New Flyer Delivers Vehicles to Assist Metro Transit in Aftermath of Bridge Collapse

Winnipeg, Manitoba, Canada − May 1, 2008 − (TSX:NFI.UN) New Flyer of America Inc., a subsidiary of New Flyer Industries Inc. (“New Flyer”), the leading manufacturer of heavy-duty transit vehicles in Canada and the United States, has delivered 15 (30 equivalent units) new 60-foot diesel buses to Metro Transit in Minneapolis, MN (Metro) to assist Metro in addressing ridership issues in the aftermath of the I-35W bridge collapse in August 2007. 

While typical procurements can take over a year, New Flyer and Metro were able to complete the process in just six months. In a letter from Brian Lamb, General Manager at Metro Transit, in October 2007, Mr. Lamb said that New Flyer’s assistance will have a significant impact.

“The accelerated building schedule means that the buses will enter service at a time when our ridership – especially in the north metro – is growing,” said Mr. Lamb. “We need the extra capacity that the New Flyer articulated buses afford us as we adjust schedules and add service to meet growing demand and altered commuting patterns.”

New Flyer operates two production facilities in Minnesota; one in Crookston where the Metro buses were completed on an accelerated schedule, and one just north of Minneapolis St. Cloud. Buses that were ordered in October 2007 were in production by January 4, 2008 with the last bus being delivered to Metro in April.

New Flyer President and CEO, John Marinucci, said Metro is taking on a leadership role as the community reorganizes and rebuilds.

“Metro responded quickly to this tragedy and found solutions for the thousands of people who used that route every day,” said Mr. Marinucci. “New Flyer and its over 800 employees in Minnesota are very happy to be a part of those solutions and are proud to have played an active role in helping our community in its time of need.”

Mr. Lamb offered his appreciation to New Flyer and its Minnesotan employees, “Please pass on my personal thanks to your staff and to the people in the plant who build the buses,” said Mr. Lamb, “It is nice to know that in an emergency we can count on our friends and business partners at New Flyer of America.”

About New Flyer

New Flyer is the leading manufacturer of heavy-duty transit buses in the United States and Canada.  The Company’s three facilities -- in Winnipeg, MB, St. Cloud, MN and Crookston, MN -- are all ISO 9001, ISO 14001 and OHSAS 18001 certified.  With a skilled workforce of over 2,200 employees, New Flyer is a technology leader, offering the broadest product line in the industry, including drive systems powered by clean diesel, LNG, CNG, hydrogen fuel cell and electric trolley as well as energy-efficient gasoline-electric and diesel-electric hybrid vehicles.  All products are supported with an industry-leading, comprehensive parts and service network.  New Flyer’s Income Deposit Securities are traded on the Toronto Stock Exchange under the symbol NFI.UN.  Further information is available on Company’s web site at www.newflyer.com.

Forward-Looking Statements

This press release may contain forward-looking statements relating to expected future events and financial and operating results of New Flyer and New Flyer Industries Canada ULC (“NFI ULC”) that involve risks and uncertainties.  Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward-looking statements, and the differences may be material.  Actual results may differ materially from management expectations as projected in such forward-looking statements for a variety of reasons, including market and general economic conditions and the other risks and uncertainties discussed in the materials filed with the Canadian securities regulatory authorities and available on SEDAR at www.sedar.com.  Due to the potential impact of these factors, New Flyer and NFI ULC disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law.

For further information, please contact:

New Flyer Industries Inc.
Glenn Asham
Chief Financial Officer
Tel: 204-224-1251