July 9, 2003

OLATHE, Kan. — Garmin International Inc., a unit of Garmin Ltd. (Nasdaq: GRMN), today announced the Fishfinder 120, an ideal sonar for the recreational angler. The Fishfinder 120 builds on the highly successful Fishfinder 80 as an innovative and reasonably priced sonar device. The Fishfinder 120 was formally introduced at the International Convention of Allied Sportfishing Trades (ICAST), held at the Las Vegas Convention Center.

"The Fishfinder 120 is a perfect balance of functionality and affordability," said Gary Kelley, Garmin’s director of marketing. "Weekend anglers have been asking for a quality built, feature-packed sonar unit with a large, easy-to-view display — that doesn’t break the bank. That’s exactly what the Fishfinder 120 delivers."

The Fishfinder 120 features a robust 240x128 pixel, four-level grayscale display in a 4.5-inch diagonal screen, making it one of the largest displays and highest resolution fishfinders in its class. The display takes full advantage of Garmin’s patented Depth Control Gain® (DCG) and its See-Thru® technology, helping anglers determine bottom hardness and locate fish in difficult hiding spots, like thermoclines and underwater structure. And at the touch of a button, the Fishfinder 120 lets anglers adjust the range, gain, and zoom functions quickly and easily. The Fishfinder 120 also features Garmin’s innovative 360-degree swivel mount and quick release mechanism to increase utility and security.

Also included with the unit is a temperature sensing 200-kHz transducer, which transmits at 800 watts (peak-to-peak) and 100 watts (RMS), to a maximum depth of 600 feet. The patented transducer design allows for mounting on either the transom or trolling motor.

• Display Type: FSTN, four-level grayscale
• Backlighting for display and keypad: three-level adjustable incandescent
• Viewing area: 3.3"W x 3.3"H (4.5" diagonal)
• Unit Dimensions: (WxHxD): 6.1" x 4.9" x 2.6"
• Internal memory backup for user settings with power disconnected
• Graphic whiteline provides clear image of bottom hardness and structure
• Alarms: shallow water, deep water, battery voltage, and fish
• Adjustable range, gain, zoom, and scroll speed
• Waterproof design to IPX-7 standards: submersible in three feet of water for up to 30 minutes

The Fishfinder 120 is available now at a suggested retail price of $127.99. It will ship standard with a transducer, power cable, swivel mounting bracket, and owner’s manual. The Fishfinder 120 is also sold as a portable unit, which comes with a power case and suction-mount transducer.

Garmin International Inc. is a member of the Garmin Ltd. (Nasdaq: GRMN) group of companies, which designs and manufactures navigation, communication and information devices — most of which are enabled by GPS technology. Garmin is a leader in the general aviation and consumer GPS markets and its products serve aviation, marine, outdoor recreation, automotive, wireless and OEM applications. Garmin Ltd. is incorporated in the Cayman Islands, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin's virtual pressroom at www.garmin.com/pressroom or contact the Media Relations department at 913-397-8200. Garmin, DCG, and See-Thru are registered trademarks, and Fishfinder 120 and Fishfinder 80 are trademarks of Garmin Ltd. or its subsidiaries.

Notice on forward-looking statements:
This release includes projections and other forward-looking statements regarding Garmin Ltd. and its business. Any statements regarding the company’s future financial position, revenues, earnings, product introductions, plans and objectives are forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of risk factors affecting Garmin. Information concerning risk factors that could affect Garmin’s actual results is contained in the Annual Report on Form 10-K for the year ended December 28, 2002, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of Garmin’s Form 10-K can be downloaded from www.garmin.com/aboutGarmin/invRelations/finReports.html.