Celadon Group to Present at the Wolfe Trahan & Co. 4th Annual Global Transportation Conference

Celadon Group Inc. (NYSE: CGI) announced today that on Wednesday, May 25^th, Chairman and Chief Executive Officer, Stephen Russell is participating in a Public Truckload Panel at the Wolfe Trahan & Company 4^th Annual Global Transportation Conference. Mr. Russell will also conduct one-on-one meetings with investors during the conference. The conference will be held at the Fordham University, School of Law at Lincoln Center, 140 W. 62^nd Street, New York, New York.

Celadon Group Inc. (www.celadongroup.com), through its subsidiaries, primarily provides long-haul, full-truckload freight service across the United States, Canada and Mexico. The company also owns Celadon Logistics Services, which provides freight brokerage; Celadon Dedicated Services, which provides supply chain management solutions, such as warehousing and dedicated fleet services; and TruckersB2B (www.truckersb2b.com) which provides cost savings to member fleets.

This press release and the conference announced may contain forward-looking statements made by the Company that involve risks, assumptions and uncertainties that are difficult to predict. Investors are directed to the information contained in Item 7A ("Quantitative and Qualitative Disclosures About Market Risk”) of Part II of the Company’s Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission, for a discussion of the risks that may affect the Company’s future operating results. Actual results may differ.