Press Releases

Greenbrier Increases Quarterly Dividend to $.08 per Share
PRNewswire-FirstCall
LAKE OSWEGO, Ore.

The Greenbrier Companies announced today a quarterly cash dividend of $.08 per share, payable on August 5, 2005 to stockholders of record as of July 15, 2005.

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 10,000 railcars, and performs management services for approximately 128,000 railcars.

SOURCE: The Greenbrier Companies

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

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