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MCI AWARDED GEORGIA STATE TRANSPORTATION CONTRACT FOR
MARKET-LEADING MCI D4500 AND D45 CRT LE COMMUTER COACHES

DES PLAINES, ILLINOIS, SEPTEMBER 14, 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, was recently awarded a contract from the State of Georgia for its market leading commuter coaches. The contract, managed by Georgia's Department of Administrative Services, permits authorized state and local Georgia public entitles including colleges and universities, as well as local government, municipalities, cities, townships, counties and other political subdivisions in the state, to purchase the MCI D4500 and next-generation D45 CRT LE Commuter Coaches.

The contract is also available to other states.

"MCI has a long history with the State of Georgia and welcomes the opportunity to have our best-selling D4500 and new, all-accessible D45 CRT LE as part of the Georgia contract," said Tom Wagner, MCI Vice President of Public Sector. "Georgia's arrangement is particularly innovative as a central purchase point for both in-state and out-of-state public entities, permitting agencies to efficiently and affordably acquire North America's most reliable commuter coaches."

MCI's ADA-and Buy America-compliant Altoona-tested D4500 Commuter Coach model has a reputation as a workhorse and already serves GRTA Xpress routes throughout the greater metro Atlanta area, carrying more than 1.8 million passenger trips annually.

The MCI D45 CRT LE, introduced last October at Atlanta's APTA EXPO, was developed in consultation with disability advocacy groups. The D45 CRT LE features a mid-coach low-entry vestibule with seating for all passengers, including those with mobility devices. The design offers an efficient, automatic ADA-compliant ramp capable of loading and unloading passengers.

"With 1 in 5 Americans today living with a disability and a future that includes an aging workforce with potential mobility issues, we consider the D45 CRT LE to be the right coach to meet passenger requirements," said Wagner. Other variants of the D45 CRT LE are underway including a battery-electric model and a high floor coach equipped with a traditional wheelchair lift.

As this contract is not for a specific stated number of motor coaches and represents a robust alternative to participating public transit agencies for the purchase of a variety of mass transit vehicles, MCI does not record any of the coaches available under this contract in its backlog until actual purchase orders have been received from customers.

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 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 motor coaches and to purchase parts or services, customers have no obligation to purchase coaches under this type of contract, 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:

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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