Garmin Ltd. announced a record quarter ended September 29, 2007.

Third Quarter 2007 Financial highlights:
• Total revenue of $729 million, up 79% from $408 million in third quarter 2006
• Automotive/Mobile segment revenue increased 118% to $519 million in third quarter 2007
• Aviation segment revenue increased 27% to $74 million in third quarter 2007
• Outdoor/Fitness segment revenue increased 24% to $88 million in third quarter 2007
• Marine segment revenue increased 17% to $48 million in third quarter 2007
• All geographic areas experienced significant growth:
• North America revenue was $454 million compared to $265 million, up 71%
• Europe revenue was $227 million compared to $120 million, up 89%
• Asia revenue was $48 million compared to $23 million, up 109%
• Revenue from our automotive/mobile segment continued to become a larger portion of total
company revenues when compared with the same quarter in 2006, at 71% of total revenues.
• Diluted earnings per share increased 57% to $0.88 from $0.56 in third quarter 2006; excluding
foreign exchange, EPS increased 78% to $0.89 from $0.50 in the same quarter in 2006.
Year-to-Date 2007 Financial highlights:
• Total revenue of $1.96 billion, up 69% from $1.16 billion year-to-date 2006
• Automotive/Mobile segment revenue increased 109% to $1.34 billion in year-to-date 2007
• Aviation segment revenue increased 30% to $224 million in year-to-date 2007
• Outdoor/Fitness segment revenue increased 10% to $225 million in year-to-date 2007
• Marine segment revenue increased 21% to $170 million in year-to-date 2007
• All geographic areas experienced significant growth:
• North America revenue was $1.23 billion compared to $700 million, up 76%
• Europe revenue was $631 million compared to $400 million, up 58%
• Asia revenue was $101 million compared to $63 million, up 60%
• Diluted earnings per share increased 64% to $2.50 from $1.52 in year-to-date 2006; excluding
foreign exchange, EPS increased 68% to $2.48 from $1.48 in the same period in 2006.

Business highlights:
• Strong sales in our automotive/mobile segment continue to exceed our expectations and drive our
increased guidance for the remainder of 2007.
• Aviation and marine segment results put them on track to meet or exceed earlier full year guidance
for these segments. Given improving sales in our outdoor/fitness segment, we continue to
anticipate this segment will reach our full year guidance with seasonally strong holiday sales.
• 2.69 million units sold in the third quarter of 2007, up 119% from the same quarter in 2006; yearto-
date units sold increased 97% from the same period in 2006.
• Completed the initial build-out of our third Taiwan manufacturing facility, increasing the number of
production lines from 31 to 37, and production capacity at the end of the third quarter to an annual
run rate of approximately 16 million units. Expansion of our R&D and other office space in Taiwan
continues.
• Expansion of our North American warehouse in Olathe, Kansas continues, with expected completion
in Q1 2008.
• We continued to work to increase our retail penetration and broaden our distribution as retailers
laid the groundwork for the upcoming holiday selling season. Our initial order book for the holiday
season is strong, as PNDs are positioned to be a popular item during the holiday season.
• Due diligence work continues on previously announced acquisitions of distributors in Spain, Italy,
and Denmark. These activities are part of our ongoing efforts to improve our market share in
Europe.