SeaWaves Railroad News October 17, 2005

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Bombardier to Deliver 22 FLEXITY Outlook Trams to the City of Innsbruck, Austria

Montreal October 14, 2005 - Bombardier Transportation and its consortium partner ELIN EBG Traction have received an order from the transport authority of Innsbruck, Austria, Innsbrucker Verkehrsbetriebe GmbH (IVB) for the delivery of 22 Bombardier FLEXITY Outlook trams. The total order is valued at approximately $61 million US (51 million Euros), with Bombardier's share representing approximately $51 million US (42 million Euros).

The contract includes an option for 10 additional 100% low-floor vehicles of the same type.

The FLEXITY Outlook vehicles will be designed and manufactured at Bombardier's site in Vienna, while the consortium partner, ELIN EBG Traction, will be responsible for the electrical equipment.

Walter Grawenhoff, President, Light Rail Vehicles and Chief Country Representative, Austria, Bombardier Transportation stated: "The introduction of the FLEXITY Outlook vehicles in Graz and Linz has laid the foundations for this innovative family of trams. This new order from IVB demonstrates the trust in our engineering competence and the implementation of a truly innovative and aesthetic industrial design, which enhances the landscape of many cities in Europe."

Fritz Feitl, Chairman of the Supervisory Board, Bombardier Transportation Austria, said: "The contract from IVB in Innsbruck further demonstrates Bombardier's strong presence in the Austrian rail market. Over the last few months, Bombardier has received tram-orders from the cities of Vienna and Linz as well as an order for 60 additional Talent vehicles from the Austrian Federal Railways (OBB)."

The FLEXITY tram for Innsbruck is based on a proven modular technology that features a 100% low-floor interior while using conventional wheel-set bogies which offer excellent dynamic characteristics in terms of comfort and safety. The 27.6-meter long vehicles can carry up to 160 passengers, including 60 seated. For heightened passenger comfort the new trams are equipped with air conditioning and a 40-ton buffer load which ensures active and passive passenger safety.

"We have found good partners in Bombardier and ELIN," emphasized Martin Baltes, manager of IVB. He added: "Brand new perspectives are opening for IVB and its customers. The new trams will undoubtedly emphasize the reliable and respected image of the IVB, while offering excellent riding behavior and increasing passenger comfort."

Transport authorities worldwide have already ordered over 1200 Bombardier FLEXITY trams and low-floor vehicles. Vehicles of the same family are in successful revenue service in the cities of Linz (Austria), Lodz (Poland), Eskisehir (Turkey), Geneva (Switzerland) and Brussels (Belgium)- and they are currently being manufactured for the cities of Marseilles (France) and Valencia (Spain).

Bombardier Transportation employs approximately 570 people in Austria and the headquarters for its tram and light rail vehicle activities are located in Vienna. FLEXITY Outlook 100% low-floor vehicles for the cities of Graz and Linz were designed and manufactured at its Floridsdorf site, as well as light rail vehicles for Wiener Linien und Wiener Lokalbahnen. Bombardier has been very active in the Austrian rail market where it is currently delivering 171 Talent electric multiple units to the Austrian Federal Railways (OBB) for regional and commuter services, and is conducting various modernization projects for the same customer. Bombardier is also responsible for the electrical equipment of the commuter trains for the city of Linz.

RailAmerica Reports September Carloads

Boca Raton FL October 13, 2005 - RailAmerica, Inc. today reported its freight carloads for the month and nine months ended September 30, 2005.

Total carloads for September 2005 were 107,570, up 3.0% from 104,406 in September 2004. The acquisitions of the Midland Subdivision and Fremont line in Michigan, net of the impact of the sale of the Arizona Eastern Railway in 2004, accounted for 751 of the carload increase. On a "same railroad" basis, September 2005 carloads increased 2.3% to 106,037, from 103,624 in 2004. The 2,413 carload increase in 2005 was driven primarily by the increased shipment of metals.

For the nine months ended September 30, 2005, total carloads increased 6.1% to 975,964 from 920,227 in 2004. On a "same railroad" basis for the same period, carloads were 934,681, up 2.3% from 914,065 in 2004. "Same railroad" totals exclude carloads associated with railroads, or portions of railroads, sold or acquired by the Company after January 1, 2004.

Historically, the Company has found that carload information may be indicative of freight revenue on its railroads, but may not be indicative of total revenue, operating expenses, operating income or net income. Attached is a comparison of North America carloads by commodity group for the periods ended September 30, 2005 and 2004.

RailAmerica, Inc.

Carload Comparisons by Commodity Group

Month/Year-to-Date Ended September 30, 2005 and 2004

Consolidated North American Carloads

September YEAR-TO-DATE

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Commodity Group 2005 2004 % Chg 2005 2004 % Chg

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Bridge Traffic 16,063 16,839 -4.6% 152,301 143,897 5.8%

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Coal 12,746 12,363 3.1% 112,626 112,068 0.5%

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Lumber & Forest Products 11,427 10,885 5.0% 104,343 98,667 5.8%

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Agricultural & Farm

Products 9,418 8,568 9.9% 86,913 76,137 14.2%

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Chemicals 9,279 9,000 3.1% 87,701 78,592 11.6%

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Metals 8,853 7,009 26.3% 73,636 69,504 5.9%

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Paper Products 8,843 8,881 -0.4% 80,189 78,510 2.1%

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Food Products 7,191 7,227 -0.5% 65,247 56,414 15.7%

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Metallic/Non-metallic

Ores 6,040 6,274 -3.7% 51,578 52,803 -2.3%

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Minerals 5,224 4,765 9.6% 44,351 40,064 10.7%

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Petroleum Products 4,314 4,529 -4.7% 42,589 39,318 8.3%

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Other 3,563 2,870 24.1% 30,293 26,595 13.9%

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Intermodal 2,365 2,903 -18.5% 25,856 26,350 -1.9%

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Autos 2,244 2,293 -2.1% 18,341 21,308 -13.9%

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TOTAL 107,570 104,406 3.0% 975,964 920,227 6.1%

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"Same Railroad" Carloads"

September YEAR-TO-DATE

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Commodity Group 2005 2004 % Chg 2005 2004 % Chg

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Bridge Traffic 16,055 16,837 -4.6% 152,097 143,870 5.7%

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Coal 12,746 12,363 3.1% 112,626 111,949 0.6%

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Lumber & Forest Products 11,188 10,885 2.8% 101,885 98,653 3.3%

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Chemicals 9,055 9,000 0.6% 80,261 78,285 2.5%

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Paper Products 8,672 8,881 -2.4% 77,087 78,485 -1.8%

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Agricultural & Farm

Products 8,809 8,568 2.8% 73,993 76,109 -2.8%

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Metals 8,804 6,764 30.2% 69,012 67,639 2.0%

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Food Products 7,084 7,227 -2.0% 59,223 56,413 5.0%

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Minerals 5,219 4,763 9.6% 44,057 40,016 10.1%

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Metallic/Non-metallic

Ores 5,952 5,768 3.2% 48,305 49,314 -2.0%

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Petroleum Products 4,306 4,502 -4.4% 42,304 39,124 8.1%

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Intermodal 2,365 2,903 -18.5% 25,778 26,350 -2.2%

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Autos 2,244 2,293 -2.1% 18,144 21,296 -14.8%

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Other 3,538 2,870 23.3% 29,909 26,562 12.6%

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TOTAL 106,037 103,624 2.3% 934,681 914,065 2.3%

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