Student Transportation to Hold Third Quarter Fiscal 2010 Results Conference
Call and Webcast

BARRIE, ON, May 6 /CNW/ - Student Transportation Inc. (TSX: STB) today announced it will hold a conference call and live audio webcast on Friday, May 14, 2010 at 11 a.m. (ET) to discuss its financial results for the third quarter of fiscal year 2010 ended March 31, 2010.

The news release announcing Student Transportation's results will be issued before the market opens on Thursday, May 13, 2010.

The call will be hosted by Denis Gallagher, Chairman and Chief Executive Officer, and Patrick Walker, Executive Vice President and Chief Financial Officer. Following management's presentation, there will be a brief question and answer session for analysts and institutional investors.

The call can be accessed by dialing 1-877-353-9586 (Canada & USA) or 403-532-8075 (International) and enter the passcode 47507 followed by the number sign. The live audio webcast will be available at www.rideSTA.com

To access the rebroadcast, please visit www.rideSTA.com or dial 1-877-245-4531 (Canada & USA) or 403-205-4531 (International) and enter passcode 256015 followed by the number sign.

Profile

Founded in 1997, Student Transportation Inc. is North America's third-largest and fastest-growing provider of school bus transportation services, operating more than 6,300 vehicles. Student Transportation Inc.'s family of local companies delivers safe, reliable and cost-effective transportation solutions to school districts throughout the U.S. and Canada. Services are delivered by drivers, dispatchers, maintenance technicians, terminal managers and others who are caring members of their local communities. For more information, please visit www.rideSTA.com.

Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of applicable securities laws, which reflects the expectations of management regarding results of operations, expense levels, seasonality, cash flows, performance, liquidity, borrowing availability, financial ratios, ability to execute the Company's growth strategy and cash distributions. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "track", "targeted", "estimate", "anticipate", "believe", "should", "could", "plans" or "continue" or similar expressions suggesting future outcomes or events. These forward looking statements reflect the Company's current expectations regarding anticipated future events, results, circumstances, performance, or expectations that are not historical facts. Forward looking statements involve significant risks and uncertainties, and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not or the times at which or by the performance or results will be achieved. A number of factors could cause our actual results to differ materially from the results discussed, expressed or implied in any forward-looking statement made by us or on our behalf, including, but not limited to, the factors discussed under "Risk Factors" in our Annual Information Form. These forward looking statements are made as of the date of this news release and, except as required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

For further information: Student Transportation Inc.: Denis J. Gallagher, Chairman and Chief Executive Officer, Phone: [phone], Fax: [phone]; Patrick J. Walker, Executive Vice President and Chief Financial Officer, Phone: [phone], Fax: [phone]; Keith P. Engelbert, Director of Investor Relations, Phone: [phone], Fax: [phone], Email: [email protected], Website: www.rideSTA.com