Strong Business Foundation

Products (% of 2001 Sales)

Strengths/Opportunities

• $840M business

• Growth opportunities going forward

• Maintain #1 leadership position

• Generate cash

• Minimum investment

• Upside only

• $300-500MM long-term opportunity

• Superior product features

• Highest margin product

• Double in 3 years

ATV’s

56%

Snowmobiles

25%

PWC

4%

Victory

1%

PG&A

14%

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