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ALBERTA'S BOW VALLEY REGIONAL TRANSIT PLACES FIRST ORDER FOR THE ALL-NEW MCI D45 CRT LE

Revolutionary Commuter Coach will Deliver Unprecedented Comfort and Accessibility Features
to Residents and Tourists on Popular Distance Route Between the Town of Banff and Lake Louise

DES PLAINES, ILLINOIS, AUGUST 23, 2018: (TSX:NFI) Motor Coach Industries (MCI), a U.S. subsidiary of NFI Group Inc., ("NFI"), the largest transit bus and motor coach manufacturer and parts distributor in North America, announced today that Banff-based Bow Valley Regional Transit Services Commission ordered four MCI D45 CRT LE Commuter Coaches to serve its Roam public transit system expansion between the scenic towns of Banff and Lake Louise in the Bow Valley of Alberta's Rockies.

The MCI D45 CRT LE is the first-ever Commuter Coach bus design with a curb-level automated ramp at mid-coach that directs passengers into a low-entry vestibule with seating configured for riders using mobility devices including next-generation motorized wheelchairs. The rest of the 54-passenger coach features upper-level forward facing seating, WiFi, and electrical outlets to serve every passenger on growing distance ridership routes.

The four new MCI coaches will serve Roam's longest-distance route — a 45-minute commute — connecting the town of Banff and Lake Louise.

"One of our operational conditions is that our fleet has to be accessible — many of our passengers require accessibility assistance," said Steve Nelson, Operations Manager of the Bow Valley Transit Commission, formed in 2011. "We are unique as a regional transit agency because we provide public transit service both outside of and within Canada's oldest national park. We want to make sure anyone and everyone can board easily and equally. We are very impressed with the model's unique vestibule design, and happy that MCI was successful with the RFP."

When designing the D45 CRT LE, MCI engaged Designworks, a BMW Group Company and people with disabilities advocacy groups, creating a modern coach with revolutionary accessibility to improve passenger boarding and lower dwell time.

On these four coaches, scheduled for April 2019 delivery, Roam Transit is adding optional bike racks, and considering ski/snowboard racks during the winter season. The order will bring Roam Transit's fleet to 24 buses. In a tribute to the area's natural beauty, each bus will be wrapped with images of Rocky Mountain wildlife taken by local and notable photographers.

"We couldn't be more pleased that Roam Transit, so highly committed to accessibility, has chosen the D45 CRT LE to serve its longer-distance route," said Ian Smart, MCI President. "We respect their foresight as well as their success in getting people on board public transportation.

Roam Transit, which the Commission began operating in 2012, serves more than a million tourists that visit the area annually, and has seen an increase of 50 percent in its local transit routes this year. They attribute the ridership rise to an increasing the frequency of buses on local routes and additional weekend service. Roam currently operates six routes, two local service routes within the town of Banff, a local service route within the town of Canmore, and a regional service connecting the two communities. Two additional routes provide summer service from May to September to popular local attractions like the Cave and Basin National Historic Site, as well as the picturesque Lake Minnewanka.

About NFI Group

With nearly 6,000 team members, operating from 31 facilities across Canada and the United States, NFI is North America's largest bus manufacturer providing a comprehensive suite of mass transportation solutions under several brands: New Flyer®®(heavy-duty transit buses), ARBOC®® (low-floor cutaway and medium-duty buses), MCI® (motor coaches), and NFI Parts™ (parts, support, and service). NFI buses incorporate the widest range of drive systems available including: clean diesel, natural gas, diesel-electric hybrid, and zero-emission electric (trolley, battery, and fuel cell). For the fiscal year ended December 31, 2017, NFI posted revenues of US $2.4 billion. NFI common shares are traded on the Toronto Stock Exchange under the symbol NFI. News and information are available at nd information are available at www.nfigroup.com.

About Motor Coach Industries

Motor Coach Industries (MCI) is North America's motor coach leader in public and private markets, offering the J4500, the industry best-seller for 13 consecutive years and the all-new J3500 model, the workhorse D Series, including the breakthrough ADA-accessible MCI D45 CRT LE. MCI also supports nearly 30,000 MCI coaches on the road with maintenance, repair, 24-hour roadside assistance, and the industry's only Automotive Service Excellence (ASE) accredited MCI Academy technician training center.

FORWARD-LOOKING STATEMENT

This press release may contain forward-looking statements relating to expected future events and financial and operating results of NFI Group 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 economic conditions of and funding availability for customers to purchase buses and to purchase parts or services, customers may not exercise options to purchase additional buses, the ability of customers to suspend or terminate contracts for convenience 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, the NFI Group disclaims 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:

This press release may contain forward-looking statements relating to expected future events and financial and operating results of NFI Group 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 economic conditions of and funding availability for customers to purchase buses and to purchase parts or services, customers may not exercise options to purchase additional buses, the ability of customers to suspend or terminate contracts for convenience 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, the NFI Group disclaims 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.
Patricia PlodzeenMCI Public Relations
Tel: 847-283-0883
E-mail: pat.plodzeen@mcicoach.com
Stephen King, NFI Group
Director Corporate Development and Investor Relations
Tel: 204-224-6382
E-mail: Stephen_King@newflyer.com

Motor Coach Industries - A New Flyer Group company: Corporate Address 200 East Oakton Street, Des Plaines, Illinois 60018 | Phone: 866-MCICOACH

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