New Flyer To Announce 2007 First Quarter Results May 9 and Hold Conference Call May 10

WINNIPEG, May 3 - 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 2007 first quarter financial results on Wednesday, May 9th, 2007.

A conference call for analysts and interested listeners will be held the following day, Thursday, May 10th, at 11:00 a.m. (ET). The call-in number for listeners is 800-762-8779. A live audio feed of the call will also be available at:

http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=1855040

A replay of the call will be available from 1:00 p.m. (ET) on May 10th until 11:59 p.m. (ET) on May 17th. To access the replay, call 416-640-1917 or 877-289-8525, enter pass code number 21231830, and then press the pound (#) sign. The replay will also be available on the Company’s web site at www.newflyer.com.

For further information:

Glenn Asham
Chief Financial Officer
Tel: (204) 224-1251
E-mail: investor@newflyer.com