Award Chart

EXHIBIT 1

AWARD CHART

                                                         
 
                                                  PERFORMANCE SHARE
NAME OF OFFICER AND
  STOCK OPTIONS (# OF           AMIPII AWARDS (MAXIMUM $
  CORPORATE AND/OR DIVISION
  AWARDS (#OF
TITLE
  SHARES)1
          VALUE)2
          GOALS3
          SHARES)4
     
   
   
       
Kendrick B.
Melrose, CEO
    2,000               1,163,000             Corporate Only
          None
 
                                                       
Michael J. Hoffman,
President & COO
    20,000               715,000             Corporate only
            18,000  
 
                                                       
Stephen P. Wolfe,
Vice President &
CFO
    10,700               384,800             Corporate Only
            9,600  
 
                                                       
Karen M. Meyer,
Vice President,
Administration
    10,200               362,600             Corporate Only
            9,000  
 
                                                       
Timothy A. Ford,
Group Vice
President
    8,100               336,400             Corporate Only
            7,200  
 
                                                       
J. Lawrence
McIntyre, Vice
President, Secy. &
General Counsel
    7,000               275,000             Corporate Only
            6,200  
 
                                                       
Sandra J. Meurlot,
Vice President,
Operations
    4,400               248,000             Corporate Only
            4,000  
 
                                                       
Michael D. Drazan,
Vice President,
Corporate
Information Systems
    3,600               199,000             Corporate Only
            3,200  
 
                                                       
Randy B. James,
Corporate
Controller
    2,800               165,800             Corporate Only
            2,400  
 
                                                       
Philip A. Burkart,
Vice President &
General Mgr,
                                                       
Irrigation Business     3,300               227,000             Corporate and Division
    3,000  
                                     
       
William E. Brown,
Jr., Vice President
& General Manager,
                                                       
Commercial Business     3,600               198,000             Corporate and Division
    3,200  
                                     
       
Dennis P. Himan,
Vice President &
General Mgr. -
                                                       
International     3,600       212,400             Corporate and Division
    3,200          
                             
               
Thomas M. Swain,
General Manager,
                                                       
Consumer Business     4,100       157,600             Corporate and Division
    3,600          
                             
               
Richard W. Rodier,
General Manager,
                                                       
LCB-Toro     3,100       134,400             Corporate and Division
    2,800          
                             
               
                                                       
General Manager     3,100       134,400             Corporate and Division
    2,800          
                             
               

   

1 The exercise price per share for each option granted was $74.04, the closing price of one share of Toro Common Stock, par value $1.00 per share, on the New York Stock Exchange on December 2, 2004, the date of grant.

2 Amounts shown for AMIP II Awards for fiscal 2005 are the maximum amount that could be paid under each award, if performance goals are achieved at maximum levels, and are subject to reduction, including to zero, if goals are achieved at target or lower levels. The goals for 2005 are based on Earnings Per Share and Average Net Asset Turns for corporate participants.

3 Division participants’ awards are based on corporate goals and goals applicable to their respective division, and are based on controllable profit contribution and current asset turns.

4 Amounts shown for Performance Share Awards for the three year award term of fiscal 2005 through 2007 are the maximum number of shares that could be shown, if performance goals are achieved at maximum levels, and are subject to reduction, including to zero. If performance goals are achieved at the target level, the payout would be 50% of the maximum level. The goals for this award term are based on Cumulative Average Net Assets Turns and Cumulative Net Income Plus After-Tax Interest.