The Toro Company Announces Stock Grant to Timothy Dordell

BLOOMINGTON, Minn.--(BUSINESS WIRE)--Nov. 7, 2006--The Toro Company (NYSE:TTC), as required by New York Stock Exchange rules, today reported the grant of restricted stock to a new employee, Timothy Dordell, vice president and deputy general counsel.

The Compensation and Human Resources Committee of the board of directors for The Toro Company awarded 2,620 restricted shares of common stock to Dordell as an employment inducement award.

The award will be vested 100 percent on the second anniversary of Dordell's first day of employment with Toro. In the event Dordell 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, Director, Investor Relations, 952-887-8865
or
Media Relations:
Connie Kotke, Manager, Corporate Communications,
952-887-8984
pr@toro.com
www.thetorocompany.com

SOURCE: The Toro Company

Our Company

At The Toro Company, we take great pride in helping our customers enrich the beauty, productivity, and sustainability of the land. Founded in 1914, The Toro Company was built on a tradition of quality and caring relationships. Today, the company is a leading worldwide provider of innovative solutions for the outdoor environment including turf maintenance, snow and ice management, landscape, rental and specialty construction equipment, and irrigation and outdoor lighting solutions. Through a strong network of professional distributors, dealers and retailers in more than 125 countries, we proudly offer a wide range of products across a family of global brands to help golf courses, professional contractors, groundskeepers, agricultural growers, rental companies, government and educational institutions, and homeowners – in addition to many leading sports venues and historic sites around the world.