IMPORTANT REMINDER
We have previously sent to you proxy material for the Special Meeting of Florida
East Coast Industries, Inc. to be held on March 8, 2000. Your Board of Directors
has recommended that shareholders vote FOR both proposals on the agenda.
Your vote is important, no matter how many or how few shares you may own.
Whether or not you have already done so, please sign, date and return the
enclosed proxy card today in the envelope provided.
Thank you for your support,
FLORIDA EAST COAST INDUSTRIES, INC.
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If you have any questions, or need assistance in voting your
shares, please call our proxy solicitor,
INNISFREE M&A INCORPORATED
TOLL-FREE, at 1-888-750-5834.
IMPORTANT NOTE:
If you hold your shares through a bank or broker,
you may be able to vote by telephone, or via the Internet.
Please call Innisfree at 1-888-750-5834 for assistance.
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February 16, 2000
