Global Railway Reports on the Election of 6 Board Members at the Annual General Meeting



    
    Company: Global Railway Industries Ltd.
    Stock Symbol: GBI
    Listing: Toronto Stock Exchange
    Outstanding Shares: 15.2 Million
    Web Site: www.globalrailway.com
    

    LONDON, ON, May 12 /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 six board members were elected by the Company
shareholders at the Annual General Meeting on May 12, 2009, to form Global's
board of directors. Re-elected to the board are Terry McManaman Chairman,
President and CEO of Global and Jean Clerk QC, a lawyer at Heenan Blaikie,
specializing in railway law and related railway transactions. The four new
members of Global's board include:

    
    Jacques Cote. Mr. Cote is a former senior executive of Canadian Pacific
    Railway.
    Laurie Bennett, CA. Mr. Bennett is a retired audit partner of Ernst &
    Young LLP.
    Alan G. Sellery. Mr. Sellery is a Managing Director and co-founder of
    Ironbridge Equity Partners.
    Thomas P. Dea. Mr. Dea is a partner of West Face Capital Inc., a Toronto-
    based institutional investor.
    

    About Global Railway Industries: Global Railway Industries Ltd. is a
diversified rail product 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;
Investor Relations: Gerry Wimmer, INVESTORFILE.com, Tel: (416) 360-8895, Toll
Free: 1-888-894-8222, E-mail: gwimmer@investorfile.com

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