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MCI BEGINS DELIVERY OF 182 COMMUTER COACHES TO NJ TRANSIT
IN YEAR THREE OF SIX-YEAR CONTRACT

DES PLAINES, ILLINOIS, NOVEMBER 1, 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, has begun to deliver Commuter Coaches to NJ TRANSIT in year three of a six-year contract with one of the nation's largest public transit agencies.

The MCI Commuter Coaches are powered by clean diesel which reduces exhaust emissions as required by the latest Clean Air Act amendments. They also feature a 57-seat configuration that is seatbelt-equipped and fully compliant with the Americans with Disabilities Act (ADA).

"We're on track to complete deliveries on time," said Tom Wagner, MCI Vice President Public Sector. "It's rewarding to be able to provide riders in the great state of New Jersey with a more comfortable commute. Our Commuter Coach has earned a workhorse reputation operationally and is popular with passengers for the legroom, amenities and smooth ride on the way to and from workplaces and appointments."

In July 2015, MCI and NJ TRANSIT signed a public transit contract for 772 new commuter coaches, followed by board authorization increases on options for a total potential quantity of 1,222 coaches over six years. MCI completed 374 deliveries to NJ TRANSIT between January 1, 2016 and October 1, 2018, and 17 new models were delivered in October.

NJ TRANSIT is the third-largest provider of bus, rail and light rail transit in the United States, linking major points in New Jersey, New York and Philadelphia. The agency operates a fleet of more than 2,200 buses covering some 251 routes. With its full complement of buses, trains and light rail vehicles, NJ TRANSIT completes over 277 million passenger trips each year.

All together, NJ TRANSIT has purchased over 2,000 coaches over three decades from MCI, including 147 compressed natural gas (CNG) models in 2015.

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 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:

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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