Harman Joins S&P 500 - Executives Sell Shares

WASHINGTON--Feb. 1, 2006--Harman International Industries, Incorporated announced that its inclusion in the Standard & Poor's 500 generated extraordinary demand by index funds and others for shares of Harman common stock. In response, certain senior Harman executives sold approximately 2.1 million shares.

Executive Chairman Sidney Harman and family entities sold 1,000,000 shares. Following the sale, his combined beneficial ownership of the Company is approximately 3,500,000 shares. CEO Bernard Girod exercised options for and sold approximately 900,000 shares. He now owns, or holds options to purchase, approximately 450,000 shares. Executive Vice President and Chief Technology Officer Erich Geiger sold approximately 150,000 shares. He now holds options to purchase approximately 300,000 shares.

Mr. Girod's share sale is prelude to his retirement on December 31, 2006. As previously announced, Harman's Board of Directors is conducting a search for a successor to Mr. Girod as Chief Executive Officer and it expects that process to be completed in the coming months. Mr. Girod will continue as Chief Executive Officer until his successor is identified and an orderly transition is completed. Mr. Girod will continue as a Director of the Company.

Harman International Industries, Incorporated (www.harman.com) is a leading manufacturer of high-quality, high-fidelity audio products and electronic systems for the automotive, consumer and professional markets. The Company's stock is traded on the New York Stock Exchange under the Symbol: HAR.