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MEDIA CONTACT

ED WHALEN

TEL.

(312) 928-0856

FAX

(312) 928-0890

FOR IMMEDIATE RELEASE

Febuary 14, 2003

Johnstown America expands railcar parts and rebuild organization

Johnstown, Pennsylvania, February 14, 2003 - Johnstown America Corporation announced today that it has appointed J. Bard McLean, Inc., to represent Johnstown America's railcar parts and rebuilding business in the eastern United States. J. Bard McLean's president, Derek McLean, will be responsible for customers in the Northeast, while his brother, Bard McLean, Jr., will cover the Southeast.

The McLean brothers are third-generation manufacturers' representatives in the North American railroad industry and have over 30 years combined experience in the industry. Their legacy goes back to their grandfather, who founded the business in the 1950's after a successful railroad industry career.

Johnstown America Corporation (JAC), a leading producer of railcars in North America, has a substantial parts and railcar rebuild business that offers repair parts for freight cars as well as rebuilding of all railcar types except tank cars. It also provides custom parts to meet the needs of any repair operation. Some of the car types JAC designs and builds are aluminum coal cars (it is the industry leader), flat cars, mill gondola cars, heavy haul intermodal cars, the new AVC aluminum motor vehicle carrier, and the VersaCoil™ steel coil car.

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