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<SEC-DOCUMENT>0000897069-04-000184.txt : 20040126
<SEC-HEADER>0000897069-04-000184.hdr.sgml : 20040126
<ACCEPTANCE-DATETIME>20040126172627
ACCESSION NUMBER:		0000897069-04-000184
CONFORMED SUBMISSION TYPE:	DEF 14A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040225
FILED AS OF DATE:		20040126
EFFECTIVENESS DATE:		20040126

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			JOHNSON OUTDOORS INC
		CENTRAL INDEX KEY:			0000788329
		STANDARD INDUSTRIAL CLASSIFICATION:	 [3949]
		IRS NUMBER:				391536083
		STATE OF INCORPORATION:			WI
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		DEF 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-16255
		FILM NUMBER:		04544162

	BUSINESS ADDRESS:	
		STREET 1:		555 MAIN STREET
		CITY:			RACINE
		STATE:			WI
		ZIP:			53403-1015
		BUSINESS PHONE:		2626316600

	MAIL ADDRESS:	
		STREET 1:		555 MAIN STREET
		STREET 2:		STE 023
		CITY:			RACINE
		STATE:			WI
		ZIP:			53403-1015

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	JOHNSON WORLDWIDE ASSOCIATES INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEF 14A
<SEQUENCE>1
<FILENAME>cmw403.htm
<DESCRIPTION>DEFINITIVE PROXY STATEMENT
<TEXT>
<HTML>
<HEAD>
<TITLE>
</TITLE>
</HEAD>
<BODY>

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<A NAME=A001></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SCHEDULE 14A
INFORMATION </FONT></H1>

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<A NAME=A002></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Proxy Statement
Pursuant to Section 14(a) of the Securities Exchange Act of 1934 </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Filed by the Registrant&nbsp;&nbsp;[X] <BR>Filed by
a Party other than the Registrant&nbsp;&nbsp;[_] </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Check the appropriate box: </FONT></P>

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<A NAME=A003></A>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[_]  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Preliminary
Proxy Statement </FONT></TD>
</TR>
</TABLE>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[_]  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Confidential,
for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) </FONT></TD>
</TR>
</TABLE>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[X]  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Definitive
Proxy Statement </FONT></TD>
</TR>
</TABLE>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[_]  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Definitive
Additional Materials </FONT></TD>
</TR>
</TABLE>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[_]  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Soliciting
Material under Rule 14a-12 </FONT></TD>
</TR>
</TABLE>
<BR>

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<A NAME=A004></A>
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>JOHNSON OUTDOORS
INC. </U> <BR>(Name of Registrant as
Specified in its Charter) </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>(Name of Person(s)
Filing Proxy Statement if other than the Registrant) </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Payment of Filing Fee (Check the
appropriate box): </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[X] </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>No
fee required. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[_] </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Fee
computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1.</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Title
of each class of securities to which transaction applies: </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2.</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Aggregate
number of securities to which transaction applies: </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3.</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Per
unit price or other underlying value of transaction computed pursuant to
          Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is
          calculated and state how it was determined): </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Proposed
maximum aggregate value of transaction: </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5.</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Total
fee paid: </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[_] </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Fee
paid previously with preliminary materials. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[_] </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Check
box if any part of the fee is offset as provided by Exchange Act Rule
          0-11(a)(2) and identify the filing for which the offsetting fee was paid
          previously. Identify the previous filing by registration statement number, or
          the Form or Schedule and the date of its filing. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1.</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Amount
Previously Paid: </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2.</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Form,
Schedule or Registration Statement No.: </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3.</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Filing
Party: </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Date
Filed: </FONT></TD>
</TR>
</TABLE>


<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 3; page: 3" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[GRAPHIC OMITTED]
[JOHNSON OUTDOORS LOGO] </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>THE SPIRIT OF ADVENTURE </FONT></H1>


<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>JOHNSON OUTDOORS INC. <BR>555 MAIN STREET <BR>RACINE, WISCONSIN 53403 </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>NOTICE OF ANNUAL
MEETING OF SHAREHOLDERS <BR>TO BE HELD FEBRUARY
25, 2004 </FONT></H1>

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<A NAME=A006></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To the Shareholders of </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
JOHNSON
OUTDOORS INC.: </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Annual Meeting of Shareholders of
Johnson Outdoors Inc. will be held on Wednesday, February 25, 2004 at 10:00 a.m., Central
Time, at the Company&#146;s Headquarters, located at 555 Main Street, Racine, Wisconsin,
for the following purposes: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1. </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To
elect six directors to serve for the ensuing year. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2. </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To
consider and act upon a proposal to approve the Johnson Outdoors Inc. 2003
          Non-Employee Director Stock Ownership Plan. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3. </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To
consider and act upon a proposal to approve an amendment to the Johnson
          Outdoors Inc. 1987 Employees&#146; Stock Purchase Plan. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4. </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To
transact such other business as may properly come before the meeting or any
          adjournment or postponement thereof. </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Shareholders of record at the close
of business on Wednesday, December 17, 2003 will be entitled to notice of and to vote at
the meeting and any adjournment or postponement thereof. Holders of Class A common stock,
voting as a separate class, are entitled to elect two directors and holders of Class B
common stock, voting as a separate class, are entitled to elect the remaining directors. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Whether or not you plan to attend
the Annual Meeting, please take the time to vote your shares by promptly completing,
signing, dating and mailing the proxy card for Class A common stock and/or the proxy card
for Class B common stock in the return envelope provided (or, if applicable, by following
the instructions for voting by telephone or via Internet supplied to you by your bank or
brokerage firm). You retain the right to revoke the proxy at any time before it is
actually voted by giving notice in writing to the Secretary of the Company or by giving
notice in open meeting at the Annual Meeting.</B> </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By Order of the Board of Directors</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>/s/ Paul A. Lehmann</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Paul A. Lehmann</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Secretary</FONT></TD></TR>
</TABLE>
<BR>

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<A NAME=A007></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Racine, Wisconsin<BR>January 28, 2004 </FONT></P>


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<A NAME=A008></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>JOHNSON OUTDOORS INC. <BR>555 Main Street <BR>Racine, Wisconsin 53403 </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<A NAME=A011></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PROXY STATEMENT </FONT></H1>

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<A NAME=A012></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Annual Meeting of
Shareholders <BR>To Be Held February 25, 2004 </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This Proxy Statement, which is first
being mailed to shareholders on or about January 28, 2004, is furnished in connection with
the solicitation of proxies by the Board of Directors of Johnson Outdoors Inc. (the
&#147;Company&#148;) to be used at the Annual Meeting of Shareholders of the Company to be
held on Wednesday, February 25, 2004 at 10:00 a.m., Central Time, at the Company&#146;s
Headquarters, located at 555 Main Street, Racine, Wisconsin, and at any adjournment or
postponement thereof (the &#147;Annual Meeting&#148;). </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>You may vote your shares in the
following four ways: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<I>By mail</I>. If you complete and properly sign the accompanying proxy card and return
it in the enclosed envelope before the Annual Meeting, then your shares will be voted as
you direct at the Annual Meeting and any adjournments or postponements thereof. If you
properly sign and return the proxy card but do not specify how to vote, then your shares
will be voted in favor of each proposal set forth in the Notice of Annual Meeting of
Shareholders, except that proxy cards returned by a broker to indicate a broker non-vote
will not be so voted and will not constitute a vote &#147;for&#148; or &#147;against&#148;
any matter. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<I>By telephone</I>. If you hold your shares in &#147;street name&#148; through a broker,
nominee, fiduciary or other custodian, then you may be able to vote your shares by
telephone. A large number of banks and brokerage firms are participating in the ADP
Investor Communications Service telephone program. This program allows eligible
shareholders to vote by telephone. If your bank or brokerage firm is participating in
ADP&#146;s telephone voting program, then your bank or brokerage firm will provide you
with instructions for voting by telephone. If you vote by telephone, then you do not need
to return your proxy card by mail. If your bank or brokerage firm does not provide you
with instructions for voting by telephone or the Internet, then please mark your proxy
card, date and sign it, and return it in the enclosed envelope. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<I>By Internet</I>. If you hold your shares in &#147;street name&#148; through a broker,
nominee, fiduciary or other custodian, then you may be able to vote your shares on the
Internet. A large number of banks and brokerage firms are participating in the ADP
Investor Communications Service online program. This program allows eligible shareholders
to vote on the Internet. If your bank or brokerage firm is participating in ADP&#146;s
online voting program, then your bank or brokerage firm will provide you with instructions
for voting on the Internet. If you vote on the Internet, then you do not need to return
your proxy card by mail. If your bank or brokerage firm does not provide you with
instructions for voting on the Internet or telephone, then please mark your proxy card,
date and sign it, and return it in the enclosed envelope. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<I>In person. </I>Written ballots will be available from the Company&#146;s Secretary
before the Annual Meeting commences. If your shares are held in the name of a bank, broker
or other holder of record, then you must obtain a proxy, executed in your favor, from the
holder of record for you to vote your shares at the Annual Meeting if you decide to attend
in person. However, if you do send in your proxy card, and also attend the Annual Meeting,
then there is no need to vote again unless you wish to revoke your proxy. </FONT></TD>
</TR>
</TABLE>
<BR>




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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>If available, telephone and Internet
voting procedures are designed to authenticate shareholders&#146; identities, to allow
shareholders to give their voting instructions and to confirm that shareholders&#146;
instructions have been properly recorded. Shareholders voting via the Internet should
understand that there might be costs associated with electronic access, such as usage
charges from Internet access providers and telephone companies, that the shareholders must
bear. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Shareholders who execute proxies may
revoke them at any time before they are voted by written notice addressed to the Secretary
at the Company&#146;s address shown above, or by giving notice in open meeting. Unless so
revoked, the shares represented by proxies received by the Board of Directors will be
voted at the Annual Meeting. Where a shareholder specifies a choice by means of the proxy,
the shares will be voted in accordance with such specification. If a shareholder properly
signs and returns the proxy card but does not specify how to vote, then the
shareholder&#146;s shares will be voted in favor of each proposal set forth in the Notice
of Annual Meeting of Shareholders. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The record date for shareholders
entitled to notice of and to vote at the Annual Meeting is December 17, 2003. On the
record date, the Company had outstanding and entitled to vote 7,433,627 shares of Class A
common stock and 1,222,297 shares of Class B common stock. Holders of Class A common stock
are entitled to one vote per share for directors designated to be elected by holders of
Class&nbsp;A common stock and for other matters. Holders of Class B common stock are
entitled to one vote per share for directors designated to be elected by holders of Class
B common stock and ten votes per share for other matters. </FONT></P>

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<A NAME=A014></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ELECTION OF DIRECTORS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Six directors are to be elected at
the Annual Meeting to serve until the next annual meeting of shareholders or until their
respective successors have been duly elected. The Company&#146;s Articles of Incorporation
provide that holders of Class A common stock have the right to elect 25% of the authorized
number of directors and the holders of Class B common stock are entitled to elect the
remaining directors. At the Annual Meeting, holders of Class A common stock will elect two
directors and holders of Class B common stock will elect four directors. Terry E. London
and John M. Fahey, Jr. (the &#147;Class A Directors&#148;) are the nominees designated to
be voted on by the holders of Class A common stock, and Samuel C. Johnson, Helen P.
Johnson-Leipold, Thomas F. Pyle, Jr. and Gregory E. Lawton (the &#147;Class B
Directors&#148;) are the nominees designated to be voted on by the holders of Class B
common stock. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Proxies received from holders of
Class A common stock will, unless otherwise directed, be voted for the Class A Directors
and proxies received from holders of Class B common stock will, unless otherwise directed,
be voted for the Class B Directors. Proxies of holders of Class A common stock cannot be
voted for more than two persons and proxies of holders of Class B common stock cannot be
voted for more than four persons. Class A Directors are elected by a plurality of the
votes cast by the holders of Class A common stock and Class B Directors are elected by a
plurality of the votes cast by the holders of Class B common stock, in each case assuming
a quorum is present at the Annual Meeting. &#147;Plurality&#148; means that the
individuals who receive the largest number of votes cast by holders of the class of common
stock entitled to vote in the election of such directors are elected as directors up to
the maximum number of directors to be chosen at the meeting by such class. Consequently,
any shares not voted on this matter (whether by abstention or otherwise) will have no
impact on the election of directors. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Listed below are the nominees of the
Board of Directors for election at the Annual Meeting. Each of the nominees is presently a
director of the Company. If any of the nominees should be unable or unwilling to serve,
the proxies, pursuant to the authority granted to them by the Board of Directors, will
have discretionary authority to select and vote for substituted nominees. The Board of
Directors has no reason to believe that any of the nominees will be unable or unwilling to
serve. </FONT></P>


<TABLE WIDTH="100%" BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Name</B>
</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Age</B>
</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Business Experience During Last Five Years</B>
</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Since</B>
</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="25%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>Samuel C. Johnson
</FONT></TD>
     <TD WIDTH="10%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>75
</FONT></TD>
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>Chairman Emeritus of  S.C. Johnson &amp; Son, Inc. since        <BR>
October 2000 (manufacturer  and marketer of home cleaning,<BR>
maintenance  and  storage  products)  ("SCJ").  Chairman  of<BR>
Johnson    Financial   Group   since   1998   (banking   and<BR>
insurance).  Chairman of SCJ from 1988 until  October  2000.<BR>
Chairman of the Board of the Company  from  January  1994 to<BR>
March  1999.   Mr.   Johnson  is  the  father  of  Helen  P.<BR>
Johnson-Leipold.<BR>
</FONT></TD>
     <TD WIDTH="15%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>1970
</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>Thomas F. Pyle, Jr.
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>62
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>Vice  Chairman  of the Board of the  Company  since  October<BR>
1997.  Chairman  of The  Pyle  Group  since  September  1996<BR>
(financial  services and investments).  Director of Sub Zero<BR>
Corporation.
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>1987</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>Helen P. Johnson-Leipold</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>46</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>Chairman and Chief  Executive  Officer of the Company  since<BR>
March   1999.    Vice    President,    Worldwide    Consumer<BR>
Products-Marketing  of SCJ  from  September  1998  to  March<BR>
1999.  Vice  President,  Personal and Home Care  Products of<BR>
SCJ from October 1997 to  September  1998.  Director of S.C.<BR>
Johnson  &amp;  Son,   Inc.   and   JohnsonDiversey,   Inc.  Ms.<BR>
Johnson-Leipold is the daughter of Samuel C.  Johnson.
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>1994</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>Gregory E. Lawton</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>52</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>President and Chief  Executive  Officer of  JohnsonDiversey,<BR>
Inc.  (manufacturer and marketer of commercial  cleaning and<BR>
hygiene   solutions  and   services)   since  January  1999.<BR>
President  and  Chief  Executive  Officer  of  NuTone,  Inc.<BR>
(manufacturer  of  ventilation  fans,  intercom  systems and<BR>
other  home  products)  from  July  1994  to  January  1999.<BR>
Director   of    JohnsonDiversey,    Inc.,   General   Cable<BR>
Corporation and Superior Metal Products, Inc.
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>1997</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>Terry E. London</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>54</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>President of London  Partners  LLC since July 2001  (private<BR>
investments).  From May  1997 to July  2000,  President  and<BR>
Chief   Executive   Officer   and  a  Director   of  Gaylord<BR>
Entertainment    Company   (hospitality   and   attractions,<BR>
creative   content  and  interactive   media)   ("Gaylord").<BR>
Executive  Vice  President  and Chief  Operating  Officer of<BR>
Gaylord  from  March  1997 to May 1997.  Director  of Pier 1<BR>
Imports, Inc.
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>1999</FONT></TD></TR>
</TABLE>
<BR>
<BR>
<BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4 </FONT></P>





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<TABLE WIDTH="100%" BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Name</B>
</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Age</B>
</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Business Experience During Last Five Years</B>
</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Since</B>
</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH=25%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>John M. Fahey, Jr.</FONT></TD>
     <TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>51</FONT></TD>
     <TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>President  and Chief  Executive  Officer and Chairman of the<BR>
Executive   Committee  of  the  Board  of  Trustees  of  the<BR>
National  Geographic  Society  since  March 1998  (nonprofit<BR>
scientific  and  educational   organization).   Director  of<BR>
Jason Foundation for Education.
</FONT></TD>
     <TD WIDTH=15%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>2001</FONT></TD></TR>
</TABLE>


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<A NAME=A015></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Independent Directors
and Annual Meeting Attendance </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Board of Directors has determined
that the Company is a &#147;Controlled Company&#148;, as defined in the rules of The
NASDAQ Stock Market, Inc.&reg; (&#147;NASDAQ&#148;), since Samuel C. Johnson is the
beneficial owner of more than 50% of the voting power of the Company. The Company
therefore is exempt from certain independence requirements of the NASDAQ rules, including
the requirement to maintain a majority of independent directors on the Company&#146;s
Board of Directors. Of the six directors currently serving on the Board of Directors, the
Board has determined that Messrs. London, Pyle and Fahey are &#147;independent
directors&#148; as defined in the NASDAQ rules and also meet the additional independence
standards for Audit Committee members. Messrs. London, Pyle and Fahey are the directors
who serve on each of the Audit, Compensation and Nominating and Corporate Governance
Committees. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Directors are encouraged to attend
the Company&#146;s Annual Meeting of Shareholders. Five of the six directors attended the
Company&#146;s 2003 Annual Meeting. </FONT></P>

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<A NAME=A016></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Committees </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Board of Directors has standing
Executive, Audit, Compensation, and Nominating and Corporate Governance Committees. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Executive Committee assists the Board
of Directors in developing and evaluating general corporate policies and objectives and in
discharging the Board&#146;s responsibilities with respect to the management of the
business and affairs of the Company when it is impracticable for the full Board to act.
Present members of the Executive Committee are Messrs. Johnson (Chairman) and Pyle and Ms.
Johnson-Leipold. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Audit Committee presently
consists of Messrs. London (Chairman), Pyle and Fahey. The Board of Directors has
determined that Mr. London qualifies as an &#147;audit committee financial expert,&#148;
as defined by the Securities and Exchange Commission. The Audit Committee&#146;s primary
duties and responsibilities are to: (1) appoint the Company&#146;s independent auditors
and determine their compensation; (2) serve as an independent and objective party to
monitor the Company&#146;s compliance with legal and regulatory requirements and the
Company&#146;s financial reporting, disclosure controls and procedures and internal
controls and procedures; (3) review, evaluate and oversee the audit efforts of the
Company&#146;s independent auditors and internal auditors; (4) provide an open avenue of
communication among the independent auditors, management, the internal auditors, and the
Board of Directors; and (5) prepare the Audit Committee Report required to be included in
the Company&#146;s annual proxy statement. The Audit Committee&#146;s charter was revised
in December 2003. A copy of the revised charter is attached to this Proxy Statement as
Annex A. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Compensation Committee presently
consists of Messrs. Pyle (Chairman), Fahey and London. The Compensation Committee
discharges the responsibilities of the Board of Directors relating to the compensation
programs and compensation of the Company&#146;s directors, officers and, at the option of
the Committee, other managerial personnel of the Company and its subsidiaries, including,
without limitation, fixing the cash compensation of such persons, establishing and
administering compensation and benefit plans for such persons and determining awards
thereunder, and entering into (or amending existing) employment and compensation
agreements with any such persons. Generally, the Compensation Committee also administers
all equity-based plans, such as stock option and restricted stock plans in accordance with
the terms of such plans. </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5 </FONT></P>

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<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Nominating and Corporate
Governance Committee (the &#147;Nominating Committee&#148;) presently consists of Messrs.
Fahey (Chairman), London and Pyle. The Nominating Committee provides assistance to the
Board of Directors in fulfilling its responsibilities by: (1) identifying individuals
qualified to become directors and recommending to the Board of Directors candidates for
all directorships to be filled by the Board of Directors or by the shareholders of the
Company; (2) identifying directors qualified to serve on the committees established by the
Board of Directors and recommending to the Board of Directors members for each committee
to be filled by the Board of Directors; and (3) taking a leadership role in shaping the
corporate governance of the Company. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Nominating Committee will
consider persons recommended by shareholders to become nominees for election as directors.
Recommendations for consideration by the Nominating Committee should be sent to the
Secretary of the Company in writing together with appropriate biographical information
concerning each proposed nominee. The Company&#146;s Bylaws also set forth certain
requirements for shareholders wishing to nominate director candidates directly for
consideration by the shareholders. With respect to an election of directors to be held at
an annual meeting, a shareholder must, among other things, give notice of an intent to
make such a nomination to the Secretary of the Company in advance of the meeting in
compliance with the terms and within the time period specified in the Bylaws. Pursuant to
these requirements, a shareholder must give a written notice of intent to the Secretary of
the Company not more than 90 days prior to the date of the annual meeting and not later
than the close of business on the later of (i) the 60th day prior to the annual meeting
and (ii) the 10th day following the day on which public announcement of the date of the
annual meeting is first made. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In identifying and evaluating
nominees for director, the Nominating Committee of the Board of Directors seeks to ensure
that the Board of Directors possesses, in the aggregate, the strategic, managerial and
financial skills and experience necessary to fulfill its duties and to achieve its
objectives, and seeks to ensure that the Board of Directors is comprised of directors who
have broad and diverse backgrounds, possessing knowledge in areas that are of importance
to the Company. In addition, the Nominating Committee believes it is important that at
least one director have the requisite experience and expertise to be designated as an
&#147;audit committee financial expert.&#148; The Nominating Committee looks at each
nominee on a case-by-case basis regardless of who recommended the nominee. In looking at
the qualifications of each candidate to determine if their election would further the
goals described above, the Nominating Committee takes into account all factors it
considers appropriate, which may include strength of character, mature judgment, career
specialization, relevant technical skills or financial acumen, diversity of viewpoint and
industry knowledge. At a minimum, each director nominee must have displayed the highest
personal and professional ethics, integrity, values and sound business judgment. In
addition, the Nominating Committee believes that the following specific qualities and
skills are necessary for all directors to possess: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>A
director should be highly accomplished in his or her respective field, with superior
credentials and recognition.  </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Large Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>A
director should have expertise and experience relevant to the Company&#146;s business,
and be able to offer advice and guidance to the Chief Executive Officer based on that
expertise and experience.  </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Large Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>A
director must have time available to devote to activities of the Board of Directors and
to enhance his or her knowledge of the Company&#146;s business.  </FONT></TD>
</TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6 </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>A
director should have demonstrated the ability to work well with others.  </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A017></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Charters of Committees </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Board of Directors has adopted,
and may amend from time to time, a written charter for each of the Executive Committee,
Audit Committee, Compensation Committee and Nominating Committee. The Company maintains a
website at www.johnsonoutdoors.com. The Company makes available on its website, free of
charge, copies of each of these charters. The Company is not including the information
contained on or available through its website as a part of, or incorporating such
information by reference into, this Proxy Statement. </FONT></P>

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<A NAME=A018></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Communications with
Board of Directors </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Shareholders may communicate with the
Board of Directors by writing to the Secretary of the Company at Johnson Outdoors Inc.,
care of the Board of Directors (or, at the shareholder&#146;s option, care of&nbsp;a
specific director), 555 Main Street, Suite 028, Racine, Wisconsin 53403. The Secretary
will ensure that this communication (assuming it is properly marked <I>care of the Board
of Directors</I> or <I>care of a specific</I> <I>director</I>) is delivered to the Board
of Directors or the specified director, as the case may be. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A019></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Audit Committee Report </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In accordance with its written
charter adopted by the Board of Directors, the Audit Committee has oversight
responsibility for the quality and integrity of the financial reporting practices of the
Company. While the Audit Committee has oversight responsibility, the primary
responsibility for the Company&#146;s financial reporting, disclosure controls and
procedures and internal controls and procedures rests with management, and the
Company&#146;s independent auditors are responsible for auditing the Company&#146;s
financial statements. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In discharging its oversight
responsibility as to the audit process, the Audit Committee discussed with the independent
auditors their independence from the Company and its management. In addition, the
independent auditors provided the Audit Committee with written disclosure respecting their
independence and the letter required by Independence Standards Board No. 1
(&#147;Independence Discussions with Audit Committees&#148;). </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Audit Committee discussed and
reviewed with the independent auditors all communications required by generally accepted
auditing standards, including those described in Statement on Auditing Standards No. 61
(&#147;Communication with Audit Committees&#148;) and, with and without management
present, discussed and reviewed the results of the independent auditors&#146; examination
of the Company&#146;s consolidated financial statements. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Audit Committee discussed and
reviewed the audited consolidated financial statements of the Company for the fiscal year
ended October 3, 2003 with management and the independent auditors. Management has the
responsibility for the preparation of the Company&#146;s financial statements and the
independent auditors have the responsibility for the examination of those statements. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Based upon the above-described review
and discussions with management and the independent auditors, the Audit Committee
recommended to the Board of Directors that the Company&#146;s audited consolidated
financial statements be included in its Annual Report on Form 10-K for the fiscal year
ended October 3, 2003 for filing with the Securities and Exchange Commission. </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>7 </FONT></P>

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<!-- MARKER PAGE="sheet: 9; page: 9" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This report shall not be deemed
incorporated by reference by any general statement incorporating by reference this Proxy
Statement into any filing under the Securities Act of 1933, as amended, or the Securities
Exchange Act of 1934, as amended, and shall not otherwise be deemed filed under such Acts. </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Audit Committee of the Board of Directors</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Terry E. London, Chairman</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Thomas F. Pyle, Jr.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>John M. Fahey, Jr.</FONT></TD></TR>
</TABLE>
<BR>


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<A NAME=A020></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Meetings and Attendance </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>During the year ended October 3,
2003, there were four meetings of the Board of Directors, nine meetings of the Audit
Committee, three meetings of the Compensation Committee, and no meetings of the Executive
Committee or the Nominating Committee. All directors attended at least 75% of the meetings
of the Board of Directors and at least 75% of the meetings of the committees on which they
served during the year ended October 3, 2003. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A021></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Compensation of Directors </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Retainer and Fees</I>. Each
director who is not an employee of the Company (&#147;non-employee director&#148;) is
entitled to receive an annual retainer of $20,000 and generally $1,000 for each meeting of
the Board of Directors and each committee meeting attended. The Vice Chairman of the Board
of Directors receives an additional annual retainer of $40,000. Non-employee directors are
also entitled to receive an annual retainer for serving on committees of the Board of
Directors as follows: the Chairman of each committee receives $3,500 and the other members
each receive $1,000. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Stock-Based Plans</I>. The Company
maintains the Johnson Outdoors Inc. 1994 Non-Employee Director Stock Ownership Plan (the
&#147;1994 Director Plan&#148;). The 1994 Director Plan provides for up to 150,000 shares
of Class A common stock to be issued to non-employee directors. The plan provides that
upon first being elected or appointed as a director of the Company, and thereafter, on the
first business day after the Company&#146;s annual meeting of shareholders, that each
non-employee director of the Company automatically receives a combined stock option and
restricted stock award in each year during the existence of the 1994 Director Plan. The
award is intended to deliver a greater portion of director compensation in the form of
equity, with the aggregate award providing an annual economic value of $20,000. The annual
economic value is equally divided between restricted stock awards and stock options, with
the basis for the division as follows: the restricted stock shares at the fair market
value on date of award, and the stock options valued as of the date of the grant using the
Black-Scholes Option Pricing Model (the &#147;Black-Scholes Model&#148;). The 1994
Director Plan will terminate on January 27, 2004. The shareholders of the Company are
being asked to approve a replacement plan at the Annual Meeting. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The exercise price for options is the
fair market value of a share of Class A common stock on the date of grant. Options have a
term of ten years and become fully exercisable one year after the date of grant. The
shares of Class A common stock granted to non-employee directors in the form of restricted
stock awards cannot be sold or otherwise transferred while the non-employee director
remains a director of the Company and thereafter the restrictions will lapse. However, a
non-employee director may transfer the shares to any trust or other estate in which the
director has a substantial interest or a trust of which the director serves as trustee or
to his or her spouse and certain other related persons, provided the shares will continue
to be subject to the transfer restrictions described above. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>On February 20, 2003, a stock option
exercisable for 4,150 shares of Class A common stock and 966 shares of restricted Class A
common stock were awarded to each of the non-employee directors of the Company at that
time (Messrs. Johnson, Pyle, Lawton, London and Fahey). </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8 </FONT></P>

<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 10; page: 10" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>


<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<A NAME=A022></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>STOCK OWNERSHIP OF
MANAGEMENT AND OTHERS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The following table sets forth
certain information at November 1, 2003 regarding the beneficial ownership of each class
of the Company&#146;s common stock by each director, each person known by the Company to
own beneficially more than 5% of either class of the Company&#146;s common stock, each
executive officer named in the Summary Compensation Table set forth below, and all
directors and current executive officers as a group based upon information furnished by
such persons. Except as indicated in the footnotes, the persons listed have sole voting
and investment power over the shares beneficially owned. </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=2><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Class A Common Stock<SUP>(1)</SUP></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=2><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Class B Common Stock<SUP>(1)</SUP></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TH ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Name and Address</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Number of Shares</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Percentage of<BR>
Class<BR>
Outstanding</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Number of Shares</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Percentage of Class<BR>
Outstanding</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Samuel C. Johnson</FONT></TD>
     <TD WIDTH=13% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2,550,323 <SUP>(2)(3)</SUP>&nbsp;</FONT></TD>
     <TD WIDTH=8% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>34.5%</FONT></TD>
     <TD WIDTH=13% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1,062,330 <SUP>(2)(4)</SUP>&nbsp;</FONT></TD>
     <TD WIDTH=7% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>86.9%</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;555 Main Street</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;Racine, Wisconsin 53403</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Imogene P. Johnson</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>32,543 <SUP>(4)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>*</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1,037,330 <SUP>(4)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>84.8</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;555 Main Street</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;Racine, Wisconsin 53403</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Dr. H. Fisk Johnson</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>443,140 <SUP>(5)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.0</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>22,784 <SUP>(5)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1.9</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;555 Main Street</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;Racine, Wisconsin 53403</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>JWA Consolidated, Inc.</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>114,464 <SUP>(6)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1.5</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1,037,330 <SUP>(6)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>84.8</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;555 Main Street</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;Racine, Wisconsin 53403</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Johnson Trust Co.</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>517,367 <SUP>(7)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>7.0</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>142,616 <SUP>(7)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11.7</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;555 Main Street</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;Racine, Wisconsin 53403</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Helen P. Johnson-Leipold</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1,080,741 <SUP>(6)(8)(9)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>14.6</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1,056,722 <SUP>(4)(7)(9)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>86.4</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;555 Main Street</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;Racine, Wisconsin 53403</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Dimensional Fund Advisors Inc.</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>498,500 <SUP>(10)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.7 <SUP>(10)</SUP></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;1299 Ocean Avenue</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;Santa Monica, CA 90401</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FMR Corp.</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>413,700 <SUP>(11)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5.6 <SUP>(11)</SUP></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;82 Devonshire Street</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;Boston, MA 02109</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Thomas F. Pyle, Jr</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>32,535 <SUP>(12)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>*</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Paul A. Lehmann</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>27,659 <SUP>(13)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>*</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Gregory E. Lawton</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>17,854 <SUP>(14)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>*</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Terry E. London</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>17,854 <SUP>(15)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>*</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Mamdouh Ashour</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>16,100 <SUP>(16)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>*</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>John M. Fahey, Jr</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>13,882 <SUP>(17)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>*</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Jervis B. Perkins</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>394 <SUP>(18)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>*</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Patrick J. O'Brien</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>31,756 <SUP>(19)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>*</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>All directors and current executive</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3,256,242 <SUP>(2)(3)(6)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>44.1</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1,081,722 <SUP>(2)(4)</SUP>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>88.5</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;officers as a group (8 persons)</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><SUP>(8)(9)(12)</SUP></FONT></TD>
<td></TD>
<TD ALIGN=right><FONT FACE="Times New Roman, Times, Serif" SIZE=2><SUP>(7)(9)</SUP></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><SUP>(13)(14)(15)</SUP></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><SUP>(17)(18)(20)</SUP></FONT></TD></TR>
</TABLE>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=1>* The amount shown is less than 1% of
the outstanding shares of such class. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>9 </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Shares
of Class B common stock (&#147;Class B Shares&#148;) are convertible on a
                    share-for-share basis into shares of Class A common stock (&#147;Class
A                     Shares&#148;) at any time at the discretion of the holder thereof.
As a result,                     a holder of Class B Shares is deemed to beneficially own
an equal number of                     Class A Shares. However, in order to avoid
overstatement of the aggregate                     beneficial ownership of Class A Shares
and Class B Shares, the Class A Shares                     reported in the table do not
include Class A Shares which may be acquired upon                     the conversion of
Class B Shares. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(2) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Shares
reported by Mr. Johnson include 98,000 Class A Shares and 1,037,330 Class
                    B Shares over which Mr. Johnson may be deemed to share voting power
and                     investment power. The 98,000 Class A Shares are held of record by
a corporation                     controlled by Mr. Johnson through various trusts. The
1,037,330 Class B Shares                     are held of record by the Johnson Outdoors
Inc. Class B common stock Voting                     Trust (&#147;Voting Trust&#148;),
and Mr. Johnson reports beneficial ownership                     of these shares because
Mr. Johnson is the sole trustee of certain trusts that                     are unit
holders of the Voting Trust. Mr. Johnson owns 1,899,536 Class A Shares
                    and 47,046 Class B Shares as sole trustee of a trust for his benefit
and reports                     beneficial ownership of the remaining Class A Shares and
Class B Shares                     indirectly as the sole trustee of a trust for the
benefit of Mr. Johnson,                     members of his family or related entities
(the &#147;Johnson Family&#148;), as                     the sole trustee of a
shareholder of certain corporations, or pursuant to                     options to
acquire Class A Shares. Not included in the number of Class A Shares
                    or Class B Shares beneficially owned by Mr. Johnson are Class A
Shares or Class                     B Shares held by Mr. Johnson&#146;s wife, Imogene P.
Johnson, by family                     partnerships of which Mr. Johnson is not a general
partner, or does not directly                     or indirectly control a general
partner, by corporations in which all of the                     common stock is
beneficially owned by Mr. Johnson&#146;s adult children or by                     Johnson
Trust Company, Inc. (&#147;Johnson Trust&#148;), except as otherwise
                    noted. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(3) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Includes
options to acquire 12,695 Class A Shares, which options are exercisable
                    within 60 days. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(4) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Shares
reported by Mrs. Johnson include 1,037,330 Class B Shares directly held
                    by the Voting Trust and over which Mrs. Johnson has shared voting
power and                     shared investment power as sole trustee of the Voting
Trust, and all of which                     are also reported as beneficially owned by
Mr. Johnson, Ms. Johnson-Leipold and                     JWA Consolidated, Inc. as Voting
Trust unit holders. Mrs. Johnson reports the                     remaining shares as
personally owned. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(5) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Shares
reported by Dr. Johnson include options to acquire 161,667 Class A
                    Shares, which options are exercisable within 60 days, as well as
22,784 Class B                     Shares held by a revocable trust. Dr. Johnson reported
sole voting and sole                     dispositive power with respect to 274,405 Class
A Shares, which includes the                     above-referenced 161,667 options, and
shared voting and dispositive power with                     respect to 168,735 Class A
Shares. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(6) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
114,464 Class A Shares are also reported as beneficially owned by Ms.
                    Johnson-Leipold as sole trustee of the Samuel C. Johnson Family
Trust, which                     controls JWA Consolidated, Inc. The 1,037,330 Class B
Shares are held of record                     by the Voting Trust, and JWA Consolidated,
Inc. reports beneficial ownership in                     its capacity as a direct or
indirect unit holder of the Voting Trust. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(7) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Includes
467,851 Class A Shares and 75,992 Class B Shares over which Johnson
                    Trust has shared voting power and shared investment power, of which
19,392 Class                     B Shares are also reported as beneficially owned by Ms.
Johnson-Leipold. Johnson                     Trust reports beneficial ownership of the
Class A Shares and Class B Shares                     reflected in the table as sole
trustee of various trusts principally for the                     benefit of members of
the Johnson Family. Mr. Johnson is directly or indirectly                     the
controlling shareholder of Johnson Trust. </FONT></TD>
</TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10 </FONT></P>

<!-- *************************************************************************** -->
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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(8) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Includes
options to acquire 655,000 Class A Shares, which options are
                    exercisable within 60 days, and 3,643 Class A Shares held by the
Company&#146;s                     401(k) Retirement and Savings Plan, over which Ms.
Johnson-Leipold has sole                     voting power. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(9) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Includes
272,586 Class A Shares and 1,056,722 Class B Shares over which Ms.
                    Johnson-Leipold has shared voting power and shared investment power,
all of                     which are reported as beneficially owned by Johnson Trust. Ms.
Johnson-Leipold                     beneficially owns such Class A Shares and Class B
Shares indirectly as the                     settlor and beneficiary of a trust and
through such trust as a general partner                     of certain limited
partnerships controlled by the Johnson Family and as a                     controlling
shareholder, with trusts for the benefit of Mr. Johnson and his                     adult
children, of certain corporations. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(10) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
information is based on a report on Schedule 13G/A, dated December 31, 2002,
                    filed by Dimensional Fund Advisors Inc., a registered investment
advisor                     (&#147;Dimensional&#148;) with the Securities and Exchange
Commission.                     Dimensional reported sole voting and sole dispositive
power with respect to all                     of the reported shares. Dimensional
disclaims beneficial ownership of all of the                     reported shares, which
are owned by advisory clients of Dimensional. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(11) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
information is based on a report on Schedule 13G/A, dated February 14, 2003,
                    filed by FMR Corp., a registered investment advisor (&#147;FMR&#148;)
with the                     Securities and Exchange Commission. FMR reported sole voting
power with respect                     to 21,000 Class A Shares and sole dispositive
power with respect to all of the                     reported shares. Fidelity Management
&amp; Research Company                     (&#147;Fidelity&#148;), a wholly-owned
subsidiary of FMR and investment advisor                     to various investment
companies, reported beneficial ownership of 392,700 Class                     A Shares.
Fidelity Low Priced Stock Fund reported ownership of 381,700 Class A
                    Shares. Edward C. Johnson 3rd, Chairman of FMR Corp., through its
control of                     Fidelity and the funds reported sole dispositive power of
392,700 Class A                     Shares. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(12) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Includes
options to acquire 22,695 Class A Shares, which options are exercisable
                    within 60 days. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(13) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Includes
options to acquire 26,666 Class A Shares, which options are exercisable
                    within 60 days, and 993 Class A Shares held by the Company&#146;s
401(k)                     Retirement and Savings Plan, over which Mr. Lehmann has sole
voting power. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(14) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Includes
options to acquire 12,695 Class A Shares, which options are exercisable
                    within 60 days. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(15) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Includes
options to acquire 12,695 Class A Shares, which options are exercisable
                    within 60 days. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(16) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Mr.
Ashour was Group Vice President of the Company from October 1997 to August,
                    2003 and President &#150; Worldwide Diving from August 1996 to
August, 2003. Mr.                     Ashour is no longer employed by the Company. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(17) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Includes
options to acquire 10,475 Class A Shares, which options are exercisable
                    within 60 days. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(18) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Includes
394 Class A Shares held by the Company&#146;s 401(k) Retirement and
                    Savings Plan, over which Mr. Perkins has sole voting power. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(19) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Includes
options to acquire 25,000 Class A Shares, which options are exercisable
                    within 60 days, and 1,506 Class A Shares held by the Company&#146;s
401(k)                     Retirement and Savings Plan, over which Mr. O&#146;Brien has
sole voting power.                     Mr. O&#146;Brien was President and Chief Operating
Officer of the Company from                     April 1999 to January 2003. Mr. O&#146;Brien
is no longer employed by the                     Company. </FONT></TD>
</TR>
</TABLE>
<BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11 </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(20) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Excludes
shares held by Mr. Ashour and Mr. O&#146;Brien. To avoid double
                    counting, the aggregate number of Class A Shares beneficially owned
by all of                     the directors and current executive officers as a group
excludes from Ms.                     Johnson-Leipold&#146;s holdings an option for
485,000 Class A Shares                     (exercisable within 60 days) granted to Ms.
Johnson-Leipold by Mr. Johnson.                     These 485,000 Class A Shares are
included in Mr. Johnson&#146;s holdings for                     purposes of calculating
the aggregate holdings. </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>At November 1, 2003, the Johnson
Family beneficially owned 3,471,243 Class A Shares, or approximately 47.0% of the
outstanding Class A Shares, and 1,168,366 Class B Shares, or approximately 95.6% of the
outstanding Class B Shares. </FONT></P>

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<A NAME=A023></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXECUTIVE COMPENSATION </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A024></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Compensation Committee
Report on Executive Compensation </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Compensation Committee of the
Board of Directors is responsible for all compensation and benefits provided to the
Company&#146;s Chief Executive Officer, other executive officers and key employees. Set
forth below is a report explaining the rationale underlying fundamental executive
compensation decisions affecting the Company&#146;s executive officers, including the
Chief Executive Officer and the other executive officers named in the Summary Compensation
Table (the &#147;Named Executive Officers&#148;). </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<A NAME=A025></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I><U>Overall Compensation
Philosophy</U></I> </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Company&#146;s program is
designed to align compensation with Company performance, business strategy, Company values
and management initiatives. The Company&#146;s overall compensation objectives will
provide a competitive total compensation program designed to attract and retain high
quality individuals and maintain a performance oriented culture that fosters increased
shareholder value. The compensation policy is as follows: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Base salaries will be targeted at a level that allows the Company to attract, retain, and
motivate persons of the highest caliber, with the framework for such decisions based on a
review of the appropriate labor markets. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Incentive plans will be targeted above the competitive median and will be widely used so
that employees participate based on relevant Company, team and individual performance. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>All
compensation programs will be designed to focus performance on the enhancement of
shareholder value.  </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Company has developed an overall
compensation strategy and specific compensation plans that tie a significant portion of
executive compensation to the Company&#146;s success in meeting specified financial goals
and the executive&#146;s success in meeting specific performance goals. As an
executive&#146;s level of responsibility increases, a greater portion of total
compensation is based on performance-based incentive compensation and less on salary and
employee benefits, creating the potential for greater variability in the individual&#146;s
compensation level from year to year. The mix, level and structure of performance-based
incentive elements reflect market industry practices as well as the executive&#146;s role
and relative impact on business results. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Compensation Committee
continually monitors the operation of the Company&#146;s executive compensation program.
This monitoring includes a biennial report from independent compensation consultants
assessing the effectiveness of the Company&#146;s compensation program by comparing the
Company&#146;s executive compensation to a general industry group that is reflective of
the national labor market from which many companies recruit for executive and managerial
talent (the &#147;Comparator Group&#148;). The Comparator Group is not the same as the
peer group that the Company uses in its performance graph. The Compensation Committee
reviews the selection of companies used in the Comparator Group and believes that these
companies fairly represent the Company&#146;s competitors for executive talent. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>12 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Compensation Committee
establishes corporate goals and objectives relevant to the compensation of the Named
Executive Officers and the Company&#146;s other officers. The Compensation Committee
evaluates the performance of the Named Executive Officers and other officers in light of
those goals and objectives and, based on such evaluation, reviews and approves the annual
salary, bonus, stock options and other benefits of theses officers. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The key elements of the
Company&#146;s executive compensation program consist of base salary, annual bonus and
long-term incentives. Senior executive compensation packages are increasingly weighted
toward programs contingent upon the Company&#146;s performance. As a result, actual
compensation levels of senior executives in any particular year may vary within the range
of compensation levels of the competitive marketplace based on the Company&#146;s actual
performance and its prior year&#146;s financial results. Although the Compensation
Committee believes strongly in offering compensation opportunities competitive with those
of comparable members in the Company&#146;s industry, the most important considerations in
setting annual compensation are Company performance and individual contributions. A
general description of the elements of the Company&#146;s compensation package, including
the basis for the compensation awarded to the Company&#146;s Chief Executive Officer for
2003, follows. </FONT></P>

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<A NAME=A026></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U><I>Base Salary</I></U> </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Base salaries are initially
determined by evaluating the responsibilities of the position, the experience of the
individual and the salaries for comparable positions in the competitive marketplace. Base
salary levels for the Company&#146;s executive officers are generally positioned to be
competitive with comparable positions in the Comparator Group. The Compensation Committee
annually reviews each executive officer&#146;s base salary. In determining salary
adjustments for executive officers, the Committee considers various factors, including the
individual&#146;s performance and contribution, the average percentage pay level for
similar positions and the Company&#146;s performance. In the case of executive officers
with responsibility for a particular business unit, such unit&#146;s financial results are
also considered. The Compensation Committee, where appropriate, also considers
nonfinancial performance measures such as improvements in product quality, manufacturing
efficiency gains and the enhancement of relations with Company customers and employees.
The Compensation Committee exercises discretion in setting base salaries within the
guidelines discussed above. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Effective January 1, 2003, Ms.
Johnson-Leipold&#146;s annualized base salary was increased from $440,000 to $462,000 to
reflect the Compensation Committee&#146;s assessment of the factors listed above. </FONT></P>

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<A NAME=A027></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U><I>Bonus Program</I></U></FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Compensation Committee recognizes
the importance of aligning executive compensation with the interests of the shareholders
and believes that improvement in economic value provides an excellent measure of
shareholder returns. The Company currently has in effect the Johnson Outdoors Key
Executive Bonus Plan (&#147;Plan&#148;). The Plan is comprised of two elements which are
as follows: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Achievement
of personalized individual objectives; and</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Performance
against the Company&#146;s Johnson Value Measurement (&#147;JVM&#148;) matrix. </FONT></TD>
</TR>
</TABLE>
<BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>13 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The use of individual objectives
allows for the establishment of goals that each Plan participant can best impact, which
include, but are not limited to: profitability, sales growth, operations efficiency,
market share growth, organizational development, or new item introductions. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The JVM component is aimed directly
at improving economic value. For fiscal year 2003, the matrix included goals for sales
growth and return on capital. The annual award is derived from a matrix of potential
levels of achievement against flexible, annually established goals that take into
consideration factors such as past performance, current market conditions, competition,
growth, capital structure needs, and return on operating capital. The goals support the
attainment of increased shareholder returns while responding to changes both in the
Company&#146;s business and the overall business environment. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Against target, individual payouts
range from 0-200%, and, in all cases, the greater percentage of bonus targets are JVM
based. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Company&#146;s executive officers
are included in the Plan. Target bonuses ranging from 40% to 100% of an executive&#146;s
base salary are established by the Compensation Committee for each executive officer at
the beginning of the year. Target award opportunities are competitive with industry
practices. The Plan includes approximately 100 participants. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Compensation Committee retains
the final authority to approve individual bonuses and may, at its sole discretion, reduce
or eliminate bonuses determined under the Plan formula. In 2003, the Compensation
Committee approved a bonus of $63,339 for Ms. Johnson-Leipold. </FONT></P>

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<A NAME=A028></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U><I>Long-Term Incentives</I></U> </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Long-term incentives are designed to
encourage and create significant ownership of Company stock by key executives, thereby
promoting a close identity of interests between the Company&#146;s management and its
shareholders. Another objective of long-term incentives is to encourage and reward
executives for long-term strategic management and the enhancement of shareholder value.
The Company&#146;s equity-based award practices are designed to be competitive with those
offered by other recreation and sporting goods companies and other leading manufacturing
companies in Wisconsin. To this end, the Compensation Committee considers recommendations
from the Company&#146;s independent compensation consultants in determining the level of
equity-based awards. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Company historically granted two
forms of long-term incentives: stock options and, on a more selective basis, restricted
stock. In December 2002, the Company adopted a phantom share plan to provide an
alternative vehicle for the granting of long-term incentives. Pursuant to the phantom
share plan, on an annual basis, the Compensation Committee fixes a cash target award for
each participant. A participant earns such cash target award (assuming such participant
remains employed by the Company or one of its subsidiaries) subject to the achievement of
performance goals selected by the Compensation Committee in its sole discretion. The
earned cash target award for a participant in any year may be equal to, or less or greater
than, the cash target award established by the Compensation Committee for such participant
for that year under the phantom share plan, but under no circumstance shall such earned
cash target award for a participant be less than 75% or greater than 125% of the cash
target award established by the Compensation Committee for the participant for that year.
That portion, if any, of a cash target award unearned by a participant in the year the
award was granted is forfeited by the participant. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>On the date that a cash target award
is earned, such earned award is immediately converted into that number of phantom shares
equal to (i) the aggregate dollar value of the earned cash target award divided by (ii)
the &#147;fair market value&#148; of one share of Class A common stock on that date. For
purposes of the phantom share plan, the term &#147;fair market value&#148; of one share of
Class A common stock on any given date is the weighted average of the closing sales prices
of the Class&nbsp;A common stock during the 90-day trailing trading period immediately
preceding the date of determination, as reported on the NASDAQ or on such other exchange
or market on which shares of common stock are then traded. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>14 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The phantom shares held by a
participant become 100% vested on the third anniversary of the date on which such phantom
shares are issued, provided that the participant remains continuously employed by the
Company or one of its subsidiaries during that period or except as otherwise provided in
the phantom share plan, and provided further that if the fair market value of the Class A
common stock on the date of vesting has declined by more than 25% as compared with the
fair market value on the date the cash target award was earned, then vesting will be
suspended for one year, and if the fair market value on the fourth anniversary of the date
the phantom shares were issued is at least 75% of the fair market value on the date the
cash target award was earned, then vesting will occur. Phantom shares that do not vest are
forfeited. In the event that phantom shares granted under the phantom share plan vest, the
participant holding such phantom shares shall generally be entitled to receive, within 30
days of the vesting date and in full satisfaction of the vested phantom shares, a cash
payment equal the product of (i)&nbsp;the number of vested phantom shares multiplied by
(ii) the fair market value of one share of Class A common stock based on the ninety-day
trailing average on the date of vesting. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Ms. Johnson-Leipold
was awarded 6,376 phantom shares on December 16, 2002.  </FONT></P>

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<A NAME=A029></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U><I>Compliance with Internal
Revenue Code Section 162(m)</I></U></FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>It is the historical practice of the
Company in all appropriate cases to make the compensation to its executives fully
deductible under Section 162(m) of the Internal Revenue Code and therefore the
Compensation Committee determined that a policy with respect to qualifying compensation
paid to executive officers for deductibility is not necessary. </FONT></P>

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<A NAME=A030></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Compensation
Committee of the Board of Directors </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Thomas F.  Pyle, Jr.  (Chairman)<BR>
Terry E.  London<BR>John M.  Fahey, Jr. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>15 </FONT></P>

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<A NAME=A031></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Summary Compensation
Information </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The following table sets forth
certain information concerning compensation paid for the last three fiscal years to the
Named Executive Officers. </FONT></P>

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<A NAME=A032></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SUMMARY COMPENSATION
TABLE </FONT></H1>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TH COLSPAN=6><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=9><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Annual Compensation</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Long-Term<BR>
Compensation</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Name and Principal<BR>
Position(s)</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3 align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Year</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Salary</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bonus<SUP>(4)</SUP></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Other Annual<BR>
Compensation<SUP>(7)</SUP></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Securities<BR>
Underlying Stock<BR>
Options</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>All Other<BR>
Compensation<SUP>(5)</SUP></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Helen P. Johnson-Leipold</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=2% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2003</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD WIDTH=9% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$  456,500</FONT></TD>
        <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD WIDTH=9% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$   &nbsp;63,339</FONT></TD>
        <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD WIDTH=7% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#151;</FONT></TD>
        <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=9% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD WIDTH=9% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$   &nbsp;67,100</FONT></TD>
        <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Chairman and Chief</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2002</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>435,000</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>619,988</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>30,000</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>49,631</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Executive Officer<SUP>(1)</SUP></FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2001</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>414,375</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>41,023</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>30,000</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>55,513</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>Jervis B. Perkins</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2003</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$  221,730</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$   &nbsp;54,817</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$   &nbsp;22,000</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Chief Operating Officer<SUP>(2)</SUP></FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2002</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2001</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>Paul A. Lehmann</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2003</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$  255,525</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$   &nbsp;52,639</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$   &nbsp;30,208</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Vice President,</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2002</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>245,400</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>224,020</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>20,000</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23,843</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Chief Financial Officer</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2001</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>96,461</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>18,100</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>20,000</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10,117</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>and Secretary<SUP>(3)</SUP></FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>Mamdouh Ashour</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2003</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$  268,817</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$    &nbsp;&nbsp;&nbsp;4,830</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Group Vice President</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2002</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>284,250</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>81,978</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10,000</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>253,080</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>and President &#150; Worldwide</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2001</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>272,750</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>95,899</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>65,020</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10,000</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>232,456</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Diving<SUP>(6)</SUP></FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>Patrick J. O&#146;Brien</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2003</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$  110,966</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$   &nbsp;45,705</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Former President and</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2002</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>324,510</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>421,071</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>25,000</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>38,963</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Chief Operating Officer<SUP>(8)</SUP></FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2001</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>307,230</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>79,519</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#151;</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>25,000</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>40,578</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR>
     <TD COLSPAN=21><HR NOSHADE COLOR=Black SIZE=1></TD></TR>
</TABLE>
<BR>



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<A NAME=A033></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Footnotes to Summary
Compensation Table </FONT></H1>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Ms.
Johnson-Leipold has been Chairman and Chief Executive Officer since March
                    1999. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(2)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Mr.
Perkins was appointed Chief Operating Officer in January 2003. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(3)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Mr.
Lehmann has been Vice President and Chief Financial Officer since May 2001. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(4)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
amounts in the table for the year ended October 3, 2003 consist of amounts
                    accrued under the bonus program. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(5)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
amounts in the table for the year ended October 3, 2003 consist of the
                    following: </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Amounts
to be credited for qualified retirement contributions are $16,000 for
                    Ms. Johnson-Leipold, $16,000 for Mr. Perkins, $16,000 for Mr. Lehmann
and $1,308                     for Mr. O&#146;Brien. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Company
matching contributions to the executives&#146; 401(k) plan accounts
                    during the year ended October 3, 2003 of $6,000 for Ms.
Johnson-Leipold, $6,000                     for Mr. Perkins, $5,300 for Mr. Lehmann,
$5,912 for Mr. Ashour and $2,615 for                     Mr. O&#146;Brien. </FONT></TD>
</TR>
</TABLE>
<BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>16 </FONT></P>

<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 4; page: 4" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>


<!-- MARKER FORMAT-SHEET="Para Hang Lv 1-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Company
contributions to the executives&#146; non-qualified plan accounts during
                    the year ended October 3, 2003 of $45,100 for Ms. Johnson-Leipold, $0
for Mr.                     Perkins, $8,908 for Mr. Lehmann, $12,309 for Mr. Ashour and
$45,705 for Mr.                     O&#146;Brien. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(d) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$13,391
received from Mr. Ashour for prior years&#146; income tax refunds paid
                    by the Company, net cost of living allowances. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(e) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$14,825
of unused vacation paid out to Mr. O&#146;Brien upon his termination. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(6)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Mr.
Ashour was Group Vice President of the Company from October 1997 to August,
                    2003 and President &#150; Worldwide Diving from August 1996 to
August, 2003. Mr.                     Ashour is no longer employed by the Company. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(7)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
amounts in the table consist of reimbursements for the payment of U.S. taxes
                    by Mr. Ashour. The amount of the perquisites and other personal
benefits,                     securities or property paid to each of the Named Executive
Officers is less than                     the lesser of $50,000 or 10% of the total
annual salary and bonus paid to such                     Named Executive Officer. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(8)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Mr.
O&#146;Brien resigned as President and Chief Operating Officer in January
                    2003. </FONT></TD>
</TR>
</TABLE>
<BR>

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<A NAME=A034></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Stock-Based Compensation </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>No stock options were granted to any
of the Named Executive Officers in fiscal 2003. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Other than Mr. O&#146;Brien, the
Named Executive Officers did not exercise any stock options during fiscal 2003. The
following table shows the options exercised in fiscal 2003 and the number of shares
remaining covered by both &#147;exercisable&#148; (i.e., vested) and
&#147;unexercisable&#148; (i.e., unvested) stock options as of October 3, 2003. Also
reported are the values for &#147;in-the-money&#148; options which represent the positive
spread between the exercise price of any such existing stock options and the October 3,
2003 closing price of the Class A common stock of $13.50. </FONT></P>

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<A NAME=A035></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>OPTION EXERCISES IN
LAST FISCAL YEAR AND FISCAL YEAR-END OPTION VALUES  </FONT></H1>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TH COLSPAN=9><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TH>
     <TH COLSPAN=6><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Number of Securities<BR>
Underlying Unexercised<BR>
Options at 10/3/03</FONT><HR WIDTH=90% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=6><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Value of Unexercised<BR>
In-the-Money<BR>
Options at 10/3/03</FONT><HR WIDTH=90% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TH COLSPAN=3 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Name</FONT><HR WIDTH=90% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Shares<BR>
Acquired<BR>
on Exercise</FONT><HR WIDTH=90% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Value<BR>
Realized</FONT><HR WIDTH=90% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exercisable</FONT><HR WIDTH=90% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Unexercisable</FONT><HR WIDTH=90% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exercisable</FONT><HR WIDTH=90% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Unexercisable</FONT><HR WIDTH=90% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=32% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Helen P. Johnson-Leipold</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=2% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=7% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
        <TD WIDTH=3% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=7% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;    --</FONT></TD>
        <TD WIDTH=3% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=7% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>150,000</FONT></TD>
        <TD WIDTH=3% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=7% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>30,000</FONT></TD>
        <TD WIDTH=3% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=7% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$ 857,700</FONT></TD>
        <TD WIDTH=3% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=7% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>203,435</FONT></TD>
        <TD WIDTH=2% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Paul A.  Lehmann</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>19,999</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>20,001</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>138,677</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>130,173</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Jervis B.  Perkins</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Mamdouh Ashour</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Patrick J.  O'Brien</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>103,500</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>693,084</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>68,500</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>436,688</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
</TABLE>
<BR>



<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A036></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Long Term Incentive Plan Awards
in Last Fiscal Year </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pursuant to the Company&#146;s
phantom share plan, on an annual basis, the Compensation Committee fixes a cash target
award for each participant. On the date that a cash target award is earned, such earned
award is immediately converted into that number of phantom shares equal to (i)&nbsp;the
aggregate dollar value of the earned cash target award divided by (ii) the fair market
value of one share of Class A common stock based on the ninety-day trailing average on
that date. The phantom shares held by a participant become 100% vested on the third
anniversary of the date on which such phantom shares are issued, provided that the
participant remains continuously employed by the Company or one of its subsidiaries during
that period or except as otherwise provided in the phantom share plan, and provided
further that if the fair market value of the Class A common stock on the date of vesting
has declined by more than 25% as compared with the fair market value on the date the cash
target award was earned, then vesting will be suspended for one year, and if the fair
market value on the fourth anniversary of the date the phantom shares were issued is at
least 75% of the fair market value on the date the cash target award was earned, then
vesting will occur. Upon vesting, the participant holding such phantom shares is generally
entitled to receive, within 30 days of the vesting date and in full satisfaction of the
vested phantom shares, a cash payment equal the product of (i)&nbsp;the number of vested
phantom shares multiplied by (ii) the fair market value of one share of Class A common
stock based on the ninety-day trailing average on the date of vesting. </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>17 </FONT></P>

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<!-- MARKER PAGE="sheet: 5; page: 5" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>


<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Set forth below are the grants of
phantom shares made to the Named Executive Officers in the last fiscal year. Mr. Perkins
did not receive phantom shares in the last fiscal year since he did not join the Company
until January 2003. Mr. O&#146;Brien did not receive phantom shares in the last fiscal
year. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Default" -->
<A NAME=A037></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>LONG-TERM INCENTIVE
PLAN&#151;AWARDS IN LAST FISCAL YEAR </FONT></H1>




<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TH COLSPAN=3 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Name</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Number of shares, units<BR>
or other rights (#)</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Performance or other period until<BR>
maturation or payout</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=47% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Helen P. Johnson-Leipold</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=2% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=14% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6,376</FONT></TD>
        <TD WIDTH=3% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3 Years</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Paul A. Lehmann</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4,251</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3 Years</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Mamdouh Ashour <SUP>(1)</SUP></FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1,594</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3 Years</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR>
     <TD COLSPAN=9><HR NOSHADE COLOR=Black SIZE=1></TD></TR>
</TABLE>
<BR>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><SUP>(1)</SUP></FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In
connection with his departure from the Company, Mr. Ashour&#146;s           phantom
shares were forfeited </FONT></TD>
</TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>18 </FONT></P>

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<HR SIZE=5 COLOR=GRAY NOSHADE>


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<A NAME=A038></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Total Shareholder Return </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The graph below compares on a
cumulative basis the yearly percentage change since October 2, 1998 in (a)&nbsp;the total
return (assuming reinvestment of dividends) to shareholders on the Class A common stock
with (b) the total return (assuming reinvestment of dividends) on The NASDAQ Stock
Market-U.S. Index; (c) the total return (assuming reinvestment of dividends) on the
Russell 2000 Index and (d) the total return (assuming reinvestment of dividends) on a
self-constructed peer group index. The peer group consists of the Company, K2, Inc.,
Brunswick Corporation and Huffy Corporation. The graph assumes $100 was invested on
October 2, 1998 in Class A common stock, The NASDAQ Stock Market-U.S. Index, the Russell
2000 Index and the peer group index. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Default" -->
<A NAME=A039></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[GRAPHIC OMITTED] </FONT></H1>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10/2/98</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10/1/99</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>9/29/00</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>9/28/01</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>9/27/02</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10/3/03</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=34% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Johnson Outdoors</FONT></TD>
     <TD WIDTH=11% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>100.00</FONT></TD>
     <TD WIDTH=11% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>105.15</FONT></TD>
     <TD WIDTH=11% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>81.62</FONT></TD>
     <TD WIDTH=11% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>76.12</FONT></TD>
     <TD WIDTH=11% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>128.24</FONT></TD>
     <TD WIDTH=11% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>158.82</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>NASDAQ Market Index (U.S.)</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>100.00</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>170.57</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>227.71</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>93.10</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>75.06</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>117.49</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Russell 2000 Index</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>100.00</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>122.62</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>152.66</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>120.28</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>108.94</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>156.45</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Peer Group</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>100.00</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>150.58</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>119.39</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>105.54</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>138.51</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>181.91</FONT></TD></TR>
<TR>
     <TD COLSPAN=7><HR NOSHADE COLOR=Black SIZE=1></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<A NAME=A040></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2003 NON-EMPLOYEE
DIRECTOR STOCK OWNERSHIP PLAN </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A041></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>General </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The purpose of the Johnson Outdoors
Inc. 2003 Non-Employee Director Stock Ownership Plan (the &#147;2003 Director Plan&#148;)
is to promote the long-term growth and financial success of the Company by attracting and
retaining non-employee directors of outstanding ability and assisting the Company in
promoting a greater identity of interest between the Company&#146;s non-employee directors
and its shareholders. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Company currently has in effect
the 1994 Non-Employee Director Stock Ownership Plan (the &#147;1994 Director Plan&#148;).
As of December 4, 2003, approximately 18,852 shares of Class A common stock remained
available for the granting of additional awards under the 1994 Director Plan. Pursuant to
the terms of the 1994 Director Plan, it terminates January 27, 2004. To allow for future
equity-based compensation awards to be made by the Company to its non-employee directors,
the 2003 Director Plan was adopted by the Board of Directors on December 4, 2003 and
became effective as of that date, subject to approval of the 2003 Director Plan by the
shareholders of the Company within twelve months of such effective date. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The following is a summary
description of the 2003 Director Plan. </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>19 </FONT></P>

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<A NAME=A042></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Administration </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Each non-employee director is
automatically entitled, as described below, to receive grants of specified awards under
the 2003 Director Plan. The Board of Directors may designate a committee of the Board to
administer the 2003 Director Plan. Any such committee must consist of at least two
directors, each of whom must qualify as a &#147;non-employee director&#148; within the
meaning of Rule 16b-3 under the Securities Exchange Act of 1934, as amended. If at any
time no such committee exists, the 2003 Director Plan will be administered by the members
of the Board of Directors who do qualify as non-employee directors, outside directors and
independent directors. The Board of Directors has designated the Compensation Committee to
administer the 2003 Director Plan. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A043></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Awards Under the 2003
Director Plan; Available Stock </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The 2003 Director Plan provides for
the grant to non-employee directors of non-qualified stock options and restricted stock.
The 2003 Director Plan provides that up to a total of 150,000 shares of Class A common
stock (subject to adjustment as described below) will be available for the granting of
awards thereunder. If any shares subject to awards granted under the 2003 Director Plan,
or to which any award relates, are forfeited or if an award otherwise terminates, expires
or is cancelled prior to the delivery of all of the shares issuable pursuant to the award,
such shares (assuming the holder of the award did not receive dividends on the shares or
exercise other indicia of ownership) will be available for the granting of new awards
under the 2003 Director Plan. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A044></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Terms of Awards </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The 2003 Director Plan provides that,
on the first business day after the Company&#146;s annual meeting of shareholders, each
non-employee director of the Company automatically receives a combined stock option and
restricted stock award. The award is intended to deliver a greater portion of director
compensation in the form of equity, with the aggregate award providing an annual economic
value of $20,000, or such other amount as the committee administering the plan may
determine. Generally, the annual economic value is equally divided between restricted
stock awards and stock options, with the basis for the division as follows: the restricted
stock shares at the fair market value on date of award, and the stock options valued as of
the date of the grant using the Black-Scholes Model. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Stock Options</I>. Each
non-employee director of the Company will automatically be granted on the date following
the Company&#146;s annual meeting of shareholders in each year during the existence of the
2003 Director Plan stock options having a fair value of $10,000 (valued as of the date of
the grant using the Black-Scholes Model), or such other amount as the appropriate
committee may determine. On the date on which a non-employee director is first elected or
appointed as a director of the Company during the existence of the 2003 Director Plan,
such non-employee director will automatically receive, as an initial grant, stock options
having a fair value of $10,000 (or such other amount as the committee may determine), as
if such director had been a director on the first business day following the most recent
annual meeting of shareholders. A non-employee director who is first elected as a director
of the Company on the date of the annual meeting of shareholders and who receives a grant
of stock options on that date under the 2003 Director Plan will not be eligible to receive
additional grants of stock options under the 2003 Director Plan until the first business
day following the next succeeding annual meeting of shareholders. The exercise price for
such options will be the fair market value of a share of Class A common stock on the date
of grant. Options will have a term of ten years and become fully exercisable one year
after the date of grant. </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>20 </FONT></P>

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<HR SIZE=5 COLOR=GRAY NOSHADE>


<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>If for any reason other than death a
non-employee director ceases to be a director of the Company one year or more after his or
her initial election or appointment to the Board of Directors while holding a vested
option granted under the 2003 Director Plan, such option shall continue to be exercisable
for a period of three years after such termination or the remainder of the option term,
whichever is shorter. Any unvested options will be cancelled as of the date of such
termination. If for any reason other than death a non-employee director ceases to be a
director of the Company within one year of the director&#146;s initial election or
appointment to the Board of Directors, any option granted under the 2003 Director Plan and
held by the director will be cancelled as of the date of such termination. In the event a
non-employee director dies, any unvested option granted under the 2003 Director Plan to
such director will immediately vest and be exercisable by the director&#146;s designated
beneficiary, or, in the absence of a designated beneficiary, by will or in accordance with
the laws of descent and distribution for a period of three years following the date of
death. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Options will be exercised by payment
in full of the exercise price either in cash, previously acquired shares of Class A common
stock, or such other forms or combinations of forms of consideration as the committee
administering the plan may approve. Options may not be sold, assigned, transferred or
disposed of in any manner other than by will or the laws of descent and distribution,
except as otherwise provided by the appropriate committee. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Restricted Stock Awards</I>. Each
non-employee director of the Company will automatically be granted on the date following
the Company&#146;s annual meeting of shareholders in each year during the existence of the
2003 Director Plan shares of Class A common stock having a fair market value of $10,000
(calculated as of the date of such award), or such other amount as the appropriate
committee may determine. On the date on which a non-employee director is first elected or
appointed as a director of the Company during the existence of the 2003 Director Plan,
such non-employee director will automatically receive as an initial award shares of Class
A common stock having a fair market value of $10,000 (or such other amount as the
committee may determine), as if such director had been a director on the first business
day following the most recent annual meeting of shareholders A non-employee director who
is first elected as a director of the Company on the date of the annual meeting of
shareholders and who receives a grant of restricted stock on that date under the 2003
Director Plan will not be eligible to receive additional grants of restricted stock under
the 2003 Director Plan until the first business day following the next succeeding annual
meeting of shareholders. Shares of Class A common stock granted to a non-employee director
will not be eligible to be sold or otherwise transferred while the non-employee director
remains a director of the Company and thereafter the restrictions will lapse. However, a
non-employee director will be able to transfer the shares to any trust or other estate in
which the director has a substantial interest or a trust of which the director serves as
trustee and to his or her spouse and certain other related persons, provided the shares
will continue to be subject to the transfer restrictions described above. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A045></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Adjustments </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In the event of any stock dividend,
stock split, combination or exchange of shares, merger, consolidation, spin-off,
recapitalization or other distribution affecting the Class A common stock such that an
adjustment is determined by the Board of Directors or the appropriate committee to be
appropriate in order to prevent dilution or enlargement of the benefits or potential
benefits intended to be made available under the 2003 Director Plan, then the Board of
Directors or such committee may, in such manner as it may deem equitable, adjust any or
all of (1) the number and type of shares that may be issued under the 2003 Director Plan,
and (2) the number and type and exercise price of shares subject to outstanding options
under the 2003 Director Plan; provided, however, that such adjustments are consistent with
the effect on other shareholders arising from any such action. </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>21 </FONT></P>

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<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A046></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Amendment and Termination </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Except as set forth below, the Board
of Directors may at any time amend, suspend or terminate the 2003 Director Plan, including
without limitation an amendment to decrease or increase the amount of shares of Class A
common stock available for awards; provided, however<I>,</I> that shareholder approval of
any amendment of the 2003 Director Plan will be obtained if otherwise required by (a) the
Internal Revenue Code or any rules promulgated thereunder, (b) the listing requirements of
the principal national securities exchange, national securities association or
over-the-counter market on which the Class A common stock is then traded, or (c) any other
applicable law. To the extent permitted by applicable law, the committee administering the
2003 Director Plan may also amend it, provided that any such amendments by the committee
must be reported to the Board of Directors. The Board of Directors and the committee
administering the 2003 Director Plan are prohibited from amending the 2003 Director Plan
to permit repricing. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A047></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Certain Federal Income
Tax Consequences </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Stock Options</I>. The stock
options under the 2003 Director Plan will be non-qualified stock options for federal
income tax purposes. The grant of such stock options will create no income tax
consequences to the non-employee director or the Company. A non-employee director will
generally recognize ordinary income at the time of exercise in an amount equal to the
excess of the fair market value of the Class A common stock at such time over the exercise
price. The Company will be entitled to a deduction in the same amount and at the same time
as ordinary income is recognized by the non-employee director. A subsequent disposition of
the Class A common stock will give rise to capital gain or loss to the extent the amount
realized from the sale differs from the tax basis, i.e., the fair market value of the
Class A common stock on the date of exercise. This capital gain or loss will be a
long-term capital gain or loss if the Class A common stock had been held for more than one
year from the date of exercise. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Restricted Stock Awards</I>. The
restricted stock under the 2003 Director Plan will be considered unrestricted property
(rather than restricted stock) for federal income tax purposes. A non-employee director
will recognize ordinary income as of the date of the award in an amount equal to the fair
market value of such restricted stock on the date of the award. The Company will be
entitled to a corresponding deduction in the same amount and at the same time as the
non-employee director recognizes income. Any cash dividends received with respect to the
restricted stock will be treated as dividend income to the non-employee director in the
year of payment and will not be deductible by the Company. Any otherwise taxable
disposition of the restricted stock will result in capital gain or loss (long-term or
short-term depending on the holding period). </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A048></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Future Awards </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>No awards have been made to date
under the 2003 Director Plan. Assuming shareholders approve the 2003 Director Plan at the
Annual Meeting, each non-employee director will receive a combined stock option and
restricted stock award, with the aggregate award providing an economic value of $20,000.
The following table illustrates the benefits the Company&#146;s non-employee directors
would have received during the fiscal year ended October 3, 2003 if the 2003 Director Plan
had been in effect: </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>22 </FONT></P>

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<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TH COLSPAN=3 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Name</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Dollar Value ($) of<BR>
Options and Restricted<BR>
Stock in Aggregate</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Number of Shares<BR>
Subject to Options</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Number of Shares of<BR>
Restricted Stock</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=51% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>John M.  Fahey, Jr</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=3% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=8% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$&nbsp;&nbsp;&nbsp;  20,000</FONT></TD>
        <TD WIDTH=6% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=8% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4,150</FONT></TD>
        <TD WIDTH=6% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=8% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>966</FONT></TD>
        <TD WIDTH=6% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Gregory E.  Lawton</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$&nbsp;&nbsp;&nbsp;  20,000</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4,150</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>966</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Terry E.  London</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$&nbsp;&nbsp;&nbsp;  20,000</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4,150</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>966</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Samuel C.  Johnson</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$&nbsp;&nbsp;&nbsp;  20,000</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4,150</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>966</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Thomas F.  Pyle, Jr</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$&nbsp;&nbsp;&nbsp;  20,000</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4,150</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>966</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Executive Group</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;       0</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>0</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>0</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Non-Executive Director Group</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$&nbsp; 100,000</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>20,750</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4,830</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Non-Executive Officer</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Employee Group</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;       0</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>0</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>0</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR>
     <TD COLSPAN=12><HR NOSHADE COLOR=Black SIZE=1></TD></TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>On January 13, 2004, the last
reported sales price per share of the Class A common stock on The NASDAQ Stock Market was
$15.91. </FONT></P>

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<A NAME=A049></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Equity Compensation Plan
Information </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The following table presents
information on the Company&#146;s existing equity incentive plans as of October&nbsp;3,
2003. </FONT></P>



<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Number of shares to be<BR>
issued upon exercise of<BR>
outstanding options</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Weighted average<BR>
exercise price of<BR>
outstanding options</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Number of shares<BR>
remaining available for<BR>
future issuance under<BR>
equity compensation plans<BR>
(excluding shares<BR>
reflected in Column A)</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>A</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>B</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>C</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Equity Compensation Plans approved</FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;by shareholders</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>690,885</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$  8.80</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>199,520</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Equity Compensation Plans not</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;approved by shareholders</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>--</FONT></TD></TR>
<TR>
     <TD COLSPAN=4><HR NOSHADE COLOR=Black SIZE=1></TD></TR>
</TABLE>
<BR>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><SUP>(1)</SUP></FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>All
of the available shares under the 1994 Non-Employee Director Stock Ownership
          Plan (18,852) and under the 2000 Long-Term Stock Incentive Plan (123,839) may
be           issued upon the exercise of stock options or granted as restricted stock,
and,           in the case of the 2000 Long-Term Stock Incentive Plan, as share units.
The 1994           Non-Employee Director Stock Ownership Plan will terminate on January&nbsp;27,
          2004 in accordance with its terms. There are 56,829 shares available for
          issuance under the Johnson Outdoors Inc. 1987 Employees&#146; Stock Purchase
          Plan, as amended. </FONT></TD>
</TR>
</TABLE>
<BR>

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<A NAME=A050></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Vote Required </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Assuming a quorum is present at the
Annual Meeting to approve the 2003 Director Plan, the number of votes cast in favor of the
2003 Director Plan must exceed the number of votes cast in opposition to it. Abstentions
and broker non-votes will be counted for purposes of determining the presence of a quorum,
as noted below, but will not constitute a vote &#147;for&#148; or &#147;against&#148; any
matter and will be disregarded in the calculation of &#147;votes cast.&#148; Abstentions
and broker non-votes will be counted as present in determining whether there is a quorum.
A &#147;broker non-vote&#148; occurs when a broker submits a proxy card with respect to
shares that the broker holds on behalf of another person, but declines to vote on a
particular matter because the broker does not have authority to vote on the matter. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23 </FONT></P>

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<HR SIZE=5 COLOR=GRAY NOSHADE>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Board of Directors recommends a
vote &#147;FOR&#148; the 2003 Director Plan. Shares of common stock represented at the
Annual Meeting by executed but unmarked proxies will be voted &#147;FOR&#148; the 2003
Director Plan, unless a vote against the 2003 Director Plan or to abstain from voting is
specifically indicated on the proxy. </FONT></P>

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<A NAME=A051></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>AMENDMENT OF JOHNSON
OUTDOORS INC. <BR>1987 EMPLOYEES&#146; STOCK PURCHASE PLAN </FONT></H1>

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<A NAME=A053></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>General </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The proposed amendment to the Johnson
Outdoors Inc. 1987 Employees&#146; Stock Purchase Plan (the &#147;1987 Plan&#148;) would
change the eligibility provision to allow participation by certain &#147;highly
compensated employees,&#148; consisting of any employee who is a president, vice president
or director level employee of a designated corporation, other than a highly compensated
employee who has been granted or awarded a stock option, stock appreciation right or stock
award under the Johnson Outdoors Inc. 2000 Long-Term Stock Incentive Plan. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The 1987 Plan was originally adopted
by the Board of Directors on December 11, 1987 and approved by the shareholders on January
28, 1988. The Board of Directors approved the amendment to the 1987 Plan on December 4,
2003, subject to shareholder approval. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The following is a summary
description of the 1987 Plan. </FONT></P>

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<A NAME=A054></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Purpose </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The purpose of the 1987 Plan is to
provide employees of the Company and its subsidiaries with the opportunity to purchase
shares of Class A common stock and thereby share in the ownership of the Company. </FONT></P>

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<A NAME=A055></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Administration </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The 1987 Plan is required to be
administered by a committee of the Board of Directors consisting of not less than two
directors who are disinterested persons within the meaning of Rule 16b-3 under the
Securities Exchange Act of 1934. The Compensation Committee currently serves as the
administrator of the 1987 Plan. Among other functions, the committee has authority to
establish the terms and conditions for grants of purchase rights and adopt such rules or
regulations which may be necessary or advisable for the operation of the 1987 Plan. </FONT></P>

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<A NAME=A056></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Stock Subject to Plan </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The 1987 Plan reserves 210,000 shares
of Class A common stock for issuance, subject to appropriate adjustment in the event of
payment of stock dividends or changes in the common stock by reason of a stock split,
reorganization, recapitalization, merger, consolidation or similar event. As of December
4, 2003, 56,829 shares remained available for future grants of purchase rights. </FONT></P>

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<A NAME=A057></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Eligibility </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>From time to time the committee
administering the plan designates from the group consisting of the Company, its parent and
subsidiary corporations, the corporations whose employees may participate in the 1987 Plan
(each a &#147;Designated Corporation&#148;). Currently, &#147;full-time&#148; employees of
a Designated Corporation who are of legal age for the purpose of executing a binding
contract not subject to disaffirmance in the state of their residence, other than highly
compensated employees, are eligible to participate. There are currently 975 employees of
Designated Corporations eligible to participate in the 1987 Plan. In any event, no
employee of a Designated Corporation may participate if he or she would own, directly or
indirectly, 5% or more of the total combined voting power or value of all classes of
Company common stock. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>24 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The proposed amendment would change
the exception to allow participation by any highly compensated employee of a Designated
Corporation who is a president, vice president or director level employee, other than a
highly compensated employee who has been granted or awarded a stock option, stock
appreciation right or stock award under the Johnson Outdoors Inc. 2000 Long-Term Stock
Incentive Plan. </FONT></P>

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<A NAME=A058></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Awards Under the 1987
Plan </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Rights to purchase a maximum of 250
shares (unless otherwise determined by the committee administering the plan) will be
granted to eligible employees on such dates as may be determined by the committee. The
purchase price per share will be the lesser of either 85% of the fair market value of the
Class A common stock on the first day of the offer or 85% of the fair market value of the
Class A common stock at the end of the Purchase Period (as defined below). The committee
administering the plan may specify the aggregate number of shares of Class A common stock
available for purchase by all eligible employees during a Purchase Period. </FONT></P>

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<A NAME=A059></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exercise </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>All purchase rights are exercisable,
in whole or in part, at any time during the 30-day period following the date of grant (the
&#147;Purchase Period&#148;); provided, however, that no employee may exercise his or her
purchase rights for less than the minimum number of shares designated by the committee
administering the plan and provided, further, that an exercise will not be effective until
the last day of the Purchase Period. Each purchase right granted under the 1987 Plan will
expire at the end of the Purchase Period. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In the event the employees exercise
rights to purchase an aggregate number of shares in excess of the maximum number available
during a Purchase Period, the committee administering the plan may adjust the number of
shares which may be purchased by an employee according to such non-discriminatory rules
and regulations as the committee may establish. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A060></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Termination and Amendment </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The 1987 Plan will terminate on such
date as may be determined by the Board of Directors. The Board of Directors may amend or
terminate the 1987 Plan, provided that unless approved by the shareholders, no amendment
will (i) increase the maximum number of shares of Class A common stock which may be
purchased under the 1987 Plan, except as permitted by the anti-dilution provisions of the
1987 Plan; (ii) modify the requirements as to eligibility for participation in the Plan;
(iii) change the class of corporations whose employees will be granted purchase rights
under the Plan; or (iv) materially increase the benefits to participants under the 1987
Plan. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A061></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Limits on Transferability </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Purchase rights are not transferable
other than by will or the laws of descent and distribution and are exercisable during an
employee&#146;s lifetime only by the employee. In the event of termination of employment
of an employee, all rights of the employee under the 1987 Plan will terminate. </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>25 </FONT></P>

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<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A062></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Federal Income Tax
Consequences </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>No income is recognized by an
employee on the grant or exercise of a purchase right granted under the 1987 Plan. If the
shares acquired upon exercise are held for at least two years from the date of grant and
one year from the date of exercise, or in the event of the employee&#146;s death (whenever
occurring) while owning the shares, the lesser of the discount portion of the option price
(discount from fair market value at time of grant) or the actual gain will be ordinary
income (however, the Company will not be allowed a deduction for this amount); any excess
will be a long-term capital gain (in the case of a sale) or eligible for a step-up in
basis in accordance with rules normally applicable with respect to stock held by a
decedent on death. If the stock is disposed of prior to the expiration of the above
holding periods (other than on account of death), the excess of the fair market value at
the time of exercise over the option price will be treated as ordinary income to the
employee and the Company will be allowed a deduction in this amount. Any additional gain
is a long-term or short-term capital gain depending on the holding period. If the amount
realized on the sale is less than the fair market value at the time of exercise, the
amount of ordinary income (and amount deductible by the Company) is limited to the amount
of gain realized. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A063></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Future Grants </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>If the proposed amendment regarding
the change in eligibility is approved, it is anticipated that the Company&#146;s executive
and senior officers, including the Named Executive Officers who own, directly or
indirectly, less than 5% of the total combined voting power or value of all classes of
Company common stock, will be eligible to participate in the 1987 Plan. Even if the
amendment is approved, it is presently anticipated that highly compensated employees of a
Designated Corporation will not be given the opportunity to purchase shares under the 1987
Plan in 2004. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Company cannot currently
determine which executive officers of the Company will be granted a right to purchase
shares of Class A common stock under the 1987 Plan in the future, or which other employees
will be granted such right in the future. The Compensation Committee will make such
determinations from time to time as described in the 1987 Plan. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>On January 13, 2004, the last
reported sales price per share of the Class A common stock on The NASDAQ Stock Market was
$15.91. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A064></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Vote Required </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Assuming a quorum is present at the
Annual Meeting, to approve the amendment to the 1987 Plan, the number of votes cast in
favor of the amendment must exceed the number of votes cast in opposition to it.
Abstentions and broker non-votes will be counted for purposes of determining the presence
of a quorum, as noted below, but will not constitute a vote &#147;for&#148; or
&#147;against&#148; any matter and will be disregarded in the calculation of &#147;votes
cast.&#148; Abstentions and broker non-votes will be counted as present in determining
whether there is a quorum. A &#147;broker non-vote&#148; occurs when a broker submits a
proxy card with respect to shares that the broker holds on behalf of another person, but
declines to vote on a particular matter because the broker does not have authority to vote
on the matter. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Board of Directors recommends a
vote &#147;FOR&#148; the proposed amendment to the 1987 Plan. The shares represented by
the proxies received will be voted FOR approval of the proposed amendment, unless a vote
against such approval or to abstain from voting is specifically indicated on the proxy. </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>26 </FONT></P>

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<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<A NAME=A065></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CERTAIN TRANSACTIONS </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Company purchases certain
services primarily from S. C. Johnson &amp; Son, Inc. (&#147;S.C. Johnson&#148;) and, to a
lesser extent, from other organizations controlled by Samuel C. Johnson, a director of the
Company, and the Johnson Family (including Helen P. Johnson-Leipold, Chairman and Chief
Executive Officer of the Company). For example, the Company leases its Headquarters
facility from S.C. Johnson and S.C. Johnson provides the Company with (1) administrative
services pertaining to things like automobile leasing, office equipment leasing and travel
services; (2) information processing and telecommunication services; (3) use of S.C.
Johnson&#146;s aircraft and crews, pursuant to a time sharing agreement; and (4) from time
to time, certain loaned employees. The Company believes that the amounts paid to these
organizations are no greater than the fair market value of the services. The total amount
incurred by the Company for the foregoing services during the fiscal year ended October 3,
2003 was approximately $1,825,000. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<A NAME=A066></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>INDEPENDENT AUDITORS </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A067></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Change in Independent
Auditors in 2002 </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>On May 17, 2002, the Company notified
Arthur Andersen LLP (&#147;Andersen&#148;) that its appointment as principal accountants
would be terminated effective upon completion of Andersen&#146;s limited review of the
Company&#146;s results for the second quarter of the fiscal year ended September 27, 2002.
Prior to this dismissal, Andersen was engaged by the Company as the principal accountants
to audit the Company&#146;s financial statements. The Company&#146;s Audit Committee
approved the decision to change independent accountants. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The report of Andersen on the
financial statements for the fiscal year immediately prior to Andersen&#146;s dismissal
(Andersen was not the Company&#146;s accountant for the fiscal year ended September 29,
2000) contained no adverse opinion or disclaimer of opinion and was not qualified or
modified as to uncertainty, audit scope or accounting principle. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In connection with Andersen&#146;s
audits for the fiscal year immediately prior to Andersen&#146;s dismissal and through May
17, 2002 (Andersen was not the Company&#146;s accountant for the fiscal year ended
September 29, 2000), the Company had no disagreements with Andersen on any matter of
accounting principles or practices, financial statement disclosure, or auditing scope or
procedure, which disagreements if not resolved to the satisfaction of Andersen would have
caused Andersen to make reference thereto in their report on the financial statement for
such year. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>On May 17, 2002, the Company engaged
Ernst &amp; Young LLP (&#147;Ernst &amp; Young&#148;) to serve as independent auditors for
the purpose of auditing the consolidated financial statements of the Company for the
fiscal year ended September 27, 2002. During the two fiscal years immediately preceding
the engagement of Ernst &amp; Young and through May 17, 2002, the Company had not
consulted with Ernst &amp; Young regarding any of the matters identified in Item
304(a)(2)(i) or (ii) of Regulation S-K. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A068></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Independent
Auditors&#146; Fees </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In connection with the fiscal years
ended October 3, 2003 and September 27, 2002, Ernst &amp; Young provided various audit and
non-audit services to the Company and billed the Company for these services as follows: </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>a)  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Audit
Fees</I>. Fees for audit services totaled $616,725 and $329,230 in 2003
               and 2002, respectively, including fees with the annual audit, the reviews
of the                Company&#146;s quarterly reports on Form 10-Q, and statutory audits
required                internationally. </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>b) </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Audit
Related Fees</I>. Fees for audit-related services totaled $22,801 and
               $12,437 in 2003 and 2002, respectively, including benefit plan audits and
               Sarbanes-Oxley consultation. </FONT></TD>
</TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>27 </FONT></P>

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<!-- MARKER PAGE="sheet: 15; page: 15" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>


<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>c) </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Tax
Fees</I>. Fees for tax services, including tax compliance and tax
               consultation, totaled $179,700 and $19,200 in 2003 and 2002, respectively. </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>d) </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>All
Other Fees</I>. Fees for all other services not included above totaled
               $3,200 and $6,400 in 2003 and 2002, respectively. </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Audit Committee pre-approves all
audit and permissible non-audit services provided by the independent auditors on a
case-by-case basis. Since May 6, 2003, the Audit Committee has approved 100% of the
services described under <I>Audit-Related Fees</I>, <I>Tax Fees</I> and <I>All Other
Fees</I>. The Audit Committee has considered whether the provision of the <I>Audit-Related
Fees</I>, <I>Tax Fees</I> and <I>All Other Fees</I> was compatible with maintaining the
independence of Ernst &amp; Young and determined that such services did not adversely
affect the independence of Ernst &amp; Young. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Representatives of Ernst &amp; Young
will be present at the Annual Meeting and will have an opportunity to make a statement if
they so desire and to respond to appropriate questions. The Audit Committee will not
choose independent public accountants for the purpose of auditing the consolidated
financial statements of the Company for the year ending October 1, 2004 until after the
Annual Meeting. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<A NAME=A069></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SHAREHOLDER PROPOSALS </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>All shareholder proposals pursuant to
Rule 14a-8 under the Securities Exchange Act of 1934, as amended (&#147;Rule 14a-8&#148;),
for presentation at the 2005 Annual Meeting of Shareholders must be received at the
offices of the Company, 555 Main Street, Racine, Wisconsin 53403 by September 30, 2004 for
inclusion in the proxy statement and form of proxy relating to the meeting. In addition, a
shareholder who otherwise intends to present business at the 2005 Annual Meeting of
Shareholders must comply with the requirements set forth in the Company&#146;s Bylaws.
Among other things, to bring business before an annual meeting, a shareholder must give
written notice thereof, complying with the Bylaws, to the Secretary of the Company not
more than 90 days prior to the date of such annual meeting and not less than the close of
business on the later of (i) the 60th day prior to such annual meeting and (ii) the 10th
day following the day on which public announcement of the date of such meeting is first
made. Under the Bylaws, if the Company does not receive notice of a shareholder proposal
submitted otherwise than pursuant to Rule 14a-8 (<I>i.e</I>., proposals shareholders
intend to present at the 2005 Annual Meeting of Shareholders but do not intend to have
included in the Company&#146;s proxy statement and form of proxy for such meeting) prior
to the close of business on December 27, 2004 (assuming a February 25, 2005 meeting date),
then the notice will be considered untimely and the Company will not be required to
present such proposal at the 2005 Annual Meeting of Shareholders. If the Board of
Directors chooses to present such proposal at the 2005 Annual Meeting of Shareholders,
then the persons named in proxies solicited by the Board of Directors for the 2005 Annual
Meeting of Shareholders may exercise discretionary voting power with respect to such
proposal. The 2005 Annual Meeting of Shareholders is tentatively scheduled to be held on
February 25, 2005. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<A NAME=A070></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SECTION 16(a)
BENEFICIAL OWNERSHIP REPORTING COMPLIANCE </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 16(a) of the Securities
Exchange Act of 1934 requires the Company&#146;s executive officers, directors, and more
than 10% shareholders to file with the Securities and Exchange Commission reports on
prescribed forms of their ownership and changes in ownership of Company stock and furnish
copies of such forms to the Company. Based solely on a review of the copies of such forms
furnished to the Company, or written representations that no Form 5 was required to be
filed, the Company believes that during the year ended October 3, 2003, all reports
required by Section 16(a) to be filed by the Company&#146;s officers, directors and more
than 10% shareholders were filed on a timely basis, with the exception of each of Messrs.
Fahey, Johnson, Lawton, London and Pyle filing one late Form 4 reporting the grant of
options and restricted stock. </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>28 </FONT></P>

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<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<A NAME=A071></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>OTHER MATTERS </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Company has filed an Annual
Report on Form 10-K with the Securities and Exchange Commission for the fiscal year ended
October 3, 2003. This Form 10-K will be bound with the Company&#146;s 2003 Annual Report
to Shareholders and mailed to each person who is a record or beneficial holder of shares
of Class A common stock or Class B common stock on the record date for the Annual Meeting.
Pursuant to, and in accordance with, the rules of the Securities and Exchange Commission,
the Company, where allowed, is delivering only one copy of the Company&#146;s 2003 Annual
Report on Form 10-K and this Proxy Statement to multiple shareholders sharing an address
unless the Company has received contrary instructions from one or more of the
shareholders. Upon written or oral request, the Company will promptly deliver a separate
copy of the Company&#146;s 2003 Annual Report on Form 10-K and/or this Proxy Statement to
any shareholder at a shared address to which a single copy of the document was delivered.
If you are a shareholder residing at a shared address and would like to request an
additional copy of the Company&#146;s 2003 Annual Report on Form 10-K and/or this Proxy
Statement now or with respect to future mailings (or to request to receive only one copy
of the Annual Report and Proxy Statement if you are currently receiving multiple copies),
then you may notify the Company by writing to the Corporate Secretary, Johnson Outdoors
Inc., 555 Main Street, Suite 028, Racine, Wisconsin 53403 or via the internet to:
corporate@johnsonoutdoors.com. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The cost of soliciting proxies will
be borne by the Company. The Company expects to solicit proxies primarily by mail. Proxies
may also be solicited in person or by telephone by certain officers and employees of the
Company. It is not anticipated that anyone will be specially engaged to solicit proxies or
that special compensation will be paid for that purpose. The Company will reimburse
brokers and other nominees for their reasonable expenses in communicating with the persons
for whom they hold stock of the Company. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Neither the Board of Directors nor
management intends to bring before the Annual Meeting any matters other than those
referred to in the Notice of Annual Meeting and this Proxy Statement. In the event that
any other matters shall properly come before the Annual Meeting, it is the intention of
the persons named in the proxy forms to vote the shares represented by each such proxy in
accordance with their judgment on such matters. </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=60% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By Order of the Board of Directors</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>/s/ Paul A. Lehmann</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Paul A. Lehmann</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Secretary</FONT></TD></TR>
</TABLE>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>29 </FONT></P>

<!-- MARKER PAGE="sheet: 2; page: 2" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<A NAME=A072></A>
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>ANNEX A</B> </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<A NAME=A073></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>Johnson Outdoors Inc. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>CHARTER OF THE AUDIT
COMMITTEE OF THE BOARD OF DIRECTORS  </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<A NAME=A075></A>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>I.</B>  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>PURPOSE</B> </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The primary function of the Audit
Committee (the &#147;Committee&#148;) is to assist the Board of Directors (the
&#147;Board&#148;) of Johnson Outdoors Inc. (the &#147;Company&#148;) in fulfilling its
oversight responsibilities by overseeing: (a) the controls and other procedures of the
Company that are designed to ensure that the information required to be disclosed by the
Company in the reports that it files or submits under the Securities Exchange Act of 1934,
as amended (the &#147;Exchange Act&#148;), is recorded, processed, summarized and reported
within the time periods specified in the rules and forms of the Securities and Exchange
Commission (&#147;disclosure controls and procedures&#148;), including overseeing the
preparation of the financial reports and other financial information provided by the
Company to any governmental body or the public; (b) the Company&#146;s controls and
process designed to provide reasonable assurance regarding the reliability of financial
reporting and the preparation of financial statements required to be in conformity with
Generally Accepted Accounting Principles as addressed by the Codification of Statements on
Auditing Standards, AU Section 319, as in effect from time to time, or any superseding
definition or other literature that is issued or adopted by the Public Company Accounting
Oversight Board (&#147;internal controls and procedures&#148;); and (c) the Company&#146;s
auditing, accounting and financial reporting processes generally as well as the audits of
the Company&#146;s financial statements. Consistent with this function, the Committee
should encourage continuous improvement of, and should foster adherence to, the
Company&#146;s policies, procedures and practices at all levels. The Committee&#146;s
primary duties and responsibilities are to: </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Serve
as an independent and objective party to monitor the Company&#146;s compliance with legal
and regulatory requirements and the Company&#146;s financial reporting, disclosure
controls and procedures and internal controls and procedures. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Appoint
the independent auditors and determine their compensation. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Review,
evaluate and oversee the audit efforts of the Company&#146;s independent auditors and
internal auditors. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Provide
an open avenue of communication among the independent auditors, management, the Board and
the internal auditors. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Prepare
the Audit Committee Report required to be included in the Company&#146;s annual proxy
statement. </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Committee will primarily fulfill these
responsibilities by carrying out the activities enumerated in Section IV of this Charter. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>30 </FONT></P>

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<A NAME=A076></A>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>II. </B> </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>COMPOSITION</B> </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Committee shall be comprised of
three or more directors as determined by the Board, each of whom shall meet the
independence and experience requirements of The NASDAQ Stock Market, Inc.
(&#147;NASDAQ&#148;) and the rules and regulations of the Securities and Exchange
Commission (the &#147;Commission&#148;), and shall be free from any relationship that, in
the opinion of the Board, would interfere with the exercise of his or her independent
judgment as a member of the Committee. No member of the Committee may serve on the audit
committees of more than three public companies unless the Board determines that such
service does not, and will not, impair the member&#146;s ability to effectively serve on
the Committee and discloses the determination in the Company&#146;s annual proxy
statement. All members of the Committee shall have a working familiarity with basic
finance and accounting practices, and the Company shall endeavor, to the extent possible,
to have at least one member of the Committee who has accounting or financial management
experience sufficient to qualify as an &#147;audit committee financial expert&#148; under
the rules and regulations of NASDAQ and the Commission, as such rules are in effect from
time to time. Committee members may enhance their familiarity with finance and accounting
by participating in educational programs conducted by the Company or an outside
consultant. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The members of the Committee shall be
elected by the Board at the annual organizational meeting of the Board and shall serve
until their successors are duly elected and qualified. Unless a Chairman is elected by the
full Board, the members of the Committee may designate a Chairman by majority vote of the
full Committee. </FONT></P>

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<A NAME=A077></A>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>III.</B>  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>MEETINGS</B> </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Committee shall meet at least
quarterly or more frequently as circumstances dictate. The Committee may ask members of
management or others to attend any meeting and provide pertinent information as necessary.
As part of its job to foster open communication, the Committee should meet at least
annually with management, the director of the internal auditors and the independent
auditors in separate executive sessions to discuss any matters that the Committee and/or
any of these groups believe should be discussed privately. </FONT></P>

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<A NAME=A078></A>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>IV.</B>  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>AUTHORITY</B> </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In discharging its oversight role,
the Committee is granted the authority to investigate any matter brought to its attention
with full access to all books, records, facilities and personnel of the Company and the
authority to engage independent counsel and other advisers, as it determines necessary to
carry out its duties. The Committee, in its capacity as a committee of the Board, shall
determine the appropriate funding that the Company shall provide for payments of: (a)
compensation to any independent public accountant engaged for the purpose of preparing or
issuing an audit report or performing other audit, review or attest services for the
Company; (b) compensation to any advisers employed by the Committee, as provided for
above; and (c) ordinary administrative expenses of the Committee that are necessary or
appropriate in carrying out its duties. </FONT></P>

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<A NAME=A079></A>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>V. </B> </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>RESPONSIBILITIES
AND DUTIES</B> </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In performing its responsibilities
and duties, the Committee will seek to provide an open avenue of communication among the
independent auditors, management, the Board and the internal auditors. The Committee is
intended to provide an independent and, as appropriate, confidential forum in which
interested parties can freely discuss information and concerns about the Company&#146;s
financial reporting, disclosure controls and procedures and internal controls and
procedures. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Committee has direct
responsibility for the appointment, compensation, retention and oversight of the work of
any independent auditors (including resolution of disagreements between management and the
independent auditors regarding financial reporting) engaged for the purpose of preparing
or issuing an audit report or performing other audit, review or attest services for the
Company. The independent auditors shall report directly to the Committee. The Committee
shall have the sole power to: (a) approve all related-party transactions, in accordance
with the rules and regulations of NASDAQ, as such rules are in effect from time to time;
(b) hire and fire the independent auditors, based on the Committee&#146;s judgment of the
independent auditors&#146; independence and effectiveness, as well as approve all fees and
engagement terms; (c) resolve any disagreement between management and the independent
auditors; (d) pre-approve all auditing services in accordance with applicable law or
regulation; and (e) pre-approve all permissible non-audit services performed by the
independent auditors in accordance with applicable law or regulation, subject to any de
minimis exception that may be provided by applicable law or regulation. The Committee will
not approve any of the &#147;prohibited activities&#148; identified in Section 10A(g) of
the Exchange Act. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>31 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Committee may delegate to one or
more designated members of the Committee the authority to grant pre-approvals of audit and
permitted non-audit services. Any decision by such member or members to grant pre-approval
shall be presented to the Committee at its next scheduled meeting. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To fulfill its responsibilities and
duties the Committee shall: </FONT></P>

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<A NAME=A080></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Documents/Reports Review </FONT></H1>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Review
and update this Charter periodically as conditions dictate, but in any event at least
annually. </FONT></TD>
</TR>
</TABLE>
<BR>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Discuss
with the independent auditors, in accordance with the Exchange Act, prior to the filing
of the independent auditors&#146; audit report, (a) all critical accounting policies and
practices to be used; (b) all alternative treatments of financial information permissible
under Generally Accepted Accounting Principles that have been discussed with management,
including ramifications of the use of such alternative disclosures and treatments and the
treatment preferred by the independent auditors; and (c) other material written
communications between management and the independent auditors. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Review
the effect of regulatory and accounting initiatives, as well as any off-balance sheet
structures, on the financial statements of the Company. </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Discuss
with the independent auditors their independence and the matters required to be discussed
by SAS 61 (Codification of Statements on Auditing Standards, AU Section 380), as in
effect from time to time. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Review
and discuss with management and the independent auditors the Company&#146;s annual
audited financial statements to be included in the Company&#146;s Annual Report on Form
10-K, prior to filing the Annual Report with the Commission, including disclosures under
&#147;Management&#146;s Discussion and Analysis of Financial Condition and Results of
Operation,&#148; and any reports or other financial information submitted to any
governmental body, or the public, including any attestation, certification, report,
opinion, or review rendered by the independent auditors. Based on (a) the Committee&#146;s
review and discussion of the Company&#146;s annual audited financial statements with
management and the independent auditors, (b) the Committee&#146;s discussions with the
independent auditors on their independence and the matters required to be discussed by
SAS 61 (Codification of Statements on Auditing Standards, AU Section 380), as in effect
from time to time, and (c) such other factors and circumstances as are determined
appropriate by the Committee, the Committee will recommend to the Board whether the
annual audited financial statements should be included in the Company&#146;s Annual
Report on Form 10-K. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Review
the regular internal reports to management prepared by the internal auditors and
management&#146;s response. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Discuss
with management and the independent auditors the internal audit department
responsibilities, budget and staffing and any recommended changes in the planned scope of
the internal audit. </FONT></TD>
</TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>32 </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Review
and discuss with management and the independent auditors the Company&#146;s quarterly
financial results included in the Form 10-Q, including disclosures under &#147;Management&#146;s
Discussion and Analysis of Financial Condition and Results of Operation,&#148; and the
results of the independent auditors&#146; review of the quarterly financial statements. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Discuss
with management and the independent auditors the Company&#146;s earnings press releases,
prior to their release. </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Review
disclosures made to the Committee by the Company&#146;s chief executive officer and
senior financial officers (namely, the chief financial officer, the principal accounting
officer, the controller and any other employee performing similar functions,
collectively, the &#147;Senior Officers&#148;) about (a) any significant deficiencies or
weaknesses in the design or operation of the disclosure controls and procedures and
internal controls and procedures, including any significant deficiencies and material
weaknesses that could adversely affect the Company&#146;s ability to record, process,
summarize and timely report financial information as required by the Commission; (b) any
fraud (whether or not material) involving management or other employees significantly
involved with disclosure controls and procedures and internal controls and procedures;
(c) whether or not there were significant changes in disclosure controls and procedures
and internal controls and procedures or other factors that could significantly affect
such controls; and (d) any action to fraudulently influence, coerce, manipulate or
mislead the Company&#146;s independent auditors for the purpose of rendering the Company&#146;s
financial statements materially misleading. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Discuss
with senior management, including the Senior Officers, the areas of financial risk that
could have a material adverse effect on the Company&#146;s results of operation or
financial condition and the steps management has taken to monitor and control such risks,
and the Company&#146;s risk assessment and risk management guidelines and policies. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Report
the Committee&#146;s activities, including its conclusions with respect to the internal
auditors and the independent auditors, to the Board at the Board&#146;s meeting next
following each Committee meeting so that the Board is kept fully informed of the Committee&#146;s
activities on a current basis. </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<A NAME=A081></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Independent Auditors </FONT></H1>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Select,
evaluate, appoint and, where appropriate, replace the Company&#146;s independent auditors
and determine the fees and other compensation to be paid to the independent auditors. On
an annual basis, the Committee should review and discuss with the independent auditors
all relationships the auditors have with the Company to determine the auditors&#146; independence. </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Review
with the independent auditors, in advance, the scope of the annual audit, including the
scope of complementary internal audit activities. </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Review
and evaluate the lead partner of the independent auditors&#146; audit team. </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Review
with the independent auditors the results of the annual audit. </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Review
the performance of the independent auditors. </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Periodically
consult with the independent auditors out of the presence of management about internal
controls and procedures and the fullness and accuracy of the Company&#146;s financial
statements. </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Ensure
the rotation of the lead partner, the concurring review partner, the client service
partner, and other &#147;line&#148; partners directly involved in the performance of the
audit for the Company, as required by applicable law or regulation. </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Hang Lv 0-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Obtain
and review on an annual basis a report from the independent auditors describing the
independent auditors&#146; internal quality-control procedures and any material issues
raised by the most recent internal quality-control review, or peer review of the
independent auditors, or by any inquiry or investigation by governmental or professional
authorities, within the preceding five years, respecting one or more independent audits
carried out by the auditing firm, and any steps taken to deal with any such issues. </FONT></TD>
</TR>
</TABLE>
<BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>33 </FONT></P>

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<HR SIZE=5 COLOR=GRAY NOSHADE>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Recommend
to the Board policies for the Company&#146;s hiring of employees or former employees of
the independent auditors who participated in any capacity in the audit of the Company. </FONT></TD>
</TR>
</TABLE>
<BR>

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<A NAME=A082></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Financial Reporting
Processes </FONT></H1>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In
consultation with the independent auditors and the internal auditors, review the
integrity of the Company&#146;s financial reporting processes generally, both internal
and external. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consider
the independent auditors&#146; judgments about the quality and appropriateness of the
Company&#146;s accounting principles as applied in its financial reporting. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consider
and approve, if appropriate, major changes to the Company&#146;s auditing and accounting
principles and practices as suggested by the independent auditors, management, or the
internal auditors. </FONT></TD>
</TR>
</TABLE>
<BR>

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<A NAME=A083></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Process Improvement </FONT></H1>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Following
completion of the annual audit, review separately with each of management, the
independent auditors and the internal auditors any significant difficulties encountered
during the course of the audit, including any restrictions on the scope of work or access
to required information. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Review
any significant disagreement (even if adequately resolved) among management and the
independent auditors or the internal auditors in connection with the preparation of the
financial statements. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Conduct
annually a self-assessment of its performance during the previous year. In addition, from
time to time, the Board may conduct a similar assessment of the Committee. The purpose of
these assessments is to increase the effectiveness of the Committee and its members.
Compliance with the responsibilities listed in this Charter shall form the principal
criteria for such assessments, as well as such other factors and circumstances as are
determined appropriate by the Committee or the Board, as the case may be. </FONT></TD>
</TR>
</TABLE>
<BR>

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<A NAME=A084></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Ethical and Legal
Compliance </FONT></H1>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>As
directed by the Board, assist in the establishment, review and periodic update of any
codes of ethical conduct or similar policies in effect at the Company from time to time
(collectively, the &#147;Code&#148;). </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Review
management&#146;s monitoring of the Company&#146;s compliance with the Code. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Review
activities, organizational structure, and qualifications of the internal audit
department. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Review,
with the Company&#146;s counsel, legal compliance matters including corporate securities
trading policies.</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Review,
with the Company&#146;s counsel, any legal matter that could have a significant impact on
the Company&#146;s financial statements. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Establish
procedures for the receipt, retention and treatment of complaints received by the Company
regarding accounting, internal accounting controls or auditing matters, and the
confidential, anonymous submission by employees of concerns regarding questionable
accounting or auditing matters. </FONT></TD>
</TR>
</TABLE>
<BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>34 </FONT></P>

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<A NAME=A086></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Other </FONT></H1>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Perform
any other activities consistent with this Charter, the Company&#146;s Bylaws and
governing law, as the Committee or the Board deems necessary or appropriate. </FONT></TD>
</TR>
</TABLE>
<BR>

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<A NAME=A087></A>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>VI.</B>  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>LIMITATION
ON COMMITTEE&#146;S ROLE</B> </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>While the Committee has the
responsibilities and duties set forth in this Charter, the Committee&#146;s
responsibilities and duties are of oversight in nature. The primary responsibility for the
Company&#146;s financial reporting, disclosure controls and procedures and internal
controls and procedures rests with management, and the Company&#146;s independent auditors
are responsible for auditing the Company&#146;s financial statements. It is the
responsibility of management and the independent auditors to bring to the attention of the
Committee any failures, irregularities or other problems respecting the Company&#146;s
financial reporting, disclosure controls and procedures and internal controls and
procedures. </FONT></P>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>35 </FONT></P>






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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CLASS A COMMON STOCK </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PROXY </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>JOHNSON OUTDOORS INC.<BR>ANNUAL
MEETING OF SHAREHOLDERS TO BE HELD FEBRUARY 25, 2004 </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>THIS PROXY IS
SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS OF<BR>JOHNSON OUTDOORS INC. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The undersigned constitutes and
appoints <B>HELEN P. JOHNSON-LEIPOLD</B> and <B>PAUL A. LEHMANN</B>, and each of them,
each with full power to act without the other, and each with full power of substitution,
the true and lawful proxies of the undersigned, to represent and vote, as designated
below, all shares of Class A common stock of Johnson Outdoors Inc. that the undersigned is
entitled to vote at the Annual Meeting of Shareholders of such corporation to be held at
its headquarters, located at 555 Main Street, Racine, Wisconsin, on Tuesday, February 25,
2004, at 10:00 a.m. local time, and at any adjournment or postponement thereof: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Board of Directors recommends a
vote FOR Items 1, 2 and 3. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>THIS PROXY WHEN PROPERLY EXECUTED
WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO
DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE ELECTION OF THE NOMINEES SPECIFIED IN
ITEM 1 AND FOR ITEMS 2 AND 3.</B> </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The undersigned acknowledges receipt
of the Notice of said Annual Meeting and the accompanying Proxy Statement and Annual
Report. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Continued and to be
signed on reverse side)  </FONT></P>

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     <HR ALIGN=LEFT WIDTH=100% SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>JOHNSON OUTDOORS INC.
2004 ANNUAL MEETING</B><BR>PLEASE MARK VOTES AS IN THIS EXAMPLE USING DARK INK ONLY.  </FONT><FONT FACE="Times New Roman, Times, Serif" SIZE=5>&nbsp;&nbsp;&#149;</FONT></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TH>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="1">For<BR>
All
</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Withhold<BR>
&nbsp;&nbsp;&nbsp;All
</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;For  <BR>
&nbsp;All  <BR>
Except
</FONT></TD>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TH>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="1">For
</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Against
</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Abstain
</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH=35%><FONT FACE="Times New Roman, Times, Serif" SIZE="1">1. <B>ELECTION OF DIRECTORS</B>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
&nbsp;&nbsp;&nbsp;By Holders of Class A common stock  <BR>
&nbsp;&nbsp;&nbsp;Terry E. London&nbsp;&nbsp;John M. Fahey, Jr. <BR>
&nbsp;&nbsp;&nbsp;_______________________________<BR>
&nbsp;&nbsp;&nbsp;(Instructions: To withhold authority<BR>
&nbsp;&nbsp;&nbsp;to vote for any individual nominee,<BR>
&nbsp;&nbsp;&nbsp;write the name(s) if the nominee(s)<BR>
&nbsp;&nbsp;&nbsp;above.)
</FONT></TD>
     <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD WIDTH=35%><FONT FACE="Times New Roman, Times, Serif" SIZE="1">3. Approval of the proposed<BR>
&nbsp;&nbsp;&nbsp;amendment to the Johnson<BR>
&nbsp;&nbsp;&nbsp;Outdoors Inc. 1987 Employees'<BR>
&nbsp;&nbsp;&nbsp;Stock Purchase Plan.
</FONT></TD>
     <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>2. Approval of the Johnson Outdoors Inc.<BR>
&nbsp;&nbsp;&nbsp;2003 Non-Employee Director Stock     <BR>
&nbsp;&nbsp;&nbsp;Ownership Plan
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1">For
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Against
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Abstain
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>4. In their discretion,  the proxies are authorized to vote<BR>
&nbsp;&nbsp;&nbsp;upon such other  business  as may  properly  come before<BR>
&nbsp;&nbsp;&nbsp;the Annual Meeting.
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>Check appropriate box<BR>
Indicate changes below:<BR>
Address Change?&nbsp;&nbsp;|_|&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name Change?&nbsp;&nbsp;|_|
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Date: </FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>Signature(s) ______________________________________________<BR>
<BR>
Note: Please sign exactly as your name appears on your<BR>
stock certificate. Joint owners should each sign<BR>
personally. A corporation should sign full corporate name<BR>
by duly authorized officers and affix corporate seal, if<BR>
any. When signing as attorney, executor, administrator,<BR>
trustee or guardian, give full title as such.
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD></TR>
</TABLE>





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     <HR ALIGN=LEFT WIDTH=100% SIZE=1 NOSHADE>

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<A NAME=A005></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FOLD AND DETACH HERE </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>YOUR VOTE IS IMPORTANT! </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center Bold-TNR" FSL="Default" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PLEASE VOTE, SIGN,
DATE, DETACH AND MAIL THE PROXY CARD<BR>PROMPTLY USING THE ENCLOSED ENVELOPE </FONT></H1>


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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CLASS B COMMON STOCK </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PROXY </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>JOHNSON OUTDOORS INC.<BR>ANNUAL
MEETING OF SHAREHOLDERS TO BE HELD FEBRUARY 25, 2004 </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>THIS PROXY IS
SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS OF<BR>JOHNSON OUTDOORS INC. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The undersigned constitutes and
appoints <B>HELEN P. JOHNSON-LEIPOLD</B> and <B>PAUL A. LEHMANN</B>, and each of them,
each with full power to act without the other, and each with full power of substitution,
the true and lawful proxies of the undersigned, to represent and vote, as designated
below, all shares of Class B common stock of Johnson Outdoors Inc. that the undersigned is
entitled to vote at the Annual Meeting of Shareholders of such corporation to be held at
its headquarters, located at 555 Main Street, Racine, Wisconsin, on Tuesday, February 25,
2004, at 10:00 a.m. local time, and at any adjournment or postponement thereof: </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Board of Directors recommends a
vote FOR Items 1, 2 and 3. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>THIS PROXY WHEN PROPERLY EXECUTED
WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO
DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE ELECTION OF THE NOMINEES SPECIFIED IN
ITEM 1 AND FOR ITEMS 2 AND 3.</B> </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The undersigned acknowledges receipt
of the Notice of said Annual Meeting and the accompanying Proxy Statement and Annual
Report. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Continued and to be
signed on reverse side)  </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>JOHNSON OUTDOORS
INC. 2004 ANNUAL MEETING </B> <BR>PLEASE MARK VOTES AS IN THIS EXAMPLE USING DARK INK ONLY.  </FONT><FONT FACE="Times New Roman, Times, Serif" SIZE=5>&nbsp;&nbsp;&#149;</FONT></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TH>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="1">For<BR>
All
</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Withhold<BR>
&nbsp;&nbsp;&nbsp;All
</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;For  <BR>
&nbsp;All  <BR>
Except
</FONT></TD>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TH>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="1">For
</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Against
</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Abstain
</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH=35%><FONT FACE="Times New Roman, Times, Serif" SIZE="1">1. <B>ELECTION OF DIRECTORS</B>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
&nbsp;&nbsp;&nbsp;By Holders of Class B common stock  <BR>
&nbsp;&nbsp;&nbsp;Samuel C. Johnson&nbsp;&nbsp;Helen P. Johnson-Leipold<BR>
&nbsp;&nbsp;&nbsp;Thomas F. Pyle, Jr.&nbsp;&nbsp;Gregory E. Lawton<BR>
&nbsp;&nbsp;&nbsp;_______________________________<BR>
&nbsp;&nbsp;&nbsp;(Instructions: To withhold authority<BR>
&nbsp;&nbsp;&nbsp;to vote for any individual nominee,<BR>
&nbsp;&nbsp;&nbsp;write the name(s) if the nominee(s)<BR>
&nbsp;&nbsp;&nbsp;above.)
</FONT></TD>
     <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD WIDTH=35%><FONT FACE="Times New Roman, Times, Serif" SIZE="1">3. Approval of the proposed<BR>
&nbsp;&nbsp;&nbsp;amendment to the Johnson<BR>
&nbsp;&nbsp;&nbsp;Outdoors Inc. 1987 Employees'<BR>
&nbsp;&nbsp;&nbsp;Stock Purchase Plan.
</FONT></TD>
     <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>2. Approval of the Johnson Outdoors Inc.<BR>
&nbsp;&nbsp;&nbsp;2003 Non-Employee Director Stock     <BR>
&nbsp;&nbsp;&nbsp;Ownership Plan
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1">For
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Against
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Abstain
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>4. In their discretion,  the proxies are authorized to vote<BR>
&nbsp;&nbsp;&nbsp;upon such other  business  as may  properly  come before<BR>
&nbsp;&nbsp;&nbsp;the Annual Meeting.
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>Check appropriate box<BR>
Indicate changes below:<BR>
Address Change?&nbsp;&nbsp;|_|&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name Change?&nbsp;&nbsp;|_|
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Date: </FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><BR>Signature(s) ______________________________________________<BR>
<BR>
Note: Please sign exactly as your name appears on your<BR>
stock certificate. Joint owners should each sign<BR>
personally. A corporation should sign full corporate name<BR>
by duly authorized officers and affix corporate seal, if<BR>
any. When signing as attorney, executor, administrator,<BR>
trustee or guardian, give full title as such.
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD></TR>
</TABLE>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FOLD AND DETACH HERE </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>YOUR VOTE IS IMPORTANT! </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PLEASE VOTE, SIGN,
DATE, DETACH AND MAIL THE PROXY CARD<BR>PROMPTLY USING THE ENCLOSED ENVELOPE </FONT></H1>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>JOHNSON OUTDOORS INC. </FONT></H1>


<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2003 NON-EMPLOYEE
DIRECTOR STOCK OWNERSHIP PLAN </FONT></H1>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 1:&nbsp;&nbsp;Purpose </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The purpose of the Johnson Outdoors
Inc. 2003 Non-Employee Director Stock Ownership Plan (the &#147;Plan&#148;) is to promote
the long-term growth and financial success of Johnson Outdoors Inc. (the
&#147;Company&#148;) by attracting and retaining non-employee directors of outstanding
ability and assisting the Company in promoting a greater identity of interest between the
Company&#146;s non-employee directors and its shareholders. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2:&nbsp;&nbsp;Definitions </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>As used in the Plan, the following
terms have the respective meanings set forth below: </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>&#147;Award&#148;</B> means any Stock Option or Stock Award granted under the
          Plan. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>&#147;Black-Scholes Model&#148;</B> means the Black-Scholes Option Pricing
          Model, which shall be used to calculate the fair value of Stock Option grants
          under the Plan, as of the date of such grant. Six factors are required to
          calculate the value of a Stock Option using the Black-Scholes Model: the Stock
          Option&#146;s exercise price; the current price of the Common Stock; the
          dividend yield of the Common Stock; the Stock Option&#146;s time to expiration;
          the risk-free market rate of return; and the future volatility of the Common
          Stock. Only the future volatility of the Common Stock cannot be objectively
          determined. In connection with using the Black-Scholes Model to calculate the
          fair value of Stock Option grants under the Plan, the Committee may use such
          variations of the Black-Scholes Model and parameters and procedures respecting
          the Black-Scholes Model, including, without limitation, parameters and
          procedures used to measure the historical volatility of the Common Stock as of
          the relevant grant date, as the Committee deems reasonably appropriate in its
          sole discretion. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>&#147;Board&#148;</B> means the Company&#146;s Board of Directors. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(d)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>&#147;Committee&#148;</B> means a committee of the Board that the Board
          designates to administer the Plan. The Committee shall consist of not less than
          two directors, each of whom shall qualify as a &#147;non-employee director&#148;
          within the meaning of Rule 16b-3 (&#147;Rule 16b-3&#148;) under the 1934 Act, or
          any successor provisions thereto, as an &#147;outside director&#148; under
          Section 162(m)(4)(C) of the Internal Revenue Code of 1986, as amended (the
          &#147;Code&#148;), or any successor provisions thereto and as an
          &#147;independent&#148; director pursuant to the definition of independence in
          the listing requirements of the principal national securities exchange, national
          securities association or over-the-counter market on which the Common Stock is
          traded, if any. If at any time the Committee shall not be in existence, then the
          members of the Board that do qualify as non-employee directors, outside
          directors and independent directors shall administer the Plan and shall be
          deemed to be the Committee for purposes of the Plan. </FONT></P>




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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(e)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>&#147;Common Stock&#148; </B>means the Class&nbsp;A Common Stock, $.05 par
          value, of the Company and such other securities or property as may become
          subject to Awards pursuant to an adjustment made under Section 4(b) of the Plan. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(f)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>&#147;Fair Market Value&#148;</B> means the fair market value of the Common
          Stock determined by such methods or procedures as shall be established from time
          to time by the Committee; <I>provided, however,</I> that the Fair Market Value
          shall not be less than the par value of the Common Stock; and <I>provided
          further,</I> that so long as the Common Stock is traded on the Nasdaq National
          Market, the Nasdaq Smallcap Market or another over-the-counter market, the Fair
          Market Value shall be the average of the bid and asked prices of a share of
          Common Stock in the applicable over-the-counter market on the specified date, as
          reported by the National Association of Securities Dealers (or if no sales
          occurred on such date, the last preceding date on which sales occurred);
          <I>provided, however, </I>that if the principal market for the Common Stock is
          then a national securities exchange, the Fair Market Value shall be the average
          of the high and low prices of a share of Common Stock on the principal
          securities exchange on which the Common Stock is traded on the specified date
          (or if no sales occurred on such date, the last preceding date on which sales
          occurred). </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(g)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>&#147;1934 Act&#148;</B> means the Securities Exchange Act of 1934, as
          amended from time to time. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(h)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>&#147;Participant&#148;</B> means a director of the Board who is not an
          employee of the Company, or any entity that is directly or indirectly controlled
          by the Company or any entity in which the Company has a significant interest as
          determined by the Committee. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(i)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>&#147;Shares&#148;</B> means shares of Common Stock. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(j)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>&#147;Stock Award&#148;</B> means an Award to a Participant comprised of
          Shares granted under Section&nbsp;5(b) or 5(c) of the Plan. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(k)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>&#147;Stock Option&#148;</B> means an award in the form of the right to
          purchase a specified number of Shares at a specified price during a specified
          period granted under Section&nbsp;5(a) or 5(c) of the Plan. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 3:&nbsp;&nbsp;Effective
Dates </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Plan shall become effective on
December 4, 2003, subject to the approval of the Plan by the shareholders of the Company
at the Company&#146;s 2004 annual meeting of shareholders. To the extent that any Awards
are granted under the Plan prior to its approval by shareholders, the grants shall be
contingent on approval of the Plan by the shareholders of the Company. No Awards may be
made under the Plan after December 4, 2013 or earlier termination of the Plan by the
Board. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 4:&nbsp;&nbsp;Stock
Available for Awards </FONT></H1>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Common Shares Available.</B> The maximum number of Shares available for
          Awards under the Plan may not exceed 150,000 shares of Common Stock (subject to
          adjustment pursuant to Section 4(b) hereof). </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2 </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Adjustments and Reorganizations.</B> In the event that the Committee shall
          determine that any dividend (other than a normal cash dividend) or other
          distribution (whether in the form of cash, Common Stock, other securities or
          other property), recapitalization, stock split, reverse stock split,
          reorganization, merger, consolidation, split-up, spin-off, combination,
          repurchase or exchange of Common Stock or other securities of the Company,
          issuance of warrants or other rights to purchase Common Stock or other
          securities of the Company, or other similar corporate transaction or event
          affects the Common Stock such that an adjustment is determined by the Committee
          to be necessary or appropriate to prevent dilution or enlargement of the
          benefits or potential benefits intended to be made available to Participants
          under the Plan, then the Committee may, in such manner as it may deem equitable,
          adjust any or all of the (i)&nbsp; number and type of Shares available under the
          Plan and that thereafter may be made the subject of Awards under the Plan, and
          (ii)&nbsp; number and type and exercise price of Shares subject to outstanding
          Stock Options, <I>provided</I> any such adjustments are consistent with the
          effect on other shareholders arising from any such action. The Committee may
          also make such similar appropriate adjustments in the calculation of Fair Market
          Value as it deems necessary or appropriated to prevent dilution or enlargement
          of the benefits or potential benefits intended to be made available to
          Participants under the Plan. Notwithstanding the foregoing, (x)&nbsp;Stock
          Options subject to grant or previously granted under the Plan at the time of any
          event described above shall be subject to only such adjustment as shall be
          necessary to maintain the proportionate interest of the Participant and
          preserve, without exceeding, the value of such Stock Options, and (y)&nbsp;the
          number of Shares subject to Stock Awards under the Plan at the time of any event
          described above shall be subject to only such adjustment as shall be necessary
          to maintain the relative proportionate interest represented by such Shares
          immediately prior to any such event. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Change of Control.</B> In order to preserve a Participant&#146;s rights under
          a Stock Option granted under the Plan in the event of any sale of all or
          substantially all of the Company&#146;s assets, merger, consolidation,
          combination or other corporate reorganization, restructuring or change of
          control of the Company (&#147;Change of Control&#148;) (the Committee in its
          sole discretion will determine if there has been a Change of Control), the
          Committee in its discretion may, at the time the Stock Option is granted or at
          any time thereafter, take one or more of the following actions: (i)&nbsp;provide
          for the acceleration of any time period relating to the exercise of the Stock
          Option; (ii)&nbsp;provide for the purchase of the Stock Option for an amount of
          cash or other property that could have been received upon the exercise of the
          Stock Option had the Stock Option been currently exercisable or payable;
          (iii)&nbsp;adjust the terms of the Stock Option in the manner determined by the
          Committee to reflect the Change of Control; (iv)&nbsp;cause the Stock Option to
          be assumed, or new right substituted for the Stock Option, by another entity; or
          (v)&nbsp;make such other provision as the Committee may consider equitable and
          in the best interests of the Company. If the terms of Section 4(b) and Section
          4(c) would apply to a transaction, then the transaction will be subject to this
          Section 4(c) and not Section 4(b). </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(d)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Common Stock Usage.</B> If, after the effective date of the Plan, any Shares
          covered by an Award granted under the Plan, or to which any Award relates, are
          forfeited or if an Award otherwise terminates, expires or is cancelled prior to
          the delivery of all of the Shares or of other consideration issuable or payable
          pursuant to such Award and if such forfeiture, termination, expiration or
          cancellation occurs prior to the payment of dividends or the exercise by the
          holder of other indicia of ownership of the Shares to which the Award relates,
          then the number of Shares counted against the number of Shares available under
          the Plan in connection with the grant of such Award, to the extent of any such
          forfeiture, termination, expiration or cancellation, shall again be available
          for granting of additional Awards under the Plan. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3 </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 5:&nbsp;&nbsp;Awards </FONT></H1>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Stock Options.</B> Commencing with the 2004 annual meeting of shareholders,
          the Company shall issue to each Participant, on the first business day following
          each annual meeting of shareholders until the Plan is terminated or amended,
          Stock Options having a fair value (calculated as of the date of the Stock Option
          grant using the Black-Scholes Model) of $10,000, or such other amount as the
          Committee may approve in connection with a specific grant (each an &#147;Annual
          Stock Option&#148;), <I>provided</I>, <I>however</I>, that a Participant who is
          first elected as a director of the Company on the date of an annual meeting of
          shareholders and who receives on that date a Stock Option pursuant to Section
          5(c) hereof shall not be eligible to begin to receive grants of Stock Options
          pursuant to this Section 5(a) until the first business day following the next
          succeeding annual meeting of shareholders. The Committee shall specifically
          approve each grant of an Annual Stock Option to a continuing director in
          advance. The per share exercise price of each such Stock Option shall be the
          Fair Market Value of a Share of Common Stock on the date of the grant. The
          exercise price shall be payable at the time of exercise in cash, previously
          acquired Shares valued at their Fair Market Value or such other forms or
          combinations of forms of consideration as the Committee may approve. Each such
          Stock Option shall have a term of ten years and shall become fully exercisable
          one year following the date on which it is granted unless vesting is accelerated
          pursuant to Section 4(c) or Section 6(d) or (f). </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Stock Awards.</B> Commencing with the 2004 annual meeting of shareholders,
          the Company shall issue to each Participant, on the first business day following
          each annual meeting of shareholders until the Plan is terminated or amended,
          Shares having a Fair Market Value (calculated as of the date of such Stock
          Award) of $10,000, or such other amount as the Committee may approve in
          connection with a specific grant (each an &#147;Annual Stock Award&#148;),
          <I>provided</I>, <I>however</I>, that a Participant who is first elected as a
          director of the Company on the date of an annual meeting of shareholders and who
          receives on that date a Stock Award pursuant to Section 5(c) hereof shall not be
          eligible to begin to receive Stock Awards pursuant to this Section 5(b) until
          the first business day following the next succeeding annual meeting of
          shareholders. The Committee shall specifically approve each grant of an Annual
          Stock Award to a continuing director in advance. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Awards Upon Election</B>. On the date on which a Participant is first elected
          or appointed as a director of the Company during the existence of the Plan, such
          Participant shall automatically receive as an initial grant the Awards
          referenced above, as if such Participant had been a director on the first
          business day following the most recent annual meeting of shareholders
          (collectively, &#147;Initial Awards&#148;). The Committee shall specifically
          approve each grant of Initial Awards to a newly elected director in advance.
          These Awards shall be valued as of the date of grant. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4 </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 6:&nbsp;&nbsp;General
Provisions Applicable to Awards </FONT></H1>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Transferability of Stock Options.</B> Stock Options granted under the Plan
          shall not be transferable other than by will or under the laws of descent and
          distribution, except as otherwise provided by the Committee. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Non-Transferability of Stock Awards.</B> Shares awarded under
          Section&nbsp;5(b) or Section 5(c) hereof shall not be assignable, alienable,
          saleable or otherwise transferable by the respective Participant until such
          Participant ceases for any reason to serve on the Board or a Change of Control
          is effected. Notwithstanding the preceding sentence, the following transfers or
          other dispositions will not be deemed to be a violation of the transfer
          restrictions set forth herein: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
A
gift or other transfer of Shares issued to (i)&nbsp;any trust or other estate in which
such Participant has a substantial beneficial interest or as to which such Participant
serves as a trustee or in a similar capacity or (ii)&nbsp;any relative or spouse of such
Participant, or any relative of such spouse, who has the same home as the Participant
which in either case would not change the Participant&#146;s beneficial ownership of those
Shares for purposes of reporting under Section&nbsp;16(a) of the 1934 Act;
<I>provided,</I> that any Shares transferred by gift or otherwise pursuant to this
subparagraph will continue to be subject to the non-transfer restrictions of this Section
as though such Shares were held by the Participant. </FONT></TD>
</TR>
</TABLE>
<BR>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Legend on Certificates.</B> The Committee may cause a legend or legends to be
          put on any certificates for shares delivered under the Plan pursuant to any
          Stock Award or upon the exercise of any Stock Option to make appropriate
          references to any applicable transfer restrictions. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(d)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Termination of Directorship.</B> If for any reason other than death a
          Participant ceases to be a director of the Company one year or more after the
          director&#146;s initial election or appointment to the Board while holding a
          vested Stock Option granted under the Plan, such Stock Option shall continue to
          be exercisable for a period of three years after such termination or the
          remainder of the Stock Option term, whichever is shorter (any unvested Stock
          Option shall be cancelled as of the date of such termination). If for any reason
          other than death a Participant ceases to be a director of the Company within one
          year of the director&#146;s initial election or appointment to the Board, the
          Stock Option granted under the Plan and held by the director shall be cancelled
          as of the date of such termination. In the event a Participant dies, any
          unvested Stock Option granted under the Plan to such Participant shall
          immediately vest and be exercisable by the designated beneficiary, or, in the
          absence of a designated beneficiary, by will or in accordance with the laws of
          descent and distribution for a period of three years following the date of
          death. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(e)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Documentation of Grants.</B> Awards made under the Plan shall be evidenced by
          written agreements or such other appropriate documentation as the Committee
          shall prescribe, including an option agreement. The Committee need not require
          the execution of any instrument or acknowledgment of notice of an Award under
          the Plan, including an option agreement, in which case acceptance of such Award
          by the respective Participant will constitute agreement to the terms of the
          Award. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5 </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(f)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Plan Amendment.</B> The Board may at any time amend, alter, suspend,
          discontinue or terminate the Plan, including without limitation an amendment to
          decrease or increase the amount of the Awards under Section 4; <I>provided,
          however,</I> that shareholder approval of any amendment of the Plan shall be
          obtained if otherwise required by (a) the Code or any rules promulgated
          thereunder, (b) the listing requirements of the principal national securities
          exchange, national securities association or over-the-counter market on which
          the Common Stock is then traded, or (c) any other applicable law. To the extent
          permitted by applicable law, the Committee may also amend the Plan, including
          without limitation an amendment to decrease or increase the amount of the Awards
          under Section 4, <I>provided </I>that any such amendments by the Committee shall
          be reported to the Board. Termination of the Plan shall not affect the right of
          Participants with respect to Stock Options previously granted to them, and all
          unexpired Stock Options shall continue in force and effect after termination of
          the Plan except as they may lapse or be terminated by their own terms and
          conditions. Notwithstanding the foregoing, the Board and Committee are
          prohibited from amending Section 6(g) of the Plan without shareholder approval. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(g)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Repricing Prohibited.</B> Notwithstanding anything in the Plan to the
          contrary, and except for the adjustments provided in Section 4(b), the Committee
          and the Board are prohibited from decreasing the exercise price for any
          outstanding Stock Option granted to a Participant under the Plan after the date
          of grant or allowing a Participant to surrender an outstanding Stock Option
          granted under the Plan to the Company as consideration for the grant of a new
          Stock Option with a lower exercise price. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(h)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>No Rights as Shareholder.</B> No Participant shall have any voting or
          dividend rights or other rights as a shareholder with respect to any Shares
          subject to a Stock Option granted under the Plan before the date of transfer to
          the Participant of a certificate or certificates for such Shares and recording
          of the Participant&#146;s name on the Company&#146;s shareholder ledger as the
          holder of record of such Shares. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(i)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>No Right to Continue as Director.</B> Nothing contained in the Plan or any
          agreement under the Plan will confer upon any Participant any right to continue
          to serve as a director of the Company. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(j)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Severability.</B> If any provision of the Plan or any option agreement, if
          any, or any Award (a) is or becomes or is deemed to be invalid, illegal or
          unenforceable in any jurisdiction, or as to any person or Award, or (b) would
          disqualify the Plan or any option agreement under any law deemed applicable by
          the Committee, then such provision shall be construed or deemed amended to
          conform to applicable laws, or if it cannot be so construed or deemed amended
          without, in the determination of the Committee, materially altering the intent
          of the Plan, any option agreement, if any, or Award, such provision shall be
          stricken as to such jurisdiction, person or Award, and the remainder of the
          Plan, any such option agreement and any such Award shall remain in full force
          and effect. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(k)&nbsp;&nbsp;&nbsp;&nbsp;
          <B>Governing Law.</B> The validity, construction and effect of the Plan, any
          option agreement and any Award, and any actions taken under or relating to the
          Plan, any option agreement and any Award shall be determined in accordance with
          the laws of the State of Wisconsin and applicable federal law. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6 </FONT></P>




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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>JOHNSON OUTDOORS INC.<BR>1987
EMPLOYEES&#146; STOCK PURCHASE PLAN </FONT></H1>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1. &nbsp;&nbsp;&nbsp;&nbsp;Purpose. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Johnson Worldwide Associates,
Inc. 1987 Employees&#146; Stock Purchase Plan (the &#147;Plan&#148;) has been established
by Johnson Worldwide Associates, Inc., a Wisconsin corporation (the &#147;Company&#148;),
to allow employees of the Company and its subsidiaries to purchase shares of Class&nbsp;A
Common Stock of the Company (&#147;Company Shares&#148;) and thereby share in the
ownership of the Company. The Plan is intended to comply with the requirements of
Section&nbsp;423 of the Internal Revenue Code of 1986, as amended (the &#147;Code&#148;). </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2. &nbsp;&nbsp;&nbsp;&nbsp;Company Shares
Available for Purchase. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Subject to adjustment, in accordance
with Paragraph&nbsp;13, the maximum number of Company Shares which may be purchased
pursuant to the Plan shall be 210,000. Company Shares issued under the Plan may be
authorized and unissued shares or treasury shares of the Company. </FONT></P>


<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3. &nbsp;&nbsp;&nbsp;&nbsp;Administration. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Plan shall be administered by a
committee of the Board of Directors of the Company consisting of not less than
two&nbsp;(2) directors appointed for such purpose (the &#147;Compensation
Committee&#148;). The members of the Compensation Committee shall not, during the one-year
period preceding their appointment to the Compensation Committee or during such service,
have been granted or awarded any equity securities, purchase rights or options pursuant to
the Plan or any other plan of the Company or its subsidiaries, except as otherwise
permitted for &#147;disinterested persons&#148; within the meaning of Rule&nbsp;16b-3
under the Securities Exchange Act of 1934 or any successor provision. A majority of the
members of the Compensation Committee shall constitute a quorum. All determinations of the
Compensation Committee shall be made by at least a majority of its members. Any decision
or determination reduced to writing and signed by all of the members of the Compensation
Committee shall be fully as effective as it if had been made by a unanimous vote at a
meeting duly called and held. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In accordance with the provisions of
the Plan, the Compensation Committee shall establish such terms and conditions for the
grants of purchase rights as the Compensation Committee may deem necessary or advisable,
adopt such rules or regulations which may become necessary or advisable for the operation
of the Plan, and make such determinations, and take such other actions, as are expressly
authorized or contemplated in the Plan or as may be required for the proper administration
of the Plan in accordance with its terms. The Compensation Committee, in its discretion,
may appoint an individual (the &#147;Plan Administrator&#148;) to assist the Compensation
Committee in corresponding with employees, with record keeping and in performing other
administerial type functions in connection with the Plan; <I>provided, however,</I> that
the Plan Administrator shall exercise no discretion with respect to the interpretation of
the Plan or the of rights to purchase Company Shares pursuant to the Plan. The
interpretation of any provision of the Plan by the Compensation Committee and any
determination on the matters referred to in this paragraph shall be final. </FONT></P>




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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4. &nbsp;&nbsp;&nbsp;&nbsp;Eligibility. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>From time to time the Compensation
Committee shall designate from the group consisting of the Company, its parent and
subsidiary corporations (which may include corporations having become a parent or
subsidiary of the Company after the effective date of the Plan), the corporations whose
employees may participate in the Plan (a &#147;Designated Corporation&#148;). On any date
as of which a determination of eligibility is made, the term &#147;Eligible Employee&#148;
shall mean a &#147;full-time&#148; employee of a Designated Corporation who is of legal
age for the purpose of executing a binding contract not subject to disaffirmance in the
state of his residence, other than a &#147;highly compensated employee&#148; who has been
granted or awarded a stock option, stock appreciation right or stock award under the
Johnson Outdoors Inc. 2000 Long-Term Stock Incentive Plan. For purposes of the Plan,
(a)&nbsp;&#147;full-time&#148; employee of a Designated Corporation means an employee
thereof who customarily works at least 20 hours per week and more than five months per
calendar year, (b)&nbsp;&#147;subsidiary&#148; and &#147;parent&#148; have the meanings
given such terms in Section&nbsp;425 of the Code, and (c)&nbsp;&#147;highly compensated
employee&#148; has the meaning given to such term in Section&nbsp;414(q) of the Code. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5. &nbsp;&nbsp;&nbsp;&nbsp;Grant of Purchase
Rights. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In the discretion of the Compensation
Committee, each calendar year, or more frequently if deemed appropriate, beginning on such
date as the Committee may specify (the &#147;Grant Date&#148;), each employee who is then
an Eligible Employee of a Designated Corporation shall automatically be granted the right
to purchase a maximum of 250 Company Shares. In its discretion, the Compensation Committee
may change the maximum number of Company Shares available for purchase by each Eligible
Employee; <I>provided that</I> the maximum number of shares available for purchase shall
be the same for all Eligible Employees and all Eligible Employees shall have the same
rights and privileges with respect to the purchase of Company Shares under the Plan.
However, nothing contained herein shall require the Compensation Committee to cause any
purchase rights to be granted hereunder during any calendar year and the Compensation
Committee may, in connection with any grant of rights, specify the maximum number of
Company Shares in the aggregate available for purchase by all Eligible Employees during
any Purchase Period (the &#147;Maximum Number of Purchase Period Company Shares&#148;). </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Each purchase right shall be
exercisable during the 30-day period following the Grant Date (such period is hereinafter
referred to as the &#147;Purchase Period&#148;), subject to the limitations provided in
paragraphs&nbsp;2 and 8. In the event the Compensation Committee decides to cause any
purchase rights to be granted under the Plan, the Company shall send to each Eligible
Employee a written notice specifying the Grant Date and the terms and conditions of the
right, including the purchase price per share of Company Shares subject to such right. No
Company Shares may be issued pursuant to the exercise of purchase rights after the maximum
number of Company Shares provided for in paragraph&nbsp;2 has been purchased. Each
purchase right granted pursuant to this paragraph&nbsp;5 shall expire at 12:00&nbsp;P.M.,
30 days after the Grant Date. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>-2- </FONT></P>

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<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6. &nbsp;&nbsp;&nbsp;&nbsp;Exercise of Purchase
Rights. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Subject to the limitations elsewhere
in the Plan, including the limitations on exercise set forth in paragraph&nbsp;8,
employees may exercise their rights to purchase Company Shares granted under the Plan, in
whole, or in part, at any time during the Purchase Period; <I>provided, however,</I> that
no employee shall be entitled to exercise his purchase rights for less than the Applicable
Minimum Number, as defined below, of Company Shares. Employees wishing to exercise their
rights to purchase Company Shares granted under the Plan shall make applications on forms
prescribed by the Compensation Committee, which forms shall be deemed to include the full
terms and conditions of the Plan. Each application to purchase Company Shares shall be
accompanied by payment in full to the Company, in cash or its equivalent, of the purchase
price for such Company Shares. An application on the prescribed form, properly completed
and accompanied by the required payment, shall be deemed to be accepted as of the last day
of the Purchase Period, subject to adjustment in the number of Company Shares which may be
purchased by the Eligible Employee as provided for pursuant to this paragraph&nbsp;6.
Notwithstanding the foregoing, no application shall be accepted unless received by the
Plan Administrator or postmarked, if delivered by mail, on or before the last day of the
Purchase Period. For purposes of this paragraph&nbsp;6, the &#147;Applicable Minimum
Number&#148; of Company Shares which may be purchased during a Purchase Period shall be
such number of shares as the Compensation Committee, in its discretion, may determine. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>If applications to purchase a number
of Company Shares in excess of the Maximum Number of Purchase Period Company Shares are
received by the Plan Administrator, each employee properly exercising purchase rights
during such Purchase Period shall be entitled to purchase the number of Company Shares
determined by the sum of: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD ALIGN=RIGHT WIDTH=5%></TD>
<TD WIDTH=95%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Applicable Minimum Number of Company Shares; and  </FONT></P></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para (List) Indent Lv 1- TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD ALIGN=RIGHT WIDTH=5%></TD>
<TD WIDTH=95%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
pro rata portion of the Company Shares available after satisfying each           employee&#146;s
minimum purchase rights based on the number of shares with           respect to which
such employee has exercised his purchase rights and the           aggregate number of
shares with respect to which all employees have exercised           purchase rights
during the Purchase Period.  </FONT></P></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Notwithstanding any other provisions
in this paragraph&nbsp;6, the Compensation Committee may adjust the number of Company
Shares which may be purchased by an employee according to such non-discriminatory rules
and regulations as the Compensation Committee may establish. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>7. &nbsp;&nbsp;&nbsp;&nbsp;Purchase Price. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The purchase price per share of each
purchase right granted under the Plan shall be the lesser of (a)&nbsp;85% of the fair
market value, as determined by the Compensation Committee, of a Company Share on the Grant
Date and (b)&nbsp;85% of the fair market value, as determined by the Compensation
Committee, of a Company Share at the end of the Purchase Period. Unless otherwise
determined by the Compensation Committee, the fair market value of a Company Share shall
be the closing price of a Company Share in the over-the-counter market on the trading date
preceding the specified date, as reported by the Nasdaq National Market (or if such day is
a day for which no closing price for a Company Share is so set forth, the next preceding
day for which a closing price is so set forth). Notwithstanding the foregoing, the
purchase price per share of a Company Share shall in no event be less than the par value
of a Company Share. </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>-3- </FONT></P>

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<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8. &nbsp;&nbsp;&nbsp;&nbsp;Individual Limitation. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>No employee shall be granted the
right to purchase any Company Shares hereunder if such employee would own, directly or
indirectly, stock possessing 5% or more of the total combined voting power or value of all
classes of stock of the Company or any subsidiary or any parent of the Company. For
purposes of this 5% limitation, an employee will be considered as owning all stock which
the employee may purchase under any outstanding right or option, regardless of the
characterization and treatment of such right or option under the Code, and a right or
option will be considered outstanding even though under its terms it may be exercised only
in installments or only after the expiration of a fixed period of time. An employee will
be considered as owning stock attributable to him pursuant to Section&nbsp;425(d) of the
Code. Moreover, no employee may be granted a right to purchase Company Shares under the
Plan which permits such employee&#146;s rights to purchase stock under the Plan and all
employee stock purchase plans (as defined in Section&nbsp;423 of the Code) of the Company
and its parent and subsidiary corporations to accrue at a rate which exceeds $25,000 of
the fair market value of such stock (determined at the time such right is granted) for
each calendar year in which such right is outstanding at any time. The right to purchase
Company Shares shall be deemed to accrue when the right or option (or any part thereof)
first becomes exercisable during the calendar year. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>9. &nbsp;&nbsp;&nbsp;&nbsp;Limitations on
Exercise of Purchase Rights. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Purchase rights granted under the
Plan shall not become exercisable until such time as the Company Shares which may be
issued pursuant to the Plan (i)&nbsp;have been registered under the Securities Act of
1933, as amended (the &#147;Act&#148;), and any applicable state and foreign securities
laws; or (ii)&nbsp;in the opinion of the Company&#146;s counsel, may be issued pursuant to
an exemption from registration under the Act and in compliance with any applicable state
and foreign securities laws. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10. &nbsp;&nbsp;&nbsp;&nbsp;Stock Certificates. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Certificates covering the Company
Shares purchased under the Plan shall be issued as soon as reasonably practicable after
the last day of the Purchase Period. The Company will pay all stamp taxes and the like,
and all fees, in connection with such issue. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11. &nbsp;&nbsp;&nbsp;&nbsp;Nontransferability
of Purchase Rights. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>An employee&#146;s right to exercise
purchase rights under the Plan shall not be transferable by such employee and may be
exercised only by the employee. An employee&#146;s right to exercise purchase rights may
not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>-4- </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>12. &nbsp;&nbsp;&nbsp;&nbsp;Termination of
Employment. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In the event of termination of
employment of an employee, whether on account of death, discharge, resignation or any
other reason, all rights of the employee to exercise purchase rights under the Plan shall
terminate. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>13. &nbsp;&nbsp;&nbsp;&nbsp;Adjustments. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In order to prevent dilution or
enlargement of purchase rights, in the event of reorganization, recapitalization, stock
split, stock dividend, combination of shares, merger, consolidation or other change in
Company Shares, the Compensation Committee shall make appropriate changes in the number of
Company Shares which may be purchased pursuant to the Plan, and the number of Company
Shares covered by, and the purchase price under, each outstanding purchase right, and such
other changes in the Plan and outstanding purchase rights as the Compensation Committee
may deem appropriate under the circumstances. No rights to purchase a fractional Company
Share shall result from any such change. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>14. &nbsp;&nbsp;&nbsp;&nbsp;Restrictions on
Stock Transferability. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Compensation Committee shall
impose such non-discriminatory restrictions on the transfer of any shares of stock
acquired pursuant to the exercise of a purchase right under the Plan as it may deem
advisable, including, without limitation, restrictions under applicable Federal securities
law, under the requirements of any stock exchange upon which such shares of stock are then
listed, if any, and under any state and foreign securities laws applicable to such shares. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>15. &nbsp;&nbsp;&nbsp;&nbsp;Amendment/Termination. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Board of Directors may amend or
terminate the Plan at any time, but any such amendment or termination (other than an
adjustment contemplated by paragraph&nbsp;13) shall not affect purchase rights outstanding
at the time thereof; <I>provided, however,</I> that the Board of Directors may not,
without the approval of the shareholders of the Company, amend the Plan to
(i)&nbsp;increase the maximum number of Company Shares which may be purchased pursuant to
the Plan (except as provided in paragraph&nbsp;13); (ii)&nbsp;modify the requirements as
to eligibility for participation in the Plan; (iii)&nbsp;change the class of corporations
whose employees will be granted purchase rights under the Plan; or (iv)&nbsp;materially
increase the benefits to participants under the Plan. </FONT></P>

<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>16. &nbsp;&nbsp;&nbsp;&nbsp;Applicable Law. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Plan shall, to the extent not
inconsistent with applicable federal law, be construed under the laws of the State of
Wisconsin. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>17. &nbsp;&nbsp;&nbsp;&nbsp;Effective Date. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Plan shall become effective as of
the date of its adoption by the Board of Directors of the Company, subject to approval of
the Plan by the shareholders within twelve months of such effective date. Purchase rights
may be granted prior to such approval, <I>provided that</I> such purchase rights shall be
subject to such approval and shall not be exercised until after such approval. </FONT></P>


<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Last amended on December
4, 2003. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>-5- </FONT></P>

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