---

Harley-Davidson, Inc. Declares Dividend

10 December 1998

Harley-Davidson, Inc. Declares Dividend

    MILWAUKEE, Wis., Dec. 9 -- Harley-Davidson, Inc.
announced today that its Board of Directors approved a quarterly cash dividend
of $0.04 per share, payable December 29, 1998 to shareholders of record
December 18, 1998. The company currently has 152.8 million shares of common
stock outstanding.
    Harley-Davidson Motor Company, the only major U.S.-based motorcycle
manufacturer, produces heavyweight motorcycles and offers a complete line of
motorcycle parts, accessories, apparel, and general merchandise. Buell
Motorcycle Company produces sport and sport-touring motorcycles. Eaglemark
Financial Services, Inc. provides wholesale and retail financing, insurance
and credit card programs to Harley-Davidson dealers and customers and similar
programs for other leisure products manufacturers.