Greenbrier Announces Three New Marine Orders

The Greenbrier Companies announced today that its Gunderson Marine division in Portland, Oregon has received orders for three oceangoing deck cargo barges valued at approximately $25 million. Coupled with other recent orders, Greenbrier's marine backlog is now valued at over $35 million, and extends into mid-2005. The first order is for a 360' deck cargo barge for Alaska Marine Lines, a Lynden Company, the third in a series of such barges it has ordered from the Company. The other two orders are 380' deck cargo barges for Naknek Barge Lines, LLC based in Seattle, Washington.