TEREX CORP — Director's Dealing 2008

Feb 28, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASV INC /MN/ (ASVI)
CIK: 0000926763
Period of Report: 2008-02-26

Reporting Person: TEREX CORP (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-26	Common Stock, par value $0.01 per share	J	27133380	$18.00	Acquired	27210765	Indirect

Footnotes

F1: On February 26, 2008, Terex Minnesota, Inc. ("Sub") accepted for payment an aggregate of 27,133,380 shares of common stock, par value $0.01 per share, of A.S.V., Inc. (the "Company") pursuant to a tender offer, including the 5,242,450 shares subject to the Tender, Voting and Option Agreement, dated as of January 13, 2008, between Terex Corporation ("Parent"), Sub and Caterpillar Inc. (the "Shareholder") as reported on the Form 3 filed by Parent on January 18, 2008. The amount of securities shown in this row is owned beneficially by Parent, through Sub.

F2: Sub is a wholly owned subsidiary of Parent, and as a result of this relationship, Parent may be deemed to share beneficial ownership of the securities shown in this row.