PASSENGER SALES UP BY 13.4 PERCENT IN SEPTEMBER AND BY 11.4 PERCENT FOR THIRD QUARTER.

DALLAS--(BUSINESS WIRE)--Oct. 12, 1995--Greyhound Lines, Inc. (Amex: BUS) announced that September was the sixth consecutive month in which the company surpassed prior-year monthly passenger sales totals at its top 198 locations.

September's performance capped a strong third quarter for passenger sales and continued the positive trend that began in April when the company posted its first year-over-year increase in monthly sales at these locations in almost two years.

September passenger sales from Greyhound's 198 largest locations, which report sales electronically, increased by 13.4 percent. Passenger counts from the same locations increased by 15.6 percent over September 1994.

For the third quarter, passenger sales from the electronic locations increased by 11.4 percent and passenger counts by 13.5 percent.

"We have just concluded our most critical quarter with double-digit increases in passenger counts and passenger sales," said Craig Lentzsch, Greyhound's president and CEO. "Our performance this summer has demonstrated to our customers that they can depend on Greyhound again. We have also proven that reliable and affordable service is the basis for future growth."

Lentzsch noted that yield (revenue per passenger mile) continued to decline because of the comparison to high fares a year ago. Those fares drove away lower-yielding, but profitable long-haul business in late 1994. This year, long-haul passengers returned; and in September, counts increased by nearly 39 percent over the prior year.

"Our everyday low pricing strategy has demonstrated that at the right price, there are still plenty of customers out there," Lentzsch said. "We've seen that when we run a good operation and price our product right, we can win back the customers the company had been losing consistently since 1992. We think these customers will help make us a profitable company again in 1996."

Lentzsch noted that while the passenger business has clearly improved, charter and Greyhound Package Express continue to lag expectations. He also noted that, to ensure a good operation during the critical summer months, the company ran more miles and added more buses and drivers than planned. As a result, expenses were greater than anticipated.

"Still, I am encouraged by the way we were able to turn the business around this summer," he said. "This year our objective was to bring back the passengers, and we have done that. We knew we could not fix everything this year, but we have made significant strides." -0-

                          GREYHOUND LINES, INC.
                  SEPTEMBER 1995 TRAFFIC STATISTICS (1)
                      (in 000's except where noted)

198 Locations            Sept. 1995     Sept. 1994   %Change

Passengers (2)               1,055           913     +15.6%
Passenger Sales (2)        $33,450       $29,501     +13.4%
Passenger Miles (2)        387,821       305,032     +27.1%
Yield (Revenue per
Passenger Mile)(cents)(2)     8.63          9.67     (10.8%)
Average Trip Length
(miles)(2)                     368           334     +10.2%

System-wide              Sept. 1995    Sept. 1994   %Change

Regular Service Miles(3)     20,482        18,532    +10.5%
Available Seat Miles(3)     942,172       852,472    +10.5%

               THIRD QUARTER 1995 TRAFFIC STATISTICS (1)
                    (in 000's except where noted)

198 Locations               3Q 1995       3Q 1994   %Change

Passengers (2)                3,590         3,162    +13.5%
Passenger Sales(2)         $123,326      $110,663    +11.4%
Passenger Miles(2)        1,447,169     1,174,519    +23.2%
Yield (Revenue per
Passenger Mile)(cents)(2)      8.52          9.42    (9.6%)
Average Trip Length
(miles)(2)                      403           371    +8.6%

System-wide                 3Q 1995       3Q 1994   %Change

Regular Service Miles(3)     71,362        63,792    +11.9%
Available Seat Miles(3)   3,282,652     2,934,432    +11.9%

1) All statistics are unaudited, in thousands unless otherwise noted
and are for Greyhound Lines, Inc., only.  These statistics do not
include the company's other bus operating subsidiaries.

2) These statistics are for sales generated by 198 of the company's
largest locations which electronically report sales.  The same
locations are used for 1994 and 1995 and represent approximately 70
and 73 percent, respectively, of total sales.  The company's smaller
locations are not expected to show the same rate of growth in sales
and passenger counts.

3) Includes all Greyhound Lines, Inc. locations.  Does not include
bus operating subsidiaries.-0-

Note to Editors:

Greyhound (Amex: BUS) is the only nationwide provider of intercity bus transportation, serving over 2,450 destinations with a fleet of more than 2,000 buses. The company also provides package express delivery service, charter service and food service at certain terminals. Greyhound's toll-free information number is 1-800-231-2222.

CONTACT: Marty Heires

214/789-7202