New Flyer To Announce 2009 Results on March 23rd and Hold Conference Call on
March 24th

WINNIPEG, March 16 /CNW/ - (TSX:NFI.UN) New Flyer Industries Inc. ("NFI") and New Flyer Industries Canada ULC ("NFI ULC") (together, "New Flyer") the leading manufacturer of heavy-duty transit vehicles in Canada and the United States, today announced that it intends to release its 2009 year-end financial results on Tuesday, March 23rd, 2010.

A conference call for analysts and interested listeners will be held on Wednesday, March 24th, at 3:00 p.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/viewEvent.cgi?eventID=2998820

A replay of the call will be available from 5:00 p.m. (ET) on March 24th until 11:59 p.m. (ET) on March 31st. To access the replay, call 416-849-0833 or 800-642-1687 and then enter pass code number 63293457. The replay will also be available on New Flyer's web site at www.newflyer.com.

For further information: Glenn Asham, Chief Financial Officer, Tel: [phone], E-mail: [email protected]