| November 13, 1997 |
RAILAMERICA, INC. REPORTS RECORD 1997 THIRD
QUARTER AND NINE MONTHS RESULTS |
| October 31, 1997 |
RAILAMERICA, INC. CONSORTIUM COMPLETES ACQUISITION
OF AUSTRALIAN PASSENGER RAIL SERVICE |
| October 1, 1997 |
RAILAMERICA, INC. SUBSIDIARY RECEIVES $12 MILLION
U.S. MARINE CORPS TRAILER CONTRACT |
| August 28, 1997 |
RAILAMERICA, INC. CONSORTIUM TO ACQUIRE
AUSTRALIAN PASSENGER RAIL SERVICE |
| August 22, 1997 |
RAILAMERICA, INC. ACQUIRES A SECOND
MINNESOTA RAILROAD FROM BURLINGTON NORTHERN SANTA FE |
| August 15, 1997 |
RAILAMERICA, INC. REPORTS SECOND QUARTER
1997 RESULTS |
| May 29, 1997 |
RAILAMERICA, INC. ADDS KEY FIELD MANAGERS |
| May 21, 1997 |
RAILAMERICA, INC. REPORTS FIRST QUARTER
1997 RESULTS |
| May 19, 1997 |
RAILAMERICA, INC. ANNOUNCES SEVERAL
MANAGEMENT ADDITIONS |
| April 17, 1997 |
RAILAMERICA, INC. RECEIVES $2.75 MILLION IN
CLASS B WARRANT EXERCISE |
| March 31, 1997 |
RAILAMERICA, INC. EXTENDS EXERCISE DATE OF
OUTSTANDING CLASS B CALLABLE STOCK PURCHASE WARRANTS |
| March 31, 1997 |
RAILAMERICA, INC. REPORTS 1996 YEAR END
RESULTS |
| March 6, 1997 |
RAILAMERICA, INC. MOVES UP TO THE NASDAQ
NATIONAL MARKET |
| February 26, 1997 |
RAILAMERICA, INC. ANNOUNCES REPURCHASE OF
OUTSTANDING CLASS B CALLABLE STOCK PURCHASE WARRANTS |
| February 21, 1997 |
RAILAMERICA, INC. ACQUIRES MAJORITY
INTEREST IN CHILEAN RAILROAD |
| January 27, 1997 |
RAILAMERICA, INC. COMPLETES $7.5 MILLION
COMMON STOCK PRIVATE PLACEMENT |
| December 30, 1996 |
BURLINGTON NORTHERN SANTA FE SELLS
MINNESOTA RAIL CLUSTER TO RAILAMERICA, INC. |
| November 19, 1996 |
RAILAMERICA, INC. ACQUIRES ASSETS OF THE
GETTYSBURG RAILROAD COMPANY |
| November 15, 1997 |
RAILAMERICA ANNOUNCES 1996 THIRD QUARTER
AND NINE MONTH RESULTS |
| October 24, 1996 |
RAILAMERICA, INC. COMPLETES $4.5 MILLION
PRIVATE PLACEMENT; CLOSES ON NEW $10.0 MILLION ACQUISITION REVOLVING
LINE OF CREDIT |
| October 16, 1996 |
RAILAMERICA, INC. ACQUIRES ITS TENTH
RAILROAD |
| September 9, 1996 |
BURLINGTON NORTHERN SANTA FE SELLS
WASHINGTON RAIL LINE TO RAILAMERICA, INC. |
| August 8, 1996 |
RAILAMERICA ANNOUNCES RECORD REVENUES AND
INCOME FOR SECOND QUARTER OF 1996 |
| August 5, 1996 |
RAILAMERICA ACQUIRES ITS EIGHTH RAILROAD |
| August 2, 1996 |
RAILAMERICA NAMES TWO NEW DIRECTORS |
| May 17, 1996 |
RAILAMERICA ANNOUNCES FIRST QUARTER
RESULTS |