Florida East Coast Industries, Inc. Announces Earnings Conference Call; Wednesday, April 24, 2002, at 10:00 a.m. ET, 9 a.m. CT

Business Wire, April 10, 2002

Business Editors

ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--April 10, 2002

Florida East Coast Industries, Inc. (FECI), (NYSE:FLA) (NYSE:FLA.b), will hold its quarterly conference call to discuss first quarter results on Wednesday, April 24, 2002, at 10:00 a.m. Eastern Time (9 a.m. Central Time).

This call is being webcast by CCBN and can be accessed at www.feci.com. The dial-in number for the call is 800/606-8940. A replay of the call will be available on the company website and at 800/615-3210, access code 5921843, until May 1, 2002.

The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.companyboardroom.com or by visiting any of the investor sites in CCBN's Individual Investor Network such as America Online's Personal Finance Channel, Fidelity Investments(R) (Fidelity.com) and others. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

About Florida East Coast Industries, Inc.

Florida East Coast Industries, Inc., headquartered in St. Augustine, Fla., conducts operations through four wholly-owned subsidiaries, Flagler Development Company (Flagler), Florida East Coast Railway, L.L.C. (FECR), Florida Express Carriers, Inc. (FLX) and EPIK Communications Incorporated (EPIK). Flagler owns, develops, leases and manages 7.2 million square feet of commercial and industrial space and owns approximately 13,400 acres of Florida properties. FECR is a regional freight railroad that operates 351 miles of main line track, from Jacksonville to Miami. FLX provides truckload service, intermodal drayage, transportation logistics and brokerage services. EPIK, based in Orlando, Fla., is a carriers' carrier that provides bandwidth capacity, dark fiber leases and collocation services to telecommunication providers.