Polaris Schedules Second Quarter Earnings Release and Conference Call

MINNEAPOLIS--June 21, 2006--Polaris Industries Inc. announced today that it will release financial results for its second quarter 2006 the morning of Thursday, July 13, 2006.

The Company has scheduled a conference call to discuss its second quarter year 2006 financial results at 9:00 a.m. CT on the same day. Tom Tiller, CEO, and Mike Malone, Vice President Finance and CFO will host the conference call.

The conference call will be broadcast live over the Internet at www.polarisindustries.com (click on Our Company then Investor Relations). Those wishing to listen to the conference call by telephone may dial 800-374-6475 in the U.S. and Canada or 706-679-2596 Internationally.

A replay of the conference call will be available for one week beginning at 12:00 noon on July 13, ending on Thursday, July 20, 2006, and may be accessed by dialing 800-642-1687 in the U.S. and Canada or 706-645-9291 Internationally. The Conference I.D. for the replay is 1790160.

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.