Genesee & Wyoming Inc. Reports Traffic for January 2006

GREENWICH, Conn., Feb. 13, 2006 -- Genesee & Wyoming Inc. (GWI) today reported January 2006 traffic volumes for its North American and 50%-owned Australian operations.

North American traffic in January 2006 was 69,114 carloads, an increase of 16,409 carloads, or 31.1%, compared with January 2005.

Australian traffic in January 2006 was 80,316 carloads, a decrease of 2,705 carloads, or 3.3%, compared with January 2005.

The table below sets forth North American carloading information for January 2006 and January 2005:

  North America by       January         % of      January         % of
  Commodity Group           2006        Total         2005        Total

  Coal Coke & Ores        17,390        25.2%       15,038        28.5%
  Pulp & Paper            12,714        18.4%        8,631        16.4%
  Lumber & Forest Products 8,716        12.6%        6,256        11.9%
  Metals                   7,610        11.0%        5,722        10.8%
  Minerals & Stone         6,593         9.5%        4,092         7.8%
  Farm & Food Products     5,948         8.6%        4,297         8.1%
  Chemicals                3,916         5.7%        3,153         6.0%
  Petroleum Products       3,245         4.7%        2,731         5.2%
  Autos & Auto Parts       1,056         1.5%        1,326         2.5%
  Intermodal                 334         0.5%          356         0.7%
  Other                    1,592         2.3%        1,103         2.1%

  Total                   69,114       100.0%       52,705       100.0%

North American carloads in January 2006 increased by 16,409 carloads, or 31.1%. Excluding 1,690 carloads from the First Coast Railroad which GWI started operating April 9, 2005, and 9,392 carloads from the former Rail Management Corp. railroads which GWI started operating June 1, 2005, North American traffic in January 2006 increased by 5,327 carloads, or 10.1%. This increase was primarily due to a 1,827 carload increase in coal, coke & ores traffic principally in GWI's Illinois and New York-Pennsylvania Regions, a 1,109 carload increase in farm and food products traffic and a 1,080 carload increase in metals traffic. All other commodities were up a net 1,311 carloads. Although traffic in GWI's Mexico Region was not down materially in January 2006 compared to January 2005, the region continues to be negatively affected by the impact of Hurricane Stan.

The table below sets forth Australian carloading information for January 2006 and January 2005:

  Australia by           January         % of      January         % of
  Commodity Group           2006        Total         2005        Total

  Iron Ores               17,272        21.5%       18,821        22.7%
  Grain                   17,024        21.2%       19,303        23.3%
  Alumina                 13,686        17.0%       13,856        16.7%
  Bauxite                 12,230        15.2%       11,468        13.8%
  Other Ores & Minerals    8,474        10.5%        9,380        11.3%
  Gypsum                   4,306         5.4%        4,034         4.9%
  Hook & Pull                938         1.2%          326         0.3%
  Other                    6,386         8.0%        5,833         7.0%

  Total                   80,316       100.0%       83,021       100.0%

Australian carloads in January 2006 decreased by 2,705 carloads, or 3.3%, compared with January 2005. This decrease was primarily due to a 2,279 carload decrease in grain traffic resulting from temporary service disruptions caused by Cyclone Clare, delays in shipments through the Port of Adelaide and the expected exiting of a grain haulage contract in New South Wales; additionally the 1,549 carload decrease in iron ore traffic was due to scheduled maintenance at an unloading facility. All other commodities increased by a net 1,123 carloads.

Historically, the Company has found that carload information may be indicative of freight revenues on its railroads, but may not be indicative of total revenues, operating expenses, operating income or net income.

GWI is a leading operator of short line and regional freight railroads in the United States, Canada, Mexico, Australia and Bolivia, operating over 9,300 miles of owned and leased track and over more than 3,000 additional miles under track access arrangements.