Arctic Cat Declares Quarterly Cash Dividend

THIEF RIVER FALLS, Minn.--Arctic Cat Inc. today announced that its board of directors has declared a regular quarterly cash dividend of 7 cents per share of common and class B common stock. The dividend is payable on or about December 1, 2006, to shareholders of record as of the close of business on November 10, 2006.

Arctic Cat currently has approximately 19.3 million shares outstanding. The company has paid a quarterly dividend since 1995.

Arctic Cat Inc. designs, engineers, manufactures and markets all-terrain vehicles (ATVs) and snowmobiles under the Arctic Cat® brand name, as well as related parts, garments and accessories. Its common stock is traded on the Nasdaq National Market under the ticker symbol “ACAT.” More information about Arctic Cat and its products is available on the Internet at www.arcticcat.com.