BLOOMINGTON, Minn.--(BUSINESS WIRE)--Nov. 30, 2006--The Toro Company (NYSE:TTC), as required by New York Stock Exchange rules, today reported the grant of restricted stock to Pete Ramstad, who has joined the company as vice president of business and strategic development.

The Compensation and Human Resources Committee of the board of directors for The Toro Company awarded 2,300 restricted shares of common stock to Ramstad as an employment inducement award.

The award will be vested 100 percent on the second anniversary of Ramstad's first day of employment with Toro. In the event Ramstad voluntarily terminates his employment with Toro prior to his second anniversary with Toro, the entire stock grant will be forfeited and the shares will be returned to Toro's treasury account.

In accordance with NYSE Rule 303A.08, this inducement stock award requires a public announcement of the award and written notice to the NYSE.

About The Toro Company

The Toro Company (NYSE:TTC) is a leading worldwide provider of outdoor beautification products, support services and integrated solutions. With sales of $1.8 billion in 2005, Toro is committed to providing environmentally responsible products of customer-valued quality and innovation. Since 1914, the company has built a tradition of excellence around a number of strong brands that serve a customer base that includes golf course superintendents, groundskeepers, sports field managers, landscape and irrigation contractors, fruit and vegetable growers, and homeowners. The Toro Company is headquartered at 8111 Lyndale Avenue in Bloomington, Minn. Visit the company website at www.thetorocompany.com.

CONTACT: The Toro Company
Investor Relations:
John Wright, 952-887-8865
Director, Investor Relations
or
Media Relations:
Connie Kotke, 952-887-8984
Manager, Corporate Communications
pr@toro.com
www.thetorocompany.com

SOURCE: The Toro Company