Financial Release

Arctic Cat Presents at Raymond James Institutional Investors Conference
THIEF RIVER FALLS, Minn., Feb 24, 2003 (BUSINESS WIRE) --

Live Webcast at 8:05 a.m. ET on March 3, 2003

Arctic Cat Inc. (Nasdaq:ACAT) will participate in the Raymond James Institutional Investors Conference in Orlando, Fla., on March 3, 2003, at 8:05 a.m. ET. Arctic Cat's President and Chief Executive Officer, Chris Twomey, and Chief Financial Officer, Tim Delmore, will highlight the company's recent record financial results and discuss plans for the current fiscal year and beyond.

A live audio Webcast of the presentation can be accessed at http://customer.nvglb.com/RaymondJames/Institutional/. The archived Webcast will be available through April 3, 2003.

Arctic Cat Inc. designs, engineers, manufactures and markets snowmobiles and all-terrain vehicles (ATVs) under the Arctic Cat(R) brand name, as well as related parts, garments and accessories. For more information on Arctic Cat, visit the company's Web site at www.arcticcat.com.

CONTACT: Arctic Cat Inc., Thief River Falls Tim Delmore, 218/681-9868 or Padilla Speer Beardsley Inc., Minneapolis Shawn Brumbaugh/Tony Carideo, 612/455-1700