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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) March 9, 1995
Illinois Central Corporation
Exact name of Registrant as specified in its charter
Delaware 1-10720 13-3545405
(State or other (Commission (IRS Employer
jurisdiction of File No.) Identification No.)
incorporation)
455 North Cityfront Plaza Drive, Chicago, Illinois 60611-5504
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (312) 755-7500
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Item 5. Other Events
Exhibit 23 Consent of Arthur Andersen LLP, certified public
accountants, updating consent filed in Annual Report on Form 10-K for
the year ended December 31, 1994 filed on March 8, 1995.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant as duly caused this report to be signed on
its behalf by the undersigned hereto duly authorized.
ILLINOIS CENTRAL CORPORATION
/s/JOHN V. MULVANEY
John V. Mulvaney
Controller
Date: March 9, 1995
Exhibit 23
CONSENT OF INDEPENDENT PUBILC ACCOUNTANTS
ILLINOIS CENTRAL CORPORATION
As independent public accountants, we hereby consent to the incorporation
by reference of our report dated January 17, 1995, included in the Company's
Annual Report on Form 10-K for the year ended December 31, 1994, into
Illinois Central Corporation's previously filed Form S-8 Registration
Statements File Nos. 33-41052, 33-51924, 33-54709 and 33-57757.
ARTHUR ANDERSEN LLP
Chicago, Illinois
March 9, 1995
