THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Graco Inc. (GGG)

3/14/2006 Proxy Information

Mr. Roberts, President and Chief Executive Officer of the Company, is the brother-in-law of Gary Tepas, the President of EmKay Leasing. On June 17, 2002, the Company entered into an agreement with EmKay Leasing for the lease and maintenance of approximately 164 vehicles and trailers. The agreement includes leasing and program fees. The amount paid to EmKay Leasing for the fiscal year ended December 30, 2005, was approximately $1,900,000. This agreement and the ongoing business relationship between the Company and EmKay Leasing was discussed and approved at a meeting of the Board of Directors on September 27, 2002.

3/10/2005 Proxy Information

Mr. Roberts, President and Chief Executive Officer of the Company, is the brother-in-law of Gary Tepas, the President of EmKay Leasing. On June 17, 2002 the Company entered into an agreement with EmKay Leasing for the lease and maintenance of approximately 164 vehicles and trailers. The agreement includes leasing and program fees. The amount paid to EmKay Leasing for the fiscal year ended December 31, 2004 was approximately $1,443,150. This agreement and the ongoing business relationship between the Company and EmKay Leasing was discussed and approved at a meeting of the Board of Directors on September 27, 2002.

3/10/2004 Proxy Information

Mr. Roberts, President and Chief Executive Officer of the Company, is the brother-in-law of Gary Tepas, the President of EmKay Leasing. On June 17, 2002, the Company entered into an agreement with EmKay Leasing for the lease and maintenance of approximately 170 vehicles and trailers. The agreement includes leasing and program fees. The amount paid to EmKay Leasing for the fiscal year ended December 26, 2003, was approximately $1,060,000. This agreement and the ongoing business relationship between the Company and EmKay Leasing was discussed and approved at a meeting of the Board of Directors on September 27, 2002.

George Aristides served as Chairman of Graco, Inc. from May 2001 to November 2002, Chief Executive Officer from January 2000 to June 2001, Vice Chairman from March 1999 to December 1999, Chief Executive Officer from 1997 to February 1999 and President and Chief Executive Officer from 1996 to 1997.

David A. Koch has been Chairman Emeritus of Graco Inc. since May 2001, having retired as a director of Graco Inc. in May 2003 and as Chairman in May 2001 and having served as Chairman and Chief Executive Officer from 1985 to 1996 and as President and Chief Executive Officer from 1962 to 1985.