New Flyer to Announce 2012 Third Quarter Results on November 12th and Hold Conference Call on November 13th

WINNIPEG, MB, Nov. 1, 2012 /CNW/ - (TSX: NFI) (TSX: NFI.DB.U) New Flyer Industries Inc. ("New Flyer" or the "Company"), the leading manufacturer of heavy-duty transit buses in Canada and the United States, announced today that it intends to release its 2012 third quarter results on Monday November 12, 2012.

A conference call for analysts and interested listeners will be held on Tuesday November 13, 2012 at 11:00 a.m. (ET). The call-in number for listeners is 888-231-8191 or 647-427-7450. A live audio feed of the call will also be available at:

http://www.newswire.ca/en/webcast/detail/1063113/1155853

A replay of the call will be available from 2:00 p.m. (ET) on November 13^th until 11:59 p.m. (ET) on November 20^th.  To access the replay, call toll free 1-855-859-2056 and then enter pass code number 64472902. The replay will also be available on New Flyer's web site at www.newflyer.com.

About New Flyer
New Flyer is the leading manufacturer of heavy-duty transit buses in Canada and the United States.  With a skilled workforce of over 2,000 employees, New Flyer is a technology leader, offering the broadest product line in the industry, including drive systems powered by clean diesel, LNG, CNG and electric trolley as well as energy-efficient diesel-electric hybrid vehicles.

All products are supported with an industry-leading, comprehensive parts and service network.

Further information is available on New Flyer's web site at www.newflyer.com.

The Shares and convertible debentures of New Flyer are traded on the Toronto Stock Exchange under the symbols NFI and NFI.DB.U, respectively.

Forward-Looking Statements
This press release may contain forward-looking statements relating to expected future events and financial and operating results of New Flyer that involve risks and uncertainties.  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, the covenants contained in New Flyer's senior credit facility and the other risks and uncertainties detailed in the disclosure documents 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 disclaims 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.

SOURCE: New Flyer Industries Inc.

Jon Koffman, Investor Relations Tel: [phone] E-mail: [email protected]