We celebrate their best each year with a trophy bearing the name of a true Iron Man Cy Young who played for

We celebrate their best each year, with a trophy, bearing the name of a true Iron Man, Cy Young, who played for the Cleveland Spiders, Boston Red Sox (Americans), Boston Rustlers (Atlanta Braves), and the Cleveland Naps.Take a bow Cy. . CHICAGO–(Business Wire)–FreightCar America, Inc. (Nasdaq: RAIL) will host a conference call on TuesdayMay 5, 2009 at 11:00 a.m. (Eastern Daylight Time) to discuss the Company`s firstquarter 2009 financial results.

The Company`s earnings release for the firstquarter of 2009 will also be issued on May 5, 2009 and will be available on theInvestor Relations page at To participate in the conference call, please dial (800) 230-1059. Interestedparties are asked to dial in approximately 10 to 15 minutes prior to the starttime of the call. An audio replay of the conference call will be available beginning at 1:00 p.m.(Eastern Daylight Time) on May 5, 2009 until 11:59 p.m (Eastern Daylight Time)on May 12, 2009 To access the replay, please dial (800) 475-6701 The replaypass code is 997312. An audio replay of the call will be available on theCompany`s website within two days following the earnings call FreightCar America, Inc. manufactures railroad freight cars, with particularexpertise in coal-carrying railcars. In addition to coal cars, FreightCarAmerica designs and builds bulk commodity cars, flat cars, mill gondola cars,intermodal cars, coil steel cars and motor vehicle carriers. It is headquarteredin Chicago, Illinois and has facilities in Danville, Illinois; Roanoke, Virginiaand Johnstown, Pennsylvania.

More information about FreightCar America isavailable on its website at FreightCar America, Inc.Christopher Nagel, 800-458-2235 Copyright Business Wire 2009. 2007 ACC Final StandingsAtlantic Division1 Boston College (11-3 overall, 6-2 conference)2 Clemson (9-4, 5-3)3 Wake Forest (9-4, 5-3)4 Florida State (7-6, 4-4)5 Maryland (6-7, 3-5)6 N.C State (5-7, 3-5)Coastal Division1 Virginia Tech (11-3, 7-1)2 Virginia (9-4, 6-2)3 Georgia Tech (7-6, 4-4)4 North Carolina (4-8, 3-5)5 Miami (5-7, 2-6)6. Duke (1-11, 0-8)2007 ACC Championship Game (Atlantic Champ vs Coastal Champ)Virginia Tech 30 Boston College 16Conference Bowl ResultsChamps Sports: BOSTON COLLEGE over Michigan State, 24-21Emerald: Oregon State over MARYLAND, 21-14Meineke Car Care: WAKE FOREST over UConn, 24-10Humanitarian: Fresno State over GEORGIA TECH, 40-28Music City: Kentucky over FLORIDA STATE, 35-28Chick-Fil-A: Auburn over CLEMSON, 23-20 (OT)Gator: Texas Tech over VIRGINIA, 31-28Orange: Kansas over VIRGINIA TECH, 24-21ACC Bowl Record: 2-6ACC 2007 Player of the YearMatt Ryan, QB, Boston CollegeACC 2007 Offensive POYMatt Ryan, QB, Boston CollegeACC 2007 Defensive POYChris Long, DL, VirginiaACC 2007 Coach of the YearAl Groh, VirginiaACC 2007 Game of the Year10/25/07: Boston College 14 Virginia Tech 10. NEW YORK–(Business Wire)–Fitch Ratings notes a significantly negative trend in U.S.

Public Finance ratingactions during the first quarter of 2009 (1Q’09), accelerating a decline inmunicipal credit from 2008. This deterioration reflects the severe recessionarymacro-economic environment, dislocations in the credit markets, and increasedfiscal and liquidity pressures In the 1Q’09, Fitch’s U.S. Public Finance group upgraded underlying ratings ononly 40 credits totaling $12.9 billion in par value, while it downgradedunderlying ratings on 56 credits totaling $84.2 billion. This resulted in anupgrade-to-downgrade ratio of only 0.71:1 in terms of rating changes and a ratioof 0.15:1 on a par value basis. This was considerably worse than the annualratios for 2007 and 2008, which were 3.67:1 in terms of rating changes and 8.6:1in terms of par value and 1.59:1 in terms of rating changes and 5.13:1 in termsof par value, respectively. Fitch notes also that last quarter saw the largestnumber of Fitch U.S.