Celadon Group to Present at Stephens Inc. Logistics and Transportation Conference.

INDIANAPOLIS -- Celadon Group Inc. (Nasdaq:CLDN) announced today that Steve Russell, chairman and chief executive officer, and Paul Will, chief financial officer, will make a presentation at the Stephens Inc. Logistics and Transportation Conference on Thursday, November 3 at 11:05 a.m. ET. The conference will be at The New York Palace Hotel in New York.

Following the presentation, interested investors may view the information provided at the conference on the company's website, www.celadongroup.com.

About Celadon Group:

Founded in 1985, Celadon Group Inc. (http://www.celadongroup.com) is a truckload carrier headquartered in Indianapolis that operates in the U.S., Canada and Mexico. Celadon also owns TruckersB2B Inc. (http://www.truckersb2b.com) which provides cost savings to about 18,000 member fleets.

Celadon is traded on the NASDAQ under the ticker symbol CLDN and is a component of the Russell Microcap Index.

The conference may contain forward-looking statements that involve risk, assumptions, and uncertainties that are difficult to predict. Statements that constitute forward-looking statements are usually identified by words such as "anticipates," "believes," "estimates," "projects," "expects," "plans," "intends," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward- looking statements. The following factors, among others, could cause actual results to differ materially from those in forward-looking statements: excess tractor or trailer capacity in the trucking industry; decreased demand for the Company's services or loss of one or more of the Company's major customers; surplus inventories; recessionary economic cycles and downturns in customers' business cycles; strikes, work slow downs, or work stoppages at the Company, customers, ports, or other shipping related facilities; increases or rapid fluctuations in fuel prices as well as fluctuations in hedging activities and surcharge collection, the volume and terms of diesel purchase commitments, interest rates, fuel taxes, tolls and license and registration fees; increases in the prices paid for new revenue equipment; the resale value of the Company's used equipment; increases in compensation for and difficulty in attracting and retaining qualified drivers and independent contractors; elevated experience in the frequency and severity of claims relating to accident, cargo, workers' compensation, health, and other claims; high insurance premiums and deductible amounts; seasonal factors such as harsh weather conditions that increase operating costs; competition from trucking, rail, and intermodal competitors; regulatory requirements that increase costs or decrease efficiency, including revised hours-of-service requirements for drivers; and the ability to identify acceptable acquisition candidates, consummate acquisitions, and integrate acquired operations. Conference attendees and listeners should review and consider these factors along with the various disclosures by the Company in its press release, stockholder reports, and filings with the Securities and Exchange Commission.