<PAGE>
SCHEDULE 14A
(Rule 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934 (Amendment No. 1)
Filed by the Registrant [ ]
Filed by a Party other than the Registrant [x]
Check the appropriate box:
[ ] Preliminary Proxy Statement [ ] Confidential, For Use of the
Commission Only (as permitted by
Rule 14a-6(e)(2))
[ ] Definitive Proxy Statement
[x] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Rule 14a-12
WISCONSIN CENTRAL TRANSPORTATION CORPORATION
(Name of Registrant as Specified in its Charter)
WISCONSIN CENTRAL SHAREHOLDERS COMMITTEE TO MAXIMIZE VALUE
(Name of Person(s) Filing Proxy Statement)
Payment of Filing Fee (Check the appropriate box):
[x] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)1 and 0-11.
(1) Title of each class of securities to which transaction applies:
_________________________________________________________________
(2) Aggregate number of securities to which transaction applies:
_________________________________________________________________
(3) Per unit price or underlying value of transaction computed pursuant to
Exchange Act Rule 0-11:
_________________________________________________________________
(4) Proposed maximum aggregate value of transaction:
______________________________________________________________________
(5) Total fee paid:
_________________________________________________________________
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange Act Rule
0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number,
or the form or schedule and the date of its filing.
(1) Amount Previously Paid:
_________________________________________________________________
(2) Form, Schedule or Registration Statement No.:
_________________________________________________________________
(3) Filing Party:
_________________________________________________________________
(4) Date Filed:
_________________________________________________________________
<PAGE>
The following information is being utilized by The Wisconsin Central
Shareholders Committee to Maximize Value during presentations to certain
shareholders of Wisconsin Central Transportation Corporation.
<TABLE>
<CAPTION>
Wisconsin Central Transportation Corporation
Percentage Increase From Previous Year
Year ended Operating Revenue Income from Operations Overseas Investments Net Income
------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
6/30/93 14% 19% 0% -4%
6/30/94 40% 66% 0% 216%
6/30/95 28% 29% 319% 42%
6/30/96 9% -35% 207% -14%
6/30/97 19% 68% 96% 97%
6/30/98 10% 23% -7% 10%
6/30/99 5% 17% -39% -12%
------------------------------------------------------------------------------------------------------
6/30/00 4% -6% -42% -21%
</TABLE>
WCTC % Increase From Previous Year:
Operating Revenue
[bar graph appears here showing the same information with respect to the
company's operating revenue as the table above]
WCTC % Increase From Previous Year:
Income from Operations
[bar graph appears here showing the same information with respect to the
company's income from operations as the table above]
WCTC % Increase From Previous Year:
Overseas Investments
[bar graph appears here showing the same information with respect to the
company's overseas investments as the table above]
WCTC % Increase From Previous Year:
Net Income
[bar graph appears here showing the same information with respect to the
company's net income as the table above]
<PAGE>
<TABLE>
<CAPTION>
WCLX Performance - Years Ended June 30 (thousands)
Year Operating Revenue Income from Operations Equity Earnings Net Income
<S> <C> <C> <C> <C>
6/30/92 115,804 23,544 0 9,716
6/30/93 132,000 28,043 0 9,327
6/30/94 185,452 46,435 1,500 29,521
6/30/95 236,943 60,008 6,291 41,805
6/30/96 257,508 39,302 19,336 36,073
6/30/97 306,182 66,019 37,915 71,153
6/30/98 337,172 81,374 35,356 78,567
6/30/99 354,438 94,920 21,392 69,365
6/30/00 368,370 89,292 12,426 54,709
</TABLE>
WCLX Performance-Years Ended June 30:
Operating Revenues (thousands)
[bar graph appears here showing the same information with respect to the
company's operating revenues as the table above]
WCLX Performance-Years Ended June 30:
Income From Operations (thousands)
[bar graph appears here showing the same information with respect to the
company's income from operations as the table above]
WCLX Performance-Years Ended June 30:
Equity Earnings (thousands)
[bar graph appears here showing the same information with respect to the
company's equity earnings as the table above]
WCLX Performance-Years Ended June 30:
Net Income (thousands)
[bar graph appears here showing the same information with respect to the
company's net income as the table above]
