Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
Year.
Effective April 7, 2009, the Board of Directors of The Greenbrier Companies, Inc. (the "Company") approved an amendment to Article II, Section 9 and Article III, Section 6 of the Company's Amended and Restated Bylaws.
The amendment to Article II, Section 9 and Article III, Section 6 of the Company's Amended and Restated Bylaws extends certain requirements of Article II, Section 9(c) to special meetings of the shareholders and to shareholder action taken by written consent, and requires shareholders' disclosure of their interest in the Company to include derivative instruments.
The amendment to the Amended and Restated Bylaws of the Company is effective as of April 7, 2009. The foregoing description of the amendment to the Company's bylaws is not complete and is qualified in its entirety by reference to the text of the amendment to the bylaws of the Company attached as Exhibit 3.1 to this Form 8-K and incorporated herein by reference. Item 9.01 Financial Statements and Exhibits.

(d) Exhibits: Exhibit No. Description 3.1 Amendment to the Amended and Restated Bylaws of the Company

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