Riverside, CA (2/2/2012) - Polaris 
                                    comes into the 2012 race season with teams 
                                    competing in the Grand National Cross Country 
                                    series (GNCC), World Off-Road Championship 
                                    series (WORCS), Best in the Desert (BITD) 
                                    and Mud racing. Polaris also will continue 
                                    to offer their ATV racing contingency program 
                                    and has added a Side-by-Side contingency for 
                                    the BITD series. 
                                  "Polaris is excited for another year 
                                    of ATV and Side-by-Side Racing," said 
                                    Donna Beadle, race team manager for Polaris' 
                                    Off-Road Division. "We had a great 2011 
                                    winning several championships and we expect 
                                    2012 to be another successful year." 
                                  
                                   National Guard/Polaris/Coastal 
                                    Racing 
                                    Polaris will continue to support National 
                                    Guard/Polaris/Coastal racing for 2012. William 
                                    Yokley took the GNCC and WORCS championships 
                                    in his National Guard RANGER RZR XP 900 and 
                                    will look to four-peat in the GNCC series 
                                    this year. Yokley's teammate, Scott Kiger 
                                    finished third in the GNCC "Open Modified" 
                                    class in his RZR XP and is back for 2012.
                                  Rath Racing 
                                    Rath Racing is back for a third year to race 
                                    the RZR XP in GNCC. Daryl Rath continues to 
                                    dial in his RZR XP and will race the "Open 
                                    Modified" Side-by-Side class.
                                  Team Hendershot 
                                    
                                    Polaris has added Team Hendershot to their 
                                    GNCC race team for 2012. Team Hendershot finished 
                                    second overall in their RZR XP in the GNCC 
                                    "Open Modified" class behind William 
                                    Yokley. They will race the RZR XP for 2012.
                                  Jagged X 
                                    Jagged X is back for 2012 for a run at the 
                                    Best in the Desert championship, racing the 
                                    familiar No.1919, with a newly built RZR XP 
                                    4. Brandon Schueler, Chad Riccio, Blake Van 
                                    de Loo and Mike West look to recapture the 
                                    championship for 2012. Jagged X also has signed 
                                    2011 BITD Champion, Matt Parks to run with 
                                    the team this year in a second RZR XP 4. Both 
                                    new RZR's will be revealed at the Mint 400, 
                                    in March. Parks started the 2012 BITD series 
                                    out on a high note winning the "Pro UTV 
                                    class," at the Parker 250, in January.
                                  Walker Evans 
                                    RJ Anderson will switch gears this year and 
                                    race the WORCS series with his new Walker 
                                    Evans RZR XP. Anderson raced a few WORC races 
                                    in 2011 and ended up winning the final race 
                                    of the season in the "SxS 1" class. 
                                    He looks to capture the championship for 2012.
                                  High Lifter 
                                    Team High Lifter-Polaris Racing will be muddin' 
                                    on Polaris' once again for 2012. Racers include 
                                    Brian Haughton, Josh Monroe and Adam Schumaker 
                                    and will race the Sportsman XP 850, Sportsman 
                                    550, RANGER XPs and RANGER RZRs.
                                  Polaris Contingency 
                                    
                                    Polaris also will continue to offer an ATV 
                                    race contingency program, in three ATV racing 
                                    series, GNCC, WORCS and the Heartland Challenge, 
                                    and has added a side-by-side contingency in 
                                    the Best in the Desert Series. The total purse 
                                    is more than $85,000. Racers must race 2008 
                                    or newer Sportsman XP 850 or Sportsman 550 
                                    ATVs for the ATV contingency and must run 
                                    the Pro 1 class in a RANGER RZR product in 
                                    Best in the Desert. More information and complete 
                                    rules about Polaris' racing contingencies 
                                    can be found at www.polarisfactoryracing.com.
                                  About Polaris 
                                     
                                    With annual 2009 sales of $1.6 billion, Polaris 
                                    designs, engineers, manufactures and markets 
                                    off-road vehicles (ORVs), including all-terrain 
                                    vehicles (ATVs) and the Polaris RANGER(r), 
                                    snowmobiles and Victory Motorcycles(r) for 
                                    recreational and utility use. Polaris is a 
                                    recognized leader in the snowmobile industry, 
                                    and one of the largest manufacturers of ORVs 
                                    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 cruiser and touring motorcycle 
                                    marketplace. Polaris also enhances the riding 
                                    experience with a complete line of Pure Polaris(r) 
                                    apparel, accessories and parts, available 
                                    at Polaris dealerships. 
                                  Polaris Industries Inc. 
                                    trades on the New York 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.