News Release

BNSF Plans $90 Million Capital Program in New Mexico to Improve Rail Capacity

FORT WORTH, TEXAS, September 30, 2013:

BNSF Railway Company (BNSF) plans to invest an estimated $90 million on track and rail capacity improvement projects in New Mexico this year.

BNSF will make signal improvements to five main line tracks through the Belen Terminal and add a locomotive servicing pit to the yard at Belen. BNSF will also continue its robust track improvement program in New Mexico, which will include 2,100 miles of track surfacing and undercutting work, the replacement of about 160 miles of rail and more than 170,000 railroad ties, as well as significant signal upgrades for federally mandated positive train control (PTC).

“BNSF's capital investments in New Mexico will help ensure our network is prepared for growing demand for freight rail,” said Matthew K. Rose, chairman and chief executive officer. “We are focused on investing to meet our customers' expectations and on expanding capacity where growth is occurring. Given the importance of a low cost supply chain to the U.S. economy, our privately funded rail infrastructure is well positioned to help New Mexico compete in global markets.”

The planned capital investments in New Mexico are part of BNSF's record 2013 capital commitment of $4.3 billion. The largest component of the capital plan is spending $2.3 billion on BNSF's core network and related assets. BNSF also plans to spend approximately $1 billion on locomotive, freight car and other equipment acquisitions, many of which will serve New Mexico. The program also includes about $200 million for positive train control and $800 million for terminal, line and intermodal expansion and efficiency projects.

Unlike other modes of transportation, U.S. freight railroads use their own private dollars, not tax dollars, to build and maintain their freight rail networks. Since the year 2000, BNSF has invested more than $42 billion to improve and expand its freight rail network.

About BNSF

BNSF Railway is one of North America's leading freight transportation companies operating on 32,500 route miles of track in 28 states and two Canadian provinces. BNSF is one of the top transporters of consumer goods, grain and agricultural products, low-sulfur coal, and industrial goods such as petroleum, chemicals, housing materials, food and beverages. BNSF's shipments 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