Company Website: http://www.gwrr.com
GREENWICH, Conn. -- (Business Wire)

Genesee & Wyoming Inc. (GWI) (NYSE: GWR) today provided the following update on the status of the restoration of the Edith River Bridge in Australia’s Northern Territory following the December 27th derailment of a Genesee & Wyoming Australia Pty Ltd (GWA) freight train in flood waters associated with Cyclone Grant.

GWA has undertaken significant work to restore railroad operations. The majority of the derailed rollingstock and freight containers have been removed from the site, and GWA’s environmental remediation of the site is ongoing.

Crews are focused on restoring the abutments to the north and south ends of the bridge, where a detailed inspection of the bridge structure has revealed unexpected damage that will require additional restoration work. It is now anticipated that freight operations will resume on February 14th. The restoration work is ongoing, and the reopening of the rail line could be delayed by the discovery of additional damage to the bridge girders or weather-related interruptions to the repairs.

GWA has established the town of Katherine as a freight hub to facilitate movement of goods to Darwin, and GWA has provided additional resources and facilities in Katherine to support the operations. Train services are currently departing Adelaide and terminating at Katherine, where freight is forwarded to Darwin by road.

About GWA

A wholly owned subsidiary of GWI, GWA operates nearly 5,000 km of track in South Australia and the Northern Territory and provides intrastate haulage of bulk commodities including grain, steel, gypsum and minerals as well as short-haul shunting and terminal operations. An accredited rail-service provider in six states (all but Tasmania), GWA has more than 300 employees, 70 locomotives and 950 active freight wagons. GWA operates between South Australia and the Port of Darwin over the 2,200 km Tarcoola to Darwin rail line, which links the Port of Darwin with the Australian interstate rail network in South Australia.

About GWI

GWI owns and operates short line and regional freight railroads and provides railcar switching services in the United States, Australia, Canada, the Netherlands and Belgium. In addition, we operate the Tarcoola to Darwin rail line, which links the Port of Darwin with the Australian interstate rail network in South Australia. Operations currently include 65 railroads organized in 10 regions, with more than 7,600 miles of owned and leased track and approximately 1,400 additional miles under track access arrangements. We provide rail service at 17 ports in North America and Europe and perform contract coal loading and railcar switching for industrial customers.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Genesee & Wyoming's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.

Contacts:

Genesee & Wyoming Inc.
Michael E. Williams, 203-413-2116
Director, Corporate Communications

Source: Genesee & Wyoming Inc.