News Release

BNSF plans $61 million capital program in Iowa to maintain and expand rail capacity

FORT WORTH, TEXAS, August 21, 2012:

BNSF Railway Company (BNSF) plans to invest an estimated $61 million on maintenance and rail capacity improvement projects in Iowa this year.

BNSF will continue its work on the Burlington Bridge by replacing existing through-truss spans and also begin work to replace BNSF’s bridge over the Missouri River between Plattsmouth, Neb., and Pacific Jct., Iowa. Additionally, BNSF will continue its robust maintenance program in Iowa, which will include 315 miles of track surfacing and undercutting work, and the replacement of 27 miles of rail and about 183,000 ties.

“Investment in BNSF’s network in Iowa is an investment in Iowa jobs and competitiveness, and will ensure our infrastructure remains strong and efficient to better serve Iowa shippers and the state’s economy,” said Matthew K. Rose, Chairman and Chief Executive Officer.

The planned capital investments in Iowa are part of BNSF’s total 2012 capital commitment of $3.9 billion. The largest component of the capital plan is spending $2.1 billion on BNSF’s core network and related assets. BNSF also plans to spend approximately $1.1 billion on locomotive, freight car and other equipment acquisitions, many of which will serve Iowa. The program also includes about $300 million for federally mandated positive train control (PTC) and $400 million for terminal, line and intermodal expansion and efficiency projects.

U.S. Department of Commerce economic data indicates that every dollar invested in freight railroads yields $3 in economic output and according to a Department of Commerce economic model, every freight rail job supports another 4.5 jobs somewhere else in our economy.

About BNSF

BNSF Railway is one of North America’s leading freight transportation companies operating on 32,000 route miles of track in 28 states and two Canadian provinces. BNSF is one of the top transporters of consumer goods, grain, industrial goods and low-sulfur coal that help feed, clothe, supply, and power American homes and businesses every day. BNSF and its employees have developed one of the most technologically advanced, and efficient railroads in the industry. We work continuously to improve the value of the safety, service, energy, and environmental benefits we provide to our customers and the communities we serve. You can learn more about BNSF at www.BNSF.com.

BNSF Headquarters
BNSF Railway Company
2650 Lou Menk Dr. 2nd Floor
Fort Worth, TX 76131-2830
P.O. Box 961057
Fort Worth, TX 76161-0057
Phone: (817) 352-1000