The Caisse de dépôt et placement du Québec acquires shares of Student Transportation of Americas Ltd

The Caisse de dépôt et placement du Québec (”Caisse”) released on March 29^th, 2007 a press release regarding the acquisition of 1,867,500 common shares of Student Transportation of America Ltd. (TSX: STB) (”STA”or the ”Company”).

Following de reception of new information from the Company, Caisse’s security holdings percentages should have been read 7.87% instead of 8.99% of the common shares outstanding and 15.04% instead of 16.99% on a partially diluted basis.

All other information contained in the press release dated March 29^th, 2007 remain unchanged.