Minneapolis, MN (8/21/2012) 
                                  -  As part of its annual summer sales 
                                  meeting and its presence at the Sturgis(r) Motorcycle 
                                  Rally, Polaris Industries Inc. (NYSE: PII), 
                                  Victory Motorcycles and the Company's dealers 
                                  donated $154,125 to the Wounded Warrior Project(tm) 
                                  (WWP). The donation was part of Polaris' continuing 
                                  relationship with the WWP, an organization that 
                                  raises awareness and aids injured servicemen 
                                  and women. Earlier this year, Polaris also gave 
                                  away three special, blacked-out RANGER RZR XP 
                                  4 900 Side-by-Side vehicles to WWP veterans. 
                                  
"Our relationship with the Wounded Warrior 
                                    Project allows Polaris and our dealers to 
                                    support the men and women who selflessly sacrifice 
                                    for our nation through their military service," 
                                    said Scott Wine, Polaris Industries CEO. "We 
                                    consider it an honor and a privilege to partner 
                                    with the Wounded Warrior Project, an organization 
                                    that lends a hand to those who merit it most. 
                                    We hope this donation helps these brave men 
                                    and women return to the rich, active lives 
                                    they truly deserve."
                                  On the opening night of the Company's summer 
                                    sales meetings, Polaris announced it would 
                                    donate $25 to WWP for each rider that rode 
                                    an all-terrain vehicle or Side-by-Side at 
                                    the Polaris demo track, a winding set of man-made 
                                    dirt trails intended to provide dealers with 
                                    a chance to experience riding the latest Polaris 
                                    products. That promise led to $44,500 in donations, 
                                    powered by more than 1,700 demo rides.
                                  The following week, at the 72nd edition of 
                                    the legendary motorcycle rally at Sturgis, 
                                    a year-long effort from Polaris-owned Victory 
                                    Motorcycles and its dealers culminated when 
                                    Steve Menneto, Polaris' vice president of 
                                    motorcycles, announced that Victory would 
                                    contribute an additional $100,000 to WWP. 
                                    The money represented an incredible number 
                                    of demo rides conducted throughout the year 
                                    at Victory dealerships as the brand challenged 
                                    consumers with the phrase "Ride One and 
                                    You'll Own One," then backed it up with 
                                    the promise of donations to WWP for each ride.
                                  In addition to donations made by Polaris 
                                    and Victory, the Company offered dealers the 
                                    opportunity to contribute to WWP as well. 
                                    More than 100 Polaris dealers combined to 
                                    generously add $9,625 of their own money, 
                                    bringing the donation total to $154,125.
                                  About the Wounded 
                                    Warrior Project 
                                    The mission of Wounded Warrior Project (WWP) 
                                    is to honor and empower wounded warriors. 
                                    WWP's purpose is to raise awareness and to 
                                    enlist the public's aid for the needs of injured 
                                    service members,to help injured servicemen 
                                    and women aid and assist each other, and to 
                                    provide unique, direct programs and services 
                                    to meet their needs. WWP is a national, nonpartisan 
                                    organization headquartered in Jacksonville, 
                                    Florida. To get involved and learn more, visit 
                                    woundedwarriorproject.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.