Student Transportation (STA) Awarded New Contract

    New Conversion in PA Provides Seven Year Contract

    CARNEGIE, PA, June 3 /CNW/ - Student Transportation of America Ltd. (STA)
(TSX: STB) announced it has been awarded a contract to provide transportation
services for the Williamsport Area School District (WASD) in Pennsylvania. The
new seven year contract will generate more than US $2 million in annual
revenue beginning with the 2009-2010 school year and adds to the company's
regional operations in Pennsylvania.
    "We are very pleased the district chose us to provide their
transportation services. This is another excellent customer we are partnering
with and a positive step in our efforts to increase our organic growth through
conversions," said STA Regional Chief Operating Officer Pete Pearson. "School
districts throughout the U.S. are realizing that education is their core
business. We are providing cost effective solutions to their transportation
needs in budget friendly operations while providing the necessary capital
investments for vehicles. We are pleased to welcome these great drivers and
staff members to our company in connection with this conversion. Our core
mission of commitment to the local community and safety in our operations will
remain our focus."
    Student Transportation said it plans to implement a new computerized
routing and planning system along with a state of the art digital video system
in each bus.
    WASD encompasses 98 square miles with a student population of 5,600
students and Williamsport is home of the Little League World Series.

    About Student Transportation

    Founded in 1997, Student Transportation is the fourth-largest provider of
school bus transportation services in North America, conducting operations
through local operating subsidiaries. Student Transportation has become a
leading school bus transportation company by aggregating operations through
the consolidation of existing providers and conversion of in-house operations
and currently operates more than 5,600 school vehicles in North America. For
more information, please visit

    Forward-Looking Statements

    This news release contains "forward-looking statements" within the
meaning of applicable securities laws, which reflects the expectations of
management regarding STA's results of operations, expense levels, cost of
capital, financial leverage, seasonality, cash flows, performance, liquidity,
borrowing availability, financial ratios, ability to execute STA's growth
strategy and cash distributions. Forward-looking statements generally can be
identified by the use of forward-looking terminology such as "may", "will",
"expect", "intend", "track", "targeted", "estimate", "anticipate", "believe",
"should", "plans" or "continue" or similar expressions suggesting future
outcomes or events. These forward looking statements reflect STA's current
expectations regarding anticipated future events, results, circumstances,
performance or expectations, which are not historical facts. Forward looking
statements involve significant risks and uncertainties, and should not be read
as guarantees of future performance or results, and will not necessarily be
accurate indications of whether or not or the times at which or by the
performance or results will be achieved. A number of factors could cause our
actual results to differ materially from the results discussed, expressed or
implied in any forward-looking statement made by us or on our behalf,
including, but not limited to the factors discussed under "Risk Factors" in
our Annual Information Form. These forward looking statements are made as of
the date of this news release and, except as required by applicable law, we
undertake no obligation to publicly update or revise any forward-looking
statement, whether as a result of new information, future events or otherwise.

For further information:

For further information: INVESTOR CONTACTS: Student Transportation of
America Ltd., Denis J. Gallagher, Chairman and Chief Executive Officer;
Patrick J. Walker, Executive Vice President and Chief Financial Officer; Keith
P. Engelbert, Director of Investor Relations, (732) 280-4200, Email:, Website:

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