New Flyer Receives CME Manitoba Export Award

Winnipeg, Manitoba, Canada;

March 6, 2008;

(TSX:NFI.UN) New Flyer Industries Inc. (“New Flyer” or the “Company”), the leading manufacturer of heavy-duty transit vehicles in Canada and the United States, announced today that it has received the Canadian Manufacturers & Exporters (CME) – Manitoba Division Manitoba Export Award.

The award is given to a Manitoba-based manufacturer/exporter that has been successful in implementing innovations and/or new products to improve competitiveness and capture new export markets or to expand existing export markets. Candidates are also evaluated on export growth and good corporate citizenship.

New Flyer will be presented with the award at a ceremony to launch Manitoba Manufacturing Week. The ceremony will be held at New Flyer’s new Canadian vehicle assembly facility at 630 Kernaghan Avenueon Monday, March 10, 2008. CME will again acknowledge

Click here to see an interview with
New Flyer President and CEO John Marinucci 

About New Flyer

New Flyer is the leading manufacturer of heavy-duty transit buses in the United States and Canada.  The Company’s three facilities -- in Winnipeg, MB, St. Cloud, MN and Crookston, MN -- are all ISO 9001, ISO 14001 and OHSAS 18001 certified.  With a skilled workforce of approximately 2,200 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 gasoline-electric and diesel-electric hybrid vehicles.  All products are supported with an industry-leading, comprehensive parts and service network.  New Flyer’s Income Deposit Securities are traded on the Toronto Stock Exchange under the symbol NFI.UN.

Forward-Looking Statements

This press release may contain forward-looking statements relating to expected future events and financial and operating results of New Flyer and New Flyer Industries Canada ULC (“NFI ULC”) that involve risks and uncertainties.  Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward-looking statements, and the differences may be material.  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 and the other risks and uncertainties discussed in the materials 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 and NFI ULC disclaim 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.

For further information, please contact:

New Flyer Industries Inc.
Glenn Asham, Chief Financial Officer
Tel: 204-224-1251