Board of Directors Increases Dividend MILWAUKEE, April 29 /PRNewswire-FirstCall/ -- Harley-Davidson, Inc. (NYSE:HDI) announced today that its Board of Directors increased the dividend at the Annual Shareholder Meeting in Milwaukee on April 29, 2006. All items of business presented to shareholders were approved at the meeting. The Board of Directors of Harley-Davidson, Inc. approved a cash dividend of $0.21 per share payable June 26, 2006, to shareholders of record as of June 7, 2006. This represents a 16.7 percent increase over the previous dividend paid on March 24, 2006. During the meeting, the shareholders approved the re-election of Jeffrey L. Bleustein, Donald A. James, James A. Norling and James L. Ziemer as Class III Directors. Also, Ernst & Young LLP was ratified as the Company's independent registered public accounting firm for calendar year 2006. Company Background 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. 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 motorcycles. Harley- Davidson Financial Services provides wholesale and retail financing and insurance programs to Harley-Davidson dealers and customers. DATASOURCE: Harley-Davidson, Inc. CONTACT: Investors - Mark Van Genderen, +1-414-343-8002, Media - Bob Klein, +1-414-343-4433, both of Harley-Davidson, Inc. Web site: http://www.harley-davidson.com/

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