Arctic Cat Declares Quarterly Cash Dividend

Business Wire, July 28, 1998

THIEF RIVER FALLS, Minn.--(BUSINESS WIRE)--July 28, 1998--Arctic Cat Inc. (NASDAQ:ACAT) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.06 per share of common and class B common stock. The dividend is payable September 1, 1998 to shareholders of record on August 17, 1998.

Arctic Cat designs, engineers, manufactures and markets snowmobiles and all-terrain vehicles (ATVs) under the Arctic Cat(R) brand name, and personal watercraft under the Tigershark(R) brand name, as well as related parts, garments and accessories.

   CONTACT: Tim Delmore, 218/681-9868
             or
             Padilla Speer Beardsley Inc.
             Brian James, 612/872-3720