Global Railway Announces Resignation of Phil Ogden from the Company's Board of Directors



    
    Company: Global Railway Industries Ltd.
    Stock Symbol: GBI
    Listing: Toronto Stock Exchange
    Web Site: www.globalrailway.com
    

    LONDON, ON, May 6 /CNW/ - Global Railway Industries Ltd., - (GBI:TSX):
Global Railway Industries Ltd., www.globalrailway.com, ("Global" or the
"Company"), a leading North American provider of railway products and
services, announced today that Phil Ogden resigned from Global's board of
directors.
    Phil Ogden was a director of Global since December 2002. "We would like
to thank Phil for his contribution to our board for over the past 6 years.
Having been a Railroad executive his experience and leadership was a great
asset to Global and he will be sincerely missed by the board," said Mr. Terry
McManaman, Chairman, President & CEO of Global.

    About Global Railway Industries

    Global Railway Industries Ltd. is a diversified rail product and services
company serving the railway industry in North America. Global Railway is a
public company whose shares are listed for trading on the Toronto Stock
Exchange (TSX) under the symbol "GBI". For more information visit:
www.globalrailway.com or www.investorfile.com.

    %SEDAR: 00010076E




For further information:

For further information: Company Contact: Terry McManaman, Chairman,
President & CEO, Tel: (585) 419-9720, E-mail: tmcmanaman@globalrailway.com,
Web: www.globalrailway.com; Investor Relations: Gerry Wimmer,
INVESTORFILE.com, Tel: (416) 360-8895, Toll Free: 1-888-894-8222, E-mail:
gwimmer@investorfile.com, Web: www.investorfile.com

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