Global Railway Announces Resignation of Phil Ogden from the Company's Board of Directors

London ON - May 6, 2009 - 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 Phil Ogden resigned from Global's board of directors.

Phil Ogden was a director of Global since December 2002. "We would like to thank Phil for his contribution to our board for over the past 6 years. Having been a Railroad executive his experience and leadership was a great asset to Global and he will be sincerely missed by the board," said Mr. Terry McManaman, Chairman, President & CEO of Global.

About Global Railway Industries

Global Railway Industries Ltd. is a diversified rail product and services company serving the railway industry in North America. Global Railway is a public company whose shares are listed for trading on the Toronto Stock Exchange (TSX) under the symbol "GBI". For more information visit: www.globalrailway.com or www.investorfile.com.