<SUBMISSION>
<ACCESSION-NUMBER>0000950134-02-010724
<TYPE>S-8 POS
<PUBLIC-DOCUMENT-COUNT>2
<FILING-DATE>20020828
<EFFECTIVENESS-DATE>20020828
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>POLARIS INDUSTRIES INC/MN
<CIK>0000931015
<ASSIGNED-SIC>3790
<IRS-NUMBER>411790959
<STATE-OF-INCORPORATION>MN
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>S-8 POS
<ACT>33
<FILE-NUMBER>333-77765
<FILM-NUMBER>02750776
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>2100 HIGHWAY 55
<CITY>MEDINA
<STATE>MN
<ZIP>55340
<PHONE>6125420500
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>1225 HIGHWAY 169 N
<STREET2>425 LEXINGTON AVE
<CITY>MINNESOTA
<STATE>MN
<ZIP>55441
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>S-8 POS
<SEQUENCE>1
<FILENAME>c71578sv8pos.htm
<DESCRIPTION>POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8
<TEXT>
<HTML>
<HEAD>
<TITLE>Polaris Industries Inc.</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<P align="center"><FONT size="2">As filed with the Securities and Exchange Commission on August&nbsp;28, 2002</FONT>

<P align="right"><FONT size="2"><B>Registration No.&nbsp;333-77765</B>
</FONT>

<P align="center"><FONT size="2"><B>SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</B><BR>




_______________</FONT>


<P align="center"><FONT size="2"><B>POST-EFFECTIVE AMENDMENT NO. 1<BR>
TO<BR>
FORM S-8<BR>
REGISTRATION STATEMENT<BR>
UNDER THE SECURITIES ACT OF 1933</B><BR>




_______________</FONT>


<P align="center"><FONT size="2"><B>POLARIS INDUSTRIES INC.</B><BR>
(Exact name of registrant as specified in its charter)</FONT>




<CENTER>
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<TR valign="bottom">
        <TD width="51%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="44%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align="center" valign="top"><FONT size="2"><B>Minnesota</B><BR>
(State or other jurisdiction of<BR>
incorporation or organization)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">
<B>41-1790959</B><BR>
(I.R.S. Employer Identification<BR>
Number)</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P align="center"><FONT size="2">




_______________</FONT>




<P align="center"><FONT size="2">2100 Highway 55<BR>
Medina, Minnesota 55340<BR>
(Address, including zip code, of registrant&#146;s principal executive offices)<BR>




_______________</FONT>



<P align="center"><FONT size="2"><B>POLARIS INDUSTRIES INC.<BR>
1999 BROAD-BASED STOCK OPTION PLAN</B><BR>
(Full title of the plan)<BR>




_______________</FONT>



<P align="center"><FONT size="2">Michael W. Malone, Vice President-Finance,<BR>
Chief Financial Officer, and Secretary<BR>
Polaris Industries Inc.<BR>
2100 Highway 55<BR>
Medina, Minnesota 55340<BR>
(763)&nbsp;542-0500<BR>
(Name, address, including zip code and telephone number, including area code,<BR>
of agent for service)<BR>




_______________</FONT>

<P align="center"><FONT size="2"><B>Copy to:</B><BR>
James C. Melville<BR>
Kaplan, Strangis and Kaplan, P.A.<BR>
5500 Wells Fargo Center, 90 South Seventh Street<BR>
Minneapolis, Minnesota 55402<BR>
(612)&nbsp;375-1138</FONT>




<P align="center"><FONT size="2"><B>CALCULATION OF REGISTRATION FEE</B>
</FONT>

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        <TD width="40%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
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        <TD width="1%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="4%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="4%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="4%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Proposed Maximum</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Proposed Maximum</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="1"><B>Title of Securities</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Amount to be</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Offering Price per</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Aggregate Offering</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Amount of</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="1"><B>to be Registered</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Registered</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Share</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Price</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Registration Fee</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD colspan="2"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD colspan="2"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD colspan="2"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD colspan="2"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom" bgcolor="#eeeeee">
        <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Common Stock, par<br>
value $.01 per
share</FONT></DIV></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">N/A(1)</FONT></TD>
        <TD nowrap align="left"><FONT size="2">&nbsp;</FONT></TD>
        <TD nowrap><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">N/A(1)</FONT></TD>
        <TD nowrap><FONT size="2">&nbsp;</FONT></TD>
        <TD nowrap align="left"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">N/A(1)</FONT></TD>
        <TD nowrap align="left"><FONT size="2">&nbsp;</FONT></TD>
        <TD nowrap><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">N/A(1)</FONT></TD>
        <TD nowrap align="left"><FONT size="2">&nbsp;</FONT></TD>
        <TD nowrap><FONT size="2">&nbsp;</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P>
<HR size="1" width="18%" align="left" noshade>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
      <TD width="1%" align="left" nowrap><FONT size="2">(1)</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="96%"><FONT size="2">This Amendment is filed to deregister shares originally registered for
issuance under the Polaris Industries Inc. 1999 Broad-Based Stock Option
Plan pursuant to a Registration Statement on Form&nbsp;S-8 filed with the
Securities and Exchange Commission on May&nbsp;5, 1999.</FONT></TD>
</TR>
</TABLE>


<P align="center"><FONT size="2">1</FONT>

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<!-- TOC -->
<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

<P><CENTER>
<TABLE border="0" width="90%" cellpadding="0" cellspacing="0">
<TR>
	<TD width="3%"></TD>
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	<TD width="3%"></TD>
	<TD width="76%"></TD>
</TR>
<TR><TD colspan="9"><A HREF="#000">POST-EFFECTIVE AMENDMENT NO. 1</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#002">INDEX TO EXHIBITS</A></TD></TR>
<TR><TD colspan="9"><A HREF="c71578exv24.txt">EX-24 Powers of Attorney</A></TD></TR>
</TABLE>
</CENTER>
<!-- /TOC -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<!-- link1 "POST-EFFECTIVE AMENDMENT NO. 1" -->
<DIV align="left"><A NAME="000"></A></DIV>
<P align="center"><FONT size="2"><B>POST-EFFECTIVE AMENDMENT NO. 1</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The purpose of this Post-Effective Amendment No.&nbsp;1 to Registration
Statement on Form&nbsp;S-8 (SEC File No.&nbsp;333-77765) is to deregister shares of
Polaris Industries Inc. common stock, $0.01 par value (&#147;Common Stock&#148;),
registered for issuance pursuant to the Polaris Industries Inc. 1999
Broad-Based Stock Option Plan (the &#147;Plan&#148;). The Registration Statement on Form
S-8 filed in connection with the Plan registered 350,000 shares of Common
Stock. As of August&nbsp;28, 2002, 90,800 shares of Common stock registered under
the Registration Statement on Form&nbsp;S-8 had not been issued under the Plan and
are not subject to currently outstanding options. The 90,800 shares of Common
Stock that remain unissued under the Plan are hereby deregistered.

</FONT>


<P><FONT size="2">Item&nbsp;8. Exhibits.</FONT>




<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following is a complete list of the exhibits filed or incorporated by
reference as part of this Post-Effective Amendment No.&nbsp;1:

</FONT>


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        <TD width="1%">&nbsp;</TD>
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        <TD width="5%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="1"><B>Exhibit No.</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Description</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD colspan="2"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom">
        <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">24</FONT></DIV></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="3" align="left"><FONT size="2">Powers of Attorney (filed herewith electronically).</FONT></TD>
</TR>
</TABLE>
</CENTER>


<P align="center"><FONT size="2">2</FONT>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="001"></A></DIV>
<P align="center"><FONT size="2"><B>SIGNATURES</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, as amended,
the registrant certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form&nbsp;S-8 and has duly caused this
Post-Effective Amendment No.&nbsp;1 to the Registration Statement to be signed on
its behalf by the undersigned, thereunto duly authorized, in the City of
Medina, State of Minnesota, on August&nbsp;28, 2002.

</FONT>


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<TR valign="bottom">
        <TD width="50%">&nbsp;</TD>
        <TD width="50%">&nbsp;</TD>
</TR>
<TR valign="bottom">
<TD><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top"><FONT size="2">POLARIS INDUSTRIES INC</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
<TD><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top"><FONT size="2">By:&nbsp;/s/&nbsp;Thomas C. Tiller<BR>
</FONT><HR size="1" noshade><FONT size="2">
Thomas C. Tiller<BR>
President and<BR>
Chief Executive Officer</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, as amended,
this Post-Effective Amendment No.&nbsp;1 to the Registration Statement has been
signed by the following persons in the capacities and on the date indicated.

</FONT>


<CENTER>
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<TR valign="bottom">
        <TD width="32%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="43%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="15%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="1"><B>Signature</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>Title</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>Date</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR><TR>
 <TR valign="bottom">
        <TD valign="top" align="center"><FONT size="2">/s/Gregory R. Palen
<HR size="1" noshade>
Gregory R. Palen</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Chairman of the Board and
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">August&nbsp;28, 2002</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR><TR>
        <TD valign="top" align="center"><FONT size="2">/s/Thomas C. Tiller
<HR size="1" noshade>
Thomas C. Tiller</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
President, Chief Executive
Officer and<br>Director
(Principal Executive Officer)
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">August&nbsp;28, 2002</FONT></TD>
</TR>
<TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR><TR>
        <TD valign="top" align="center"><FONT size="2">/s/Michael W. Malone
<HR size="1" noshade>
Michael W. Malone</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Vice President &#151; Finance,
Chief Financial Officer<br>and
Secretary (Principal Financial
and<br>Accounting Officer)
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">August&nbsp;28, 2002</FONT></TD>
</TR>
<TR><TR><TD><FONT size="2">&nbsp;</FONT></TD></TR><TR>

        <TD valign="top" align="center"><FONT size="2">*
<HR size="1" noshade>
Andris A. Baltins</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">August&nbsp;28, 2002</FONT></TD>
</TR>
<TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR><TR>
        <TD valign="top" align="center"><FONT size="2">*
<HR size="1" noshade>
George W. Buckley</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">August&nbsp;28, 2002</FONT></TD>
</TR>
<TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR><TR>
         <TD valign="top" align="center"><FONT size="2">*
<HR size="1" noshade>
William E. Fruhan, Jr.</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">August&nbsp;28, 2002</FONT></TD>
</TR>
<TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR><TR>
         <TD valign="top" align="center"><FONT size="2">*
<HR size="1" noshade>
John R. Menard, Jr.</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">August&nbsp;28, 2002</FONT></TD>
</TR>
<TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR><TR>
         <TD valign="top" align="center"><FONT size="2">*
<HR size="1" noshade>
R. M. Schreck</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">August&nbsp;28, 2002</FONT></TD>
</TR>
<TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR><TR>
         <TD valign="top" align="center"><FONT size="2">/s/J. Richard Stonesifer
<HR size="1" noshade>
J. Richard Stonesifer</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">August&nbsp;28, 2002</FONT></TD>
</TR>
<TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR><TR>
         <TD valign="top" align="center"><FONT size="2">*
<HR size="1" noshade>
Richard A. Zona</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">August&nbsp;28, 2002</FONT></TD>
</TR>
<TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR><TR>
         <TD valign="top"><FONT size="2">*By: /s/ Thomas C. Tiller
<HR size="1" noshade>
Thomas C. Tiller,<br>
Attorney-in-Fact</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">August&nbsp;28, 2002</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thomas C. Tiller, pursuant to Powers of Attorney executed by each of the
directors listed above whose name is marked with an &#147;*&#148; and filed as an exhibit
hereto, by signing his name hereto does hereby sign and execute this
Post-Effective Amendment No.&nbsp;1 to the Registration Statement of Polaris
Industries Inc. on behalf of each of such directors named above.

</FONT>


<P align="center"><FONT size="2">3</FONT>

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<!-- link1 "INDEX TO EXHIBITS" -->
<DIV align="left"><A NAME="002"></A></DIV>
<P align="center"><FONT size="2"><B>INDEX TO EXHIBITS</B>
</FONT>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="55%">
<TR valign="bottom">
        <TD width="8%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="30%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="52%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="1"><B>Exhibit Number</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>Description</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>Method of Filing</B></FONT></TD>
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        <TD><FONT size="1">&nbsp;</FONT></TD>
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        <TD valign="top"><FONT size="2">24</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
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Powers of Attorney
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">Filed herewith electronically</FONT></TD>
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<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>3
<FILENAME>c71578exv24.txt
<DESCRIPTION>EX-24 POWERS OF ATTORNEY
<TEXT>
<PAGE>
                                                                      EXHIBIT 24


                                POWER OF ATTORNEY


         KNOW ALL MEN BY THESE PRESENTS, that POLARIS INDUSTRIES INC., a
Minnesota corporation (the "Company"), and each of the undersigned directors of
the Company, hereby constitutes and appoints Thomas C. Tiller and Michael W.
Malone and each of them (with full power to each of them to act alone) its/his
true and lawful attorney-in-fact and agent, for it/him and on its/his behalf and
in its/his name, place and stead, in any and all capacities to sign, execute,
affix its/his seal thereto and file an amendment to the Registration Statement
on Form S-8 under the Securities Act of 1933, with all exhibits and any and all
documents required to be filed with respect thereto with any regulatory
authority, to deregister up to 90,800 shares of the Company's Common Stock, par
value $0.01, previously registered for issuance under the Company's 1999
Broad-Based Stock Option Plan, which shares have not been issued under the plan
and are not subject to currently outstanding options.

         There is hereby granted to said attorneys, and each of them, full power
and authority to do and perform each and every act and thing requisite and
necessary to be done in respect of the foregoing as fully as it/he or
itself/himself might or could do if personally present, hereby ratifying and
confirming all that said attorneys-in-fact and agents, or any of them, may
lawfully do or cause to be done by virtue hereof.

         This Power of Attorney may be executed in any number of counterparts,
each of which shall be an original, but all of which taken together shall
constitute one and the same instrument and any of the undersigned directors may
execute this Power of Attorney by signing any such counterpart.

         POLARIS INDUSTRIES INC. has caused this Power of Attorney to be
executed in its name by its Chief Executive Officer on the 28th day of August,
2002.

                                       POLARIS INDUSTRIES INC.



                                       By: /s/Thomas C. Tiller
                                           -------------------------------------
                                           Thomas C. Tiller
                                           President and Chief Executive Officer


<PAGE>



        The undersigned, directors of POLARIS INDUSTRIES INC., have hereunto set
their hands as of the 28th day of August, 2002.



       /s/Thomas C. Tiller                         /s/George W. Buckley
-------------------------------------       ------------------------------------
Thomas C. Tiller                            George W. Buckley



       /s/Gregory R. Palen                         /s/Andris A. Baltins
-------------------------------------       ------------------------------------
Gregory R. Palen                            Andris A. Baltins



     /s/William E. Fruhan, Jr.                     /s/John R. Menard, Jr.
-------------------------------------       ------------------------------------
William E. Fruhan, Jr.                      John R. Menard, Jr.



       /s/R. M. Schreck                          /s/J. Richard Stonesifer
-------------------------------------       ------------------------------------
R. M. Schreck                               J. Richard Stonesifer



     /s/Richard A. Zona
-------------------------------------
Richard A. Zona

                                     D I R E C T O R S





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