Toronto (November 6, 2008) – Student Transportation of America Ltd. (“STA” or the “Company”) (TSX: STB, STB.UN) today announced it will hold its Annual General Meeting of shareholders on Thursday, November 13, 2008 at 2 p.m. ET at the Le Méridien King Edward Hotel, the Windsor Ballroom at 37 King Street East in Toronto.

Student Transportation also announced a news release for the first quarter fiscal 2009 ended September 30, 2008 will be issued prior to the Annual General Meeting. Following the formal meeting, there will be a presentation by management and a brief question and answer session for shareholders, analysts, and institutional investors. The meeting will also be webcast live at STA’s web site at www.rideSTA.com.

Founded in 1997, Student Transportation is the fourth-largest provider of school bus transportation services in North America, conducting operations through local operating subsidiaries. Student Transportation 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 5,600 school vehicles in North America. For more information, please visit www.rideSTA.com.

INVESTOR CONTACTS:

Student Transportation of America Ltd.

Denis J. Gallagher

Chairman and CEO

(732) 280-4200

Patrick J. Walker

Executive VP and CFO

(732) 280-4200

Keith P. Engelbert

Director of Investor Relations

(732) 280-4200

(732) 280-4213 (FAX)

Email: [email protected]

Website: www.rideSTA.com

MEDIA CONTACT:

Lynette Viviani

973-968-7929 office

973-534-1004 mobile

[email protected]