The city, the 10th largest in the
U.S. "We've had great success with a variety of
Schwinn -branded wheeled goods, and gas powered scooters are a natural
extension of the Schwinn brand. 2003 sales were US$1.

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As a result, readers are advised that actual results
may differ from expected results.

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gov. Schwinn plans to launch
additional models through 2005 in the 80cc or 125cc engine category .

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24 - Dorel Industries Inc." Each model is currently available in
two colors and will feature the Schwinn Quality Seal.
According to Powersports Business, a popular motorcycle industry trade
magazine , motor scooter sales grew at a rate of 18% in 2003. A 26" adult model of the Sting-Ray is now available as well. The research also shows that kids don't want just any
brand of chopper bicycle - they're specifically looking for the Schwinn Sting-
Ray name," commented Mr.6 - US$1.

Antique and collectible bicycles include those that are old and have become rare and desirable collectors items, are custom made or are of a limited production run.

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"San Jos has a long cycling history: the city's first bicycle club was
formed in 1884; one of the first pedal bicycles was invented here and we
have ten, established international bike manufactures in the area. The Office guides the City's
economic strategy, provides assistance for business success, helps connect
employers with trained workers , and provides Art and Cultural resources to
our community.

Dorel's Schwinn Brand Revs Up With New Motor Scooter Line

SV, DII. These statements are based on
suppositions and uncertainties as well as on management's best possible
evaluation of future events.

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535.sjeconomy. 2004 total U . Such factors may include, without excluding
other considerations, fluctuations in quarterly results, evolution in
customer demand for the Company's products and services, the impact of
price pressures exerted by competitors, and general market trends or
economic changes .

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The event, a three-day Friday, Saturday and Sunday, domestic professional,
amateur and community cycling gathering and competition, is expected to
attract more than 2,000 cycling athletes, 25,000 spectators and 50
cycling-related exhibitors."

Sting-Ray Mania Continues

Pacific has also launched three new Schwinn Sting-Ray models for 2005;
the Sting-Ray Three, a three-speed version of the highly popular 20" Street
Series chopper; a classic Grey Ghost Five-Speed; and a Classic purple Sting-
Ray.

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Building on San Jos's success as being the only
city to host two stages of the Amgen Tour of California, Paul Krutko,
director, Office of Economic Development, City of San Jos, has announced
that San Jos will host a multiple category weekend cycling event, the San
Jos Cycling Classic, May 18-20, 2007. Schwinn is one of the best-known and most respected brands in
bicycles .

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The board of directors includes:
Jeffrey Fillerup, partner, Luce Forward; Carl Guardino, president and CEO,
Silicon Valley Leadership Group; Jeremy Hartman, CXO Communication; Paul
Krutko, director , Office of Economic Development, City of San Jos; Dean
Munro, executive director, San Jos Sports Authority; Kim Walesh, assistant
director, Office of Economic Development, City of San Jos and Kevin
Winterfield, internal and executive communications, IBM Silicon Valley
Laboratory. It has
also unveiled add-ons to the highly popular Sting-Ray chopper-style bike,
which was voted outdoor Toy of the Year for 2004 at a New York City gala on
Saturday.

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"Based on the overwhelming cycling interest in the Bay Area, we will
leverage the tremendous grassroots presence of organized cycling to secure
participation and attendance in the San Jos Cycling Classic," Munro said. For more information , visit, www.

The Birth of Schwinn Motor Scooters.
"Market research indicates that our chopper bicycle style is not simply a
trend and that the Schwinn Sting-Ray has created great demand for this new
category of bicycle. In Canada, Dorel operates Dorel Juvenile
Group Canada , Ridgewood Industries and Dorel Home Products.

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Funds raised from the San Jos Cycling
Classic will be earmarked to enhancing, building and maintaining the South
Bay's public cycling infrastructure and promoting cycling safety.

Schwinn introduced the first models of its new line of motor scooters at
the 2005 Dealernews International Powersports Dealer Expo in Indianapolis,
Indiana .

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The board of directors of the San Jos Cycling Classic intends to coalesce
civic , business and community leaders who want to use cycling as a way to
raise overall quality-of-life , to advocate its fitness benefits and to
serve as an economic driver.8177, or kim.walesh@sanjoseca . For more information, please visit, www.com. Today, San Jose stands as the
largest city in Northern California and the Capital of Silicon Valley --
the world's leading center of innovation.

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About the City of San Jos

From its founding in 1777 as California's first city, San Jose has been a
leader, driven by its spirit of innovation. Three 50cc models were showcased; the Schwinn "Campus ," the Schwinn
"Collegiate" and the Schwinn "Graduate.
The 20" Street Series Schwinn Sting -Ray went on to become what Schwinn
believes to be the fastest selling bicycle of all time, and has won the 2004
Toy of the Year award for the best outdoor toy at the fifth-annual
International Toy Fair Awards, hosted this past weekend by the Toy Industry
Association. US operations include the Dorel Juvenile Group
USA, which incorporates the Cosco and Safety 1st brands; Ameriwood Industries ,
Cosco Home + Office; and Pacific Cycle, which includes the Schwinn, Mongoose,
GT, InSTEP and Roadmaster brands.

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"It's going to be a terrific event.
"Schwinn is a highly trusted name in the wheeled goods category and is
one of the most recognized and respected brands in the US," said Dorel
President and CEO, Martin Schwartz.

Profile

Dorel is a global consumer products company which designs, manufactures
or sources, markets and distributes a diverse portfolio of powerful product
brands, marketed through its Juvenile, Home Furnishings, and
Recreational /Leisure segments.8 billion.

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"The motor scooter market is the fastest growing motorcycle segment . Schwinn Motor Scooters will bring additional traffic and sales to
independent bicycle dealerships .
Launched in April 2004, more than 500,000 Sting Ray units were sold up to
December 31, 2004 .
Dorel Industries will announce full year-end results on March 9, 2005.
Dorel Asia sources and imports home furnishings. 2004 sales
are expected to be between US$1.

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"

For more information about sponsorship opportunities, please contact Kim
Walesh, 408.gov. Schwinn
has launched a new category of four-stroke gas-powered motor scooters.S.

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We
intend for the San Jos Cycling Classic to build on our history and on the
momentum created by the recent Amgen Tour of California to further the City
of San Jos and the greater South Bay region as a global center of amateur
and professional cycling sport," Krutko said. In addition, the city has one out of only 19
velodromes in the United States.

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PRESS RELEASE City of San Jose to Host Inaugural San Jose Cycling Classic May 18-20 2007

2 billion.

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"This new, high quality product represents an opportunity to
motorcycle dealers and bicycle shops that can accommodate gas-powered mobility
products.

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According to the City of San Jos 's Department of Transportation, San Jos
has more than 38,000 bike commuters traveling on more than 150-miles of
on-street bikeways. Hornung.

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About the City of San Jos's Office of Economic Development

The City of San Jose's Office of Economic Development (OED) is committed to
a vital, competitive San Jose economy that increases prosperity for people
and companies and enhances City revenues.
scooter sales are estimated to be well over 100,000 units.
"The motor scooter market is booming," said Pacific Cycle CEO, Chris
Hornung.

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, is committed to remaining a top-ranked place to do business, to work
and to live.sanjoseca. - New Series of Sting-Rays Launched to Ride Bike's Wave of Popularity
- Sting-Ray Bike Voted Outdoor Toy of the Year

MONTREAL, Feb. Dorel employs approximately
5,000 people in fourteen countries.

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The program for the event will encompass a category 1 -5 amateur road
criterium (a multi-lap one-day race), a USA Cycling-sanctioned
Olympic-level BMX competition, a NORBA (National Off-Road Bicycle
Association)-sanctioned mountain biking competition , an invitational
dirt-jump competition, a public century ride, cycling and health
exhibitions and a two-night weekend evening street fair in downtown San
Jos with heavy involvement from local restaurants, nightclubs and bars.

Forward-Looking Statements

Except for historical information provided herein, this press release may
contain information and statements of a forward -looking nature concerning
the future performance of the Company.

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(TSX:
DII.MV; NASDAQ: DIIB ) today announced new initiatives by its Pacific
Cycle division aimed at leveraging the strength of its Schwinn brand. The Dorel Juvenile
Group Europe carries out activities throughout Europe, under the Maxi-Cosi,
Quinny, Safety 1st, Bebe Confort, Babideal, MonBebe and Baby Relax brands.

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- - kjjkjk

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