Cubic Corporation Approves Semiannual Dividend

SAN DIEGO, Calif. - August 4, 2009 - The Cubic Corporation (NYSE: CUB) Board of Directors today approved a regular semiannual dividend of 9 cents per share, payable on September 10, 2009, to shareholders of record on August 21, 2009. Cubic has paid uninterrupted semiannual dividends for 37 years.

Cubic Corporation is the parent company of two major business segments: defense and transportation. The Cubic Defense group is a world leader in realistic combat training systems, mission support services and defense electronics. Cubic Transportation Systems is a leader in the design and manufacture of automated fare collection systems and services for public transit authorities worldwide. For more information about Cubic, see the company's Web site at the company's website at www.cubic.com.