Press Releases

Greenbrier Declares Quarterly Dividend of $.09 Per Share.

The Greenbrier Companies announced today a quarterly cash dividend of $.09 per share, payable on February 14, 2001 to stockholders of record as of January 24, 2001.

The Greenbrier Companies (, headquartered in Lake Oswego, Oregon, is a leading supplier of transportation equipment and services to the railroad industry in North America and Europe. Greenbrier builds new railroad freight cars in the U.S., Canada and Mexico, and repairs and refurbishes freight cars and wheels at eleven locations across North America. The company also builds new railroad freight cars and refurbishes freight cars for the European market through its manufacturing operations in Poland and various sub-contractor facilities throughout Europe. At Greenbrier's Portland, Oregon manufacturing facility, it builds ocean-going barges for the maritime industry. Greenbrier owns or manages a fleet of approximately 39,000 railcars.

SOURCE: The Greenbrier Companies, Inc.

Contact: Mark J. Rittenbaum or Bruce Harmon, both of The Greenbrier
Companies, Inc., 503-684-7000

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