The dealership is a crucial
component of the boat manufacturer's success. Following Grady-White in
the rankings are Triton, Parker, Scout and Sailfish, respectively . Regal, with substantial gains from 2005, and
Rinker follow Sea Ray in the rankings, respectively . Four Winns, Crownline, Sea Ray and Glastron,
respectively, follow Regal in the segment rankings . Power and
Associates.com

(i) Not all segments include every factor.5 million back to the
communities in which they do business through grants and outreach programs. While anyone may join or shop at REI,
members pay a one-time $15 fee and receive a share in the company's profits
through an annual member refund based on their purchases."

About Gander Mountain Company
Gander Mountain Company (Nasdaq: GMTN), headquartered in Saint Paul,
Minnesota, is the nation 's largest retail network of stores for hunting,
fishing, camping, marine and outdoor lifestyle products and services.

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J.D. Power and Associates Reports: Bass Cat Correct Craft Cobalt Grady-White Manitou Regal and Sea Ray Rank Highest in Satisfying New-Boat Owners

D.

About The McGraw-Hill Companies
Founded in 1888, The McGraw-Hill Companies is a leading global information
services provider meeting worldwide needs in the financial services, education
and business information markets through leading brands such as Standard +
Poor's, McGraw-Hill Education, BusinessWeek and J. Taking young people to the banks of the Bronx
River, Rocking the Boat introduces a future generation of environmental
stewards to many aspects of environmental awareness, including habitat
monitoring and restoration projects, in a fun and engaging way. Founded in 1938
by a group of Pacific Northwest mountaineers seeking quality equipment, REI is
today the nation's largest consumer co-op with more than 2.

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All of the boat segments decline in product satisfaction, with the exception
of large runabouts and express cruisers, which improve slightly from 2005.

The 2006 Boat Competitive Information Study is based on responses from
12,255 owners who registered a new boat between June 2004 and May 2005.com

No advertising or other promotional use can be made of the information in
this release without the express prior written consent of J. The stores feature
national, regional and local brands as well as the company's owned brand.

This category is for sites relating to the complete fabrication and manufacture of wooden boats.

cranchi sportboats

Dealer Performance Improves While Customer Product Satisfaction Declines

WESTLAKE VILLAGE, Calif.
Bennington, Premier, Harris FloteBote and Aqua Patio , respectively, follow
Manitou in the rankings. J.
The Corporation has more than 290 offices in 38 countries. This approach is mirrored in the on-water education program
through direct focus on Bronx River habitat monitoring and restoration and
through maritime skills training.

rowboats runabout

"This drop is
driven in part by an increase in the number of reported problems per boat. On a positive note , it appears some of the industry
initiatives to improve dealer satisfaction are working, with trending
continuously improving over the past four years.
On Friday, July 22 in Manhattan, Green and the students of Rocking the
Boat launched their latest accomplishment, a new 16-foot Melonseed Skiff
sailboat, into the Hudson River. There are currently 98 conveniently located
Gander Mountain outdoor lifestyle stores in 18 states.

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(Logo: http://www.

Coastal fishing segment (17 to 28 feet)
Grady-White ranks highest in the coastal fishing segment for a fifth
consecutive time, receiving the highest segment ratings in the areas of engine
and ride/handling, as well as sales satisfaction. Correct Craft is followed in the segment rankings by MasterCraft,
which records considerable improvements in overall satisfaction from 2005.

To contribute to Rocking the Boat, please go to
http://www.

The company has previously announced new store
openings this spring in Tyler, Texas; Mooresville, North Carolina; and Blaine,
Minnesota.

runabouts rieff

However, a positive trend with dealer performance continues as customers rate
their experiences higher than in past years .
Executive Director of Rocking the Boat, Adam Green, commented on REI's
challenge grant, "REI's generosity is a tremendous opportunity for us on many
levels.

runabout herreshoff

, Bass Cat, Correct Craft,
Cobalt , Grady-White, Manitou, Regal and Sea Ray rank highest in customer
satisfaction in seven boat segments included in the J.com/cgi-bin/prnh/20050527/LAF028LOGO-a )
The study, now in its fifth year, measures owner satisfaction with new
boats among 78 boat brands in seven segments: ski/wakeboard , fiberglass bass
boats, small runabouts (16 to 19 feet), large runabouts (20 to 29 feet),
coastal fishing (17 to 28 feet), pontoons and express cruisers (24 to
33 feet).
Six boat brands have been added to the study for 2006: Sailfish, Parker
and Sea Boss are included in the coastal fishing segment; Champion in the bass
boat segment; and Sunchaser and Bentley in the pontoon segment. Bass Cat, Ranger and Champion all receive a boost from using
high-technology, high-horsepower engines . Sales in 2005 were
$6. Power and Associates Media Relations Contacts:
John Tews Peter Dadlani
Director, Media Relations Supervisor, Media Relations
Troy , Mich. Gander
Mountain stores offer a broad assortment of equipment, apparel and services
for hunting, fishing, camping, boating and other outdoor pursuits at great
value, while delivering exceptional service through knowledgeable associates
who are passionate about the outdoors.

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Overall customer satisfaction index scores are based on performance
in nine categories: cabin; engine; ride/handling; helm/instrument panel;
design/styling; sound system; maintenance; water sports; and fishing.D.
This process allows high school students to acquire practical, academic, and
social skills. For the nearest store
location call 800-282-5993 or visit http://www. Certain of these risks and uncertainties are described in
the "Risks and Factors Affecting Current and Future Results" section of the
company 's Annual Report on Form 10-K for fiscal 2004 and other required
reports, as filed with the SEC, which are available at
http://www.sec.

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(i)
The study finds that as expectations among new-boat owners increase,
overall customer satisfaction has declined in five of seven boat segments."
While marine sales and service is improving, it still lags substantially
behind other industries, including automotive. One of the reasons is a
frequent inability to fix the boat right the first time it is brought to the
dealer for service.D. (REI), a
renowned supplier of specialty outdoor gear and clothing, has awarded Rocking
the Boat, a non-profit boatbuilding and environmental education youth
development program, a $10,000 challenge grant to assist in the future growth
of the organization , it was announced today. ST.
Gander Mountain is remodeling existing buildings for both of the stores
and expects to open them in September 2006.gov .

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In
particular, we see a substantial decline in quality in the pontoon and bass
boat segments.

Bass boat segment
For a second consecutive year, Bass Cat ranks highest in the bass boat
segment. Power and Associates
Headquartered in Westlake Village, Calif. Green, who was be filmed during the event
for an episode of Queer Eye for The Straight Guy, challenged everyone from
community members and leaders to corporate sponsors and others to help raise
the additional $10,000 to match for REI's grant. In 2005, REI will give over $2.

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Power and Associates
2006 Boat Competitive Information Study(SM) released today.
Ranger, Champion and Triton, respectively, follow Bass Cat in the segment
rankings.D.

Recreational Equipment Inc. Awards $10 000 Challenge Grant to Rocking the Boat

" Although he has until December 31 to fulfill the
challenge, Green hopes to have it completed as soon as possible to start
putting the money to use.

Gander Mountain Company Will Enter Florida and West Virginia in Fall 2006

Cautionary Note Regarding Forward-Looking Statements
Any statements in this release that are not historical or current facts
are forward-looking statements. All forward-looking statements in this release
are made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995.

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asp?ID=2006026

About J. Power and Associates.0 billion. Rocking the Boat
is a great example of what one dedicated individual can do to make a
difference.
REI is helping build a lasting legacy of trails, rivers, and wildlands for
generations to come, supporting programs to help people of all ages and
experiences participate. A portion of REI's profits
is set aside each year for support of environmental stewardship and outdoor
recreation causes.

boatbuilding clinker

Pontoon segment
With significant year-over-year gains in customer satisfaction, Manitou
receives its first award, ranking highest in the pontoon boat segment.

Small runabout segment (16 to 19 feet)
Regal ranks highest in the small runabout boat segment with the strongest
performance yet seen in this segment, improving substantially in satisfaction
and quality from 2005. Power and Associates is an
ISO 9001-registered global marketing information services firm operating in
key business sectors including market research, forecasting, consulting,
training and customer satisfaction . The firm's quality and satisfaction
measurements are based on responses from millions of consumers annually. http://www.
Focused on a "We Live Outdoors(R)" culture, Gander Mountain dedicates itself
to creating outdoor memories.

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Express cruiser segment (24 to 33 feet)
With particularly high ratings in product quality, owner loyalty and
dealer sales and service, Sea Ray ranks highest among express cruiser boats
for a fourth consecutive time.org or call (718) 466-5799. REI offers products from all of the top brands including its own line
of award-winning gear and apparel. PAUL , Minn. These statements involve known and unknown
risks, uncertainties and other factors that may cause our actual results,
performance or achievements to be materially different from any future
results, performances or achievements expressed or implied by the forward-
looking statements .

Sites listed in this category manufacture complete, water ready, boats and not just a part of the boat.

runabouts skiffs

"This is the first dip in product satisfaction that we've seen in five
years," said Eric Sorensen, director of the marine practice., J.
David Jayo, REI's Corporate Giving Program Manager stated, "REI recognizes
that today's youth will be tomorrow's stewards of the environment .

boatworks motorboats

Regal, Crownline, Sea Ray and
Chaparral, respectively, follow Cobalt.

Ski/wakeboard segment
Correct Craft ranks highest in the ski/wakeboard segment for a fourth
consecutive time, receiving the highest ratings in five of seven feature
categories.dadlani@jdpa. Both programs allow students opportunities
to gain a deeper awareness of their own abilities and possibilities in the
natural and urban world.

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newscom.D.mcgraw-hill.com.D.
(248) 312-4119 (805) 418-8103
peter.

"
REI selected Rocking the Boat for this challenge grant based on the
outstanding level of commitment Green has shown to giving New York City youth
expanded opportunities to explore and learn about their own local environment
through outdoor recreation.

During the process of building a traditional
wooden boat, Rocking the Boat students create something not only beautiful,
but practical in their own lives, bridging urban and natural life within their
neighborhoods. One of the new stores will be located
in Lake Mary, Florida, just north of Orlando , and the other will serve
Charleston, West Virginia.
"We are excited to introduce Gander Mountain 's extensive assortment and
unparalleled customer service to customers in these two great hunting and
fishing markets," said Mark Baker, president and CEO.GanderMountain.

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Customers who get their boats fixed right the first
time are 60 percent more satisfied with their dealers and boats overall . Westlake Village, Calif. It will allow us to continue to develop our environmental and
boatbuilding education programs, enable us to expand our base of support by
going through the challenge process, and serve as a model for other
corporations to follow.rockingtheboat. Later in the year, the company anticipates announcing an
additional one to three new store openings for the fall of 2006. Each will include an in-store professional gunsmith, a
full-service archery shop with shooting lanes, a Power Shop for servicing
small engines and a Gander Lodge meeting space, available to local
organizations free of charge. The Lake Mary store will carry Gander Mountain's
broader assortment of Genmar fishing and recreational boats, in addition to
the usual selection of canoes , kayaks and aluminum fishing boats. "With this first store
in Florida, we take a significant step forward in increasing the geographic
diversity of our stores, while the opening in West Virginia adds to our
growing presence in the mid-Atlantic region.

woodstrip marshallberg

While the industry is making efforts to grow boating, there has actually
been a decline in the percentage of first-time buyers, falling from 28 percent
of all respondents in 2003 to 26 percent in 2006.

Bass Boat Segment Ranking
(Based on a 1,000-point scale)

Manufacturer Index Score
Bass Cat 925
Ranger 899
Champion 880
Triton 873
Skeeter 861
Bass Boat Segment Average 861
Stratos 836
Nitro 829

Coastal Fishing Segment Ranking
(Based on a 1,000-point scale)

Manufacturer Index Score
Grady-White 888
Triton 871
Parker 838
Scout 833
Sailfish 831
Century 815
Hydra -Sports 814
Boston Whaler 809
Polar 809
Cobia 802
Sea Hunt 802
Coastal Fishing Segment Average 800
Key West 798
Triumph 795
Seaswirl 793
Aquasport 788
Pro-Line 778
Wellcraft 771
Angler 761
Trophy 746
Sea Boss 741
Sea Fox 739

Express Cruiser Segment Ranking
(Based on a 1,000-point scale)

Manufacturer Index Score
Sea Ray 809
Regal 807
Rinker 792
Express Cruiser Segment Average 773
Chaparral 743
Bayliner 727

Pontoon Segment Ranking
(Based on a 1,000-point scale)

Manufacturer Index Score
Manitou 835
Bennington 832
Premier 829
Harris FloteBote 818
Aqua Patio 813
G3 811
Crest 808
Lowe 797
Sweetwater 796
Weeres 794
Pontoon Segment Average 790
Playbuoy 778
Starcraft 774
Bentley 768
Odyssey 763
SunTracker 720

Small Runabout Segment Ranking (16 to 19 feet)
(Based on a 1,000-point scale)

Manufacturer Index Score
Regal 822
Four Winns 793
Crownline 788
Sea Ray 762
Glastron 761
Stingray 754
Larson 744
Small Runabout Segment Average 742
Chaparral 739
Maxum 714
Tahoe 714
Bayliner 710

Large Runabout Segment Ranking (20 to 29 feet)
(Based on a 1,000-point scale)

Manufacturer Index Score
Cobalt 896
Regal 832
Crownline 829
Sea Ray 827
Chaparral 817
Baja 816
Four Winns 816
Large Runabout Segment Average 813
Rinker 808
Monterey 804
Stingray 799
Larson 785
Maxum 769
Bayliner 749

Ski/Wakeboard Segment Ranking
(Based on a 1,000-point scale)

Manufacturer Index Score
Correct Craft 911
MasterCraft 906
Ski/Wakeboard Segment Average 875
Malibu 873
Tige 862
Moomba 828

A PDF version of this ranking chart is available at:
http://www.

About REI
REI is a national outdoor retail cooperative committed to inspiring,
educating and outfitting for a lifetime of outdoor adventure. Since
1960, the Gander Mountain brand has offered an expanding assortment of
competitively priced outdoor equipment, technical apparel and footwear, as
well as gunsmith, archery, ATV and marine services.

boatbuilding runabout

Large runabout segment (20 to 29 feet)
Cobalt ranks highest in the large runabout segment for a fifth consecutive
time. Additional information is available at
http://www.5 million active
members.

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The study finds that service is done correctly just
77 percent of the time. Bass Cat also receives the highest index score in the study.jdpower.

About Rocking the Boat
Rocking the Boat, http:/ /www.
Through a hands-on alternative approach to education and youth development,
Rocking the Boat addresses the need for inner city youth to achieve practical
and tangible goals, relevant to both everyday life and future aspirations.

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D.jdpower. Rocking the Boat Celebrated REI's Donation on Friday , July 22 in Manhattan
During the Launch of Their Latest Accomplishment - A Hand-Made 16-Foot
Sailboat

NEW YORK, Recreational Equipment Inc. REI is
committed to providing opportunities for young people to experience the joys
of outdoor recreation and learn how to care for open spaces. In addition to
the challenge grant, REI has also presented Rocking the Boat with an
assortment of outdoor gear so that Rocking the Boat will have a "gear bank "
for students participating in these programs.org, is a boatbuilding and on-
water education program based out of the southwest Bronx, New York City.com and REI-OUTLET. The Lake Mary store will be
approximately 80,000 square feet and the Charleston store will occupy 65,000
square feet, and both will have additional outside selling space for larger
items such as ATVs.com .

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However, fewer than one-half of
the dealers are offering their customers a test ride, which is a simple way to
improve overall sales and product satisfaction.
"We are seeing a lot of success in the ski/wakeboard segment in attracting
new boaters, while pontoons have declined substantially in this area," said
Sorensen. Cobalt leads the segment by a wide margin, receiving the highest
ratings in all seven feature categories .
Power and Associates is a business unit of The McGraw-Hill Companies.rockingtheboat.
Rocking the Boat runs programming in both boatbuilding and environmental
science, coordinating three after school and summer programs in each
discipline annually, working directly with over 150 students, all of whom
receive high school credit., Gander Mountain
Company (Nasdaq: GMTN) today announced the signing of leases for two new
outdoor lifestyle specialty stores to open in the fall of 2006 .

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com/news/releases/pressrelease.

J. REI currently
operates stores in 25 states, two online stores -- REI.com
-- and an adventure travel company, REI Adventures.

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