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Press release from GlobeNewswire (a Nasdaq OMX company)

Douglas Dynamics Declares Quarterly Cash Dividend

Friday, September 07, 2012

Douglas Dynamics Declares Quarterly Cash Dividend04:30 EDT Friday, September 07, 2012MILWAUKEE, Sept. 7, 2012 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), the North American leader in the design, manufacture and sale of snow and ice control equipment for light trucks, today announced that pursuant to the Company's dividend policy its board of directors has declared a quarterly cash dividend of $0.205 per share of the Company's common stock. The declared $0.205 per share cash dividend will be paid on September 28, 2012 to stockholders of record as of the close of business on September 18, 2012.About Douglas Dynamics Headquartered in Milwaukee, Wisconsin, Douglas Dynamics designs, manufactures and sells snow and ice control equipment for light trucks, which is comprised of snowplows and sand and salt spreaders, and related parts and accessories. Douglas Dynamics sells its products under the WESTERN®, FISHER® and BLIZZARD® brands through a distributor network, primarily consisting of truck equipment distributors located throughout the Midwest, East and Northeast regions of the United States as well as all provinces of Canada. More information can be found at www.douglasdynamics.com. The Douglas Dynamics, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7433CONTACT: Douglas Dynamics, Inc. Bob McCormick 414-362-3868 investorrelations@douglasdynamics.com