January 16, 2003

Garmin® Ltd. Invites You to Listen to Its Fourth Quarter 2002 Earnings Call; Announces Record Date for Annual Meeting

CAYMAN ISLANDS / January 16, 2003 / PRNewswire / — Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its fourth quarter 2002 earnings conference call that will be broadcast over the Internet on Wednesday, Feb. 12, 2003 at 11 a.m. ET, with executives of Garmin. The call will be held in conjunction with the company's earnings release, which will be distributed prior to market open on Feb. 12.

What: Garmin Ltd. Fourth Quarter 2002 Earnings Call

When: Wednesday, Feb. 12, 2003 at 11:00 a.m. ET

Where: Investor Relations Event Calendar

How: Simply log on to the Web at the address above or call to listen in at 866-783-5359.

Contact: investor.relations@garmin.com

A phone recording will be available for 24 hours following the earnings call and can be accessed by dialing 800-252-6030 and utilizing the access code 15091084. An archive of the live webcast will be available until March 12, 2003 on the Garmin website at www.garmin.com. To access the replay, click on the Investor Relations link and click over to the Events Calendar page.

Garmin Ltd. also announced that its annual shareholders' meeting will be held at 10:00 a.m., Central Time, on June 6, 2003 at the Ritz Charles Conference Center, 9000 West 137th Street, Overland Park, KS 66221. The record date for shareholders entitled to vote at the annual meeting is April 18, 2003.

Through its operating subsidiaries, Garmin Ltd. designs and manufactures navigation, communication and information electronics. Garmin is a leader in the general aviation and consumer GPS markets and its products serve aviation, marine, outdoor recreation, automotive, wireless and OEM applications. Garmin Ltd. is incorporated in the Cayman Islands, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit the Investor Relations site of Garmin Ltd. at www.garmin.com or contact the Investor Relations department at 913-397-8200.