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Polaris Declares 22% Increase in Cash Dividend

Polaris Industries Inc., Medina, Minn., has authorized a 22% increase in the regular quarterly cash dividend effective with the 2005 first quarter dividend. The first quarter dividend of 28 cents will be payable on Feb. 15, 2005, to shareholders of record at the close of business on Feb. 1, 2005.
This increase represents the 10th consecutive year of increased dividends for Polaris.

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