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Genesee & Wyoming


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Aug. 29, 2002. Genesee & Wyoming Inc. (GWI) (Nasdaq: GNWR) announced today that it has completed the acquisition of the Utah Railway Company (UTAH), a wholly owned subsidiary of Mueller Industries, Inc. (NYSE: MLI). GWI funded the $54 million cash purchase under its $103 million revolving credit facility. The official date is October 1, 2002.

Genesee & Wyoming Inc. (GWI) is a world-class provider of rail-freight transportation and its supporting services. GWI functions as a holding company with subsidiaries that own and operate regional freight railroads. We own or have interests in more than 20 railroads in five countries (United States, Canada, Mexico, Bolivia and Australia), and operate over 8,000 miles of owned and leased track, with access to an additional 2,350 miles through track-access arrangements.

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Last Update 05/03/03

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