Yessir it does. The 350's have the same general Ultramatic as the big boys. The only thing you're missing is the High-Low subtransmission (which is a deal breaker for lots of guys)Does anyone know if a 2008 Grizzly 350 (4x4 IRS) has engine braking? Looking at buying one someone has for sale but don't know if it has engine braking. Thanks.