<< Company: Global Railway Industries Ltd. Stock Symbol: GBI Listing: Toronto Stock Exchange Web Site: www.globalrailway.com >>

LONDON, ON, Nov. 9 /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 conference call to review the 2009 third quarter financial results will take place on Friday November 13, 2009 at 11am ET. The Company will release its 2009 financial results for the 3-month and 9-month periods ending September 30, 2009, after market close on Thursday November 12, 2009.

Mr. Terry McManaman, Chairman, President & CEO of Global, Mr. Fausto Levy, President of CAD Railway Industries Ltd., and Mr. Brian McMullan, CFO of Global will speak on behalf of the Company. A question-and-answer forum will follow the review of the 2009 third quarter financial results and update on the Company's operations.

To listen and/or participate in this conference call, please dial 1-800-814-4861 (from Toronto: 416-644-3414) 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, Friday November 13, 2009, until 11:59 pm ET, Friday November 20, 2009. Please dial 1-877-289-8525 (from Toronto use: 416-640-1917) and enter the reservation number 4179723 followed by the "pound sign" to listen to the rebroadcast.