Global Railway to release 2007 Q4 & annual financial results after market close on Wednesday March 19th, 2008



    Stock Symbol: GBI
    Listing: Toronto Stock Exchange
    Outstanding Shares: 15.0 Million
    Web Site: www.globalrailway.com

    Investor Conference Call on Thursday March 20th, 2008 at 11AM ET

    PITTSFORD, NY, March 13 /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 the Company will release its 2007 fourth quarter
and annual financial results for the three-month and twelve-month periods
ending December 31, 2007, after market close on Wednesday March 19th, 2008.
    A conference call to review the 2007 fourth quarter and annual financial
results will take place on Thursday March 20th, 2008 at 11AM ET.
    Mr. Terry McManaman, Chairman, President & CEO of Global, Bill Sturtz,
COO of Global, Brian McMullan, CFO of Global and Fausto Levy, President of CAD
will speak on behalf of the Company. A question-and-answer forum will follow
the review of the 2007 fourth quarter and annual financial results and update
on the Company's operations and growth strategies.
    To listen and/or participate in this conference call, please dial      
1-800-589-8577 (from Toronto: 416-644-3428) approximately 10 minutes prior to
the beginning of the conference call.
    For those unable to participate in the conference call, a recording of
the conference call will be available from 1:00 PM ET, Thursday March 20,
2008, until 11:59 PM ET, Thursday March 27, 2008. Please dial 1-877-289-8525
(from Toronto use: 416-640-1917) and enter the reservation number 21265212
followed by the "pound sign" to listen to the rebroadcast.

    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". The
Company has a total of 15.0 million shares outstanding. 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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