Press Releases

Greenbrier Declares Quarterly Dividend of $.06 per Share
PRNewswire-FirstCall
LAKE OSWEGO, Ore.

The Greenbrier Companies announced today a quarterly cash dividend of $.06 per share, payable on December 15, 2004 to stockholders of record as of November 19, 2004.

The Greenbrier Companies (www.gbrx.com), headquartered in Lake Oswego, OR, is a leading supplier of transportation equipment and services to the railroad industry. With manufacturing facilities in the U.S., Canada, Mexico and Poland, Greenbrier produces new railroad freight cars and marine vessels, and performs repair, refurbishment and maintenance activities. Greenbrier owns a lease fleet of approximately 11,000 railcars, and performs management services for approximately 122,000 railcars.

SOURCE: The Greenbrier Companies

CONTACT: Mark Rittenbaum of The Greenbrier Companies, +1-503-684-7000

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