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Fortress Transportation and Infrastructure Investors LLC Announces Exercise of Overallotment Option

NEW YORK, June 15, 2015 (GLOBE NEWSWIRE) -- Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) (the "Company") today announced that, in connection with its recently completed initial public offering, the underwriters have purchased 2,215,310 common shares of the Company at a price of $17.00 per share by exercising their option to purchase additional common shares (the "Overallotment Option"). FTAI received additional net proceeds of approximately $35.3 million from the exercise of the Overallotment Option, which closed earlier today.

The offering was made only by means of the written prospectus. Copies of the prospectus relating to the offering may be obtained from:

Citigroup Global Markets Inc.
C/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Telephone: (800) 831-9146
BofA Merrill Lynch
222 Broadway
New York, NY 10038
Attn: Prospectus Department
Email: dg.prospectus_requests@baml.com
Barclays Capital Inc.
C/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Email: barclaysprospectus@broadridge.com
Telephone: (888) 603-5847
Deutsche Bank Securities Inc.
60 Wall Street
New York, NY 10005
Attn: Prospectus Group
Email: prospectus.cpdg@db.com
Telephone: (800) 503-4611
UBS Securities LLC
299 Park Avenue
New York, NY 10171
Attn: Prospectus Department
Telephone: (888) 827-7275

A registration statement relating to these securities has been filed with and declared effective by the U.S. Securities and Exchange Commission ("SEC"). This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Fortress Transportation and Infrastructure Investors LLC

Fortress Transportation and Infrastructure Investors LLC owns and acquires high quality infrastructure and equipment that is essential for the transportation of goods and people globally. FTAI targets assets that, on a combined basis, generate strong and stable cash flows with the potential for earnings growth and asset appreciation. FTAI is externally managed by FIG LLC, an affiliate of Fortress Investment Group LLC, a leading, diversified global investment firm.

Cautionary Note Regarding Forward-Looking Statements

The foregoing information contains certain forward-looking statements. These forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the Company's operations and business environment which may cause the Company's actual results to be materially different from any future results, expressed or implied, in these forward-looking statements. Any forward-looking statements in this release are based upon information available to the Company on the date of this release. The Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could potentially affect the Company's financial results may be found in the Company's filings with the Securities and Exchange Commission.

CONTACT: For further information, please contact: Alan Andreini Investor Relations Fortress Transportation and Infrastructure Investors LLC (212) 798-6128 aandreini@fortress.com

Source:Fortress Transportation and Infrastructure Investors LLC