycles, established in 1998, represent the first all-new American-made motorcycle in nearly 60 years, and are rapidly making impressive in-roads into the cruiser motorcycle marketplace. Polaris also enhances the riding experience with a complete line of Pure Polaris apparel, accessories and parts, available at Polaris dealerships. Consumers can also purchase apparel and vehicle accessories anytime at www.polarisindustries.com. 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.