Florida East Coast Industries, Inc. Announces Earnings Conference Call

    ST. AUGUSTINE, Fla.--April 10, 2003--Florida East Coast Industries, Inc. (FECI), , will hold its quarterly conference call to discuss 2003 first quarter results on Wednesday, April 23, 2003, at 10:00 a.m. Eastern Time (ET) (9 a.m. Central Time).
    The call is being webcast by CCBN and can be accessed at www.feci.com. The dial-in numbers for the call are 888/676-1749 or 952/556-1581.
    A replay of the call will be available approximately 2 hours after completion of the call on the company website and at 800/615-3210 or at 703/326-3020, access code 106659, until Wednesday, April 30, 2003 at 11:59 pm ET.

    Florida East Coast Industries, Inc., headquartered in St. Augustine, FL, conducts operations through two wholly owned subsidiaries, Flagler Development Company (Flagler) and Florida East Coast Railway, L.L.C. (FECR). Flagler owns, develops, leases and manages 6.9 million square feet of commercial and industrial space, including 403,000 square feet in the development phase, and owns approximately 1,030 acres of entitled land and also 5,500 acres of additional Florida properties. FECR is a regional freight railroad that operates 351 miles of main line track from Jacksonville to Miami and provides intermodal drayage services at terminals located in Atlanta, Jacksonville and Miami. For more information, visit the Company's Web site at http://www.feci.com.