Harley-Davidson Clarifies Dividend Announcement

7 December 2000

Harley-Davidson Clarifies Dividend Announcement

    MILWAUKEE, Dec. 7 Harley-Davidson, Inc. issued
a correction to its 12/6/00 dividend announcement.  The cash dividend of
2.5 cents per share, payable December 29, 2000 to shareholders of record
December 18, 2000, is not an increase from its most recent cash dividend.
    Harley-Davidson, Inc. is the parent company for the group of companies
doing business as Harley-Davidson Motor Company, Buell Motorcycle Company and
Harley-Davidson Financial Services, Inc.  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.  Harley-Davidson Financial Services, Inc. provides
selected financial services to Harley-Davidson dealers and customers.