CONSOLIDATED NORTH AMERICAN RAIL ORGANIZATION January 28, 1999

1
STANDING COMMITTEE ON RAIL TRANSPORTATION Present
ation by Charlie Moore Regional Vice President -
RailAmerica 2002 ANNUAL MEETING Burlington,
Vermont
2
RailAmerica Overview

• RailAmerica is the worlds largest owner and
  operator of short line/regional freight railroads
• Formed in 1986
• IPO in 1992
• NYSE-listed RRA
• 2,800 employees worldwide
• Strategic focus on the operation and acquisition
  of short line regional railroads

3
RailAmerica Operations

• Total of 49 railroads / 12,800 miles of track
• More than 650 locomotives / 10,000 railcars
• 47 short line railroads in North America
• Transverse 27 states, 6 Canadian provinces
• Locally owned and operated
• Large regional operations in Chile Australia
• Goals safe operations / strong customer service

4
Pending Legislation

• 2002 Short Line Railroad Legislative Goals
• REPEAL 4.3 CENTS DIESEL FUEL TAX
• ENACT H.R. 1020 (S.1220) TRACK BRIDGE FUNDING
• INCREASE RRIF PROGRAM FUNDING

5
Other Pending Issues

• AMTRAK FUNDING PROPOSALS
• SURFACE TRANSPORTATION BOARD REAUTHORIZATION
  REREGULATION THREAT
• FEDERAL RAILROAD SAFETY ACT REAUTHORIZED FUNDING