STUDENT TRANSPORTATION INC 5.25 PCT DEBS T.STB.DB.A

RE:RE:RE:RE:RE:Melt-up continues

[Al42]

Under the Plan, a Participant may purchase additional Shares with the cash dividends paid on the Eligible Shares which are registered in the name of the Participant or held in a Participant’s account maintained pursuant to the Plan. 

The price at which Shares will be issued from treasury with cash dividends will be calculated by reference to the Average Market Price less a discount of 3%.  No commissions, service charges or brokerage fees are payable by Participants in connection with the purchase of Shares under the Plan.