Trinity to Purchase Second Railcar Facility in Romania.

DALLAS--(BUSINESS WIRE)--Sept. 20, 1999--

Trinity Industries Inc. (NYSE:TRN) announced today that it has executed an agreement with the Romanian State Ownership Fund for the purchase of 70% of the stock of MEVA, S. A., a long-established railcar manufacturer in Romania.

MEVA, whose facilities are located on the Danube in the town of Drobeta Turnu Severin, will be Trinity's second manufacturing acquisition in Romania. The company purchased Astra Vagoane in the western city of Arad in June. At the same time, it also bought ICPV, the primary Romanian firm for railcar engineering and design.

"We are excited about the synergies of these Romanian facilities," said Trinity Chairman, President and CEO, Tim Wallace. "MEVA will complement our manufacturing operations at the larger Astra plant and will further solidify Romania as our base for railcar production and repair in Europe."

"By acquiring MEVA, S. A., Trinity will be able to expand its business in Europe through a strong group of companies specialized in the production of both freight cars and tank cars. Additionally, with our backlog already standing at approximately 2,000 cars, this acquisition will facilitate the delivery of railcars to our European customers," said Doug Schneider, Trinity's group president responsible for international expansion.

Transport of cargo by rail is increasing in the European marketplace and demand for the leasing of railcars is projected to grow. At the same time, Europe's fleet of existing railcars is about ten years older than the U.S. fleet and is in need of replacement.

Trinity Industries Inc., with headquarters in Dallas, is one of the nation's leading diversified industrial growth companies. Trinity operates through five principal product divisions: a Railcar Group, an Industrial Group, a Highway Construction Products Group, an Inland Barge Group and a Concrete and Aggregate Group.