Student Transportation Completes Two Tuck-in Acquisitions

Student Transportation Completes Two Tuck-in Acquisitions

Toronto, ON – November 14, 2005 – Student Transportation of America, Ltd. (STA), (TSX: STB.UN) recently announced it has acquired two tuck-in acquisitions, Hudson Bus Lines, Inc. of Lewiston, Maine with 58 buses and Byrd Yeany Busing, Inc. of Mayport, Pennsylvania with 19 buses. The two companies have combined annual revenues of US$2.3 million. More than 80 per cent of the new revenue is fuel protected.

“Both acquisitions are located near existing STA operations, fit our strategy of increasing regional density and have long-standing contracts,” said David White, President and Chief Operating Officer of STA.

The two acquisitions are expected to be immediately accretive.

Annual General Meeting

STA will hold its annual general meeting at 10:00 a.m. on Thursday, December 8, 2005 at The Gallery of the Toronto Stock Exchange Broadcast and Conference Centre, in The Exchange Tower at 130 King Street West in Toronto.

STA is the fifth largest provider of school bus transportation services in North America, conducting operations through local operating subsidiaries. STA has become a leading school bus transportation company by aggregating operations through the consolidation of existing providers and conversion of in-house operations, and currently operates more than 3,300 school vehicles in North America. For more information, please visit www.sta-ips.com.

This news release contains “forward-looking statements” within the meaning of applicable securities laws. These statements concern anticipated future events, results, circumstances, performance or expectations that are not historical facts. These statements are not guarantees of future performance and are subject to numerous risks and uncertainties that can affect our actual results and could cause our actual results to differ materially from those expressed or implied in any forward-looking statement made by us or on our behalf. These statements are made as of the date of this news release and, except as required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

For more information contact:

Denis J. Gallagher
Chairman and Chief Executive Officer
Phone: (732) 280-4200
Fax: (732) 280-4213

Patrick J. Walker
Chief Financial Officer
Phone (732) 280-4200
Fax: (732) 280-4213

Keith P. Engelbert
Director of Investor Relations
Phone: (732) 280-4200
Fax: (732) 280-4213

[email protected]