New Flyer to Announce First Quarter Results and Hold Conference Call

Winnipeg, Manitoba, Canada; May 9, 2006; New Flyer Industries Inc. (TSX:NFI.UN), the leading manufacturer of heavy-duty transit vehicles in Canada and the United States, today announced that it intends to release its 2006 first quarter financial results on May 15, 2006, prior to the opening of markets.

A conference call for analysts and interested listeners will be held the same day at 5:00 p.m. (ET). The call-in numbers for listeners are 416-644-3420 or 866-249-2165. A live audio feed of the call will also be available at:

http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=1484340

A replay of the call will be available from 7:00 p.m. (ET) on May 15th until 11:59 p.m. (ET) on May 22nd. To access the replay, call 416-640-1917 or 877-289-8525, enter pass code number 21188892, and then press the pound (#) sign. The replay will also be available on the Company’s website.

For further information:
Glenn Asham, Chief Financial Officer
Tel: (204) 224-1251
investor@newflyer.com