SURFACE TRANSPORTATION BOARD TO HOLD FEBRUARY 15 PUBLIC HEARING ON METHODOLOGY FOR DETERMINING RAIL INDUSTRY'S COST OF CAPITAL

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>From the Surface Transportation Board, Washington, D.C.
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The Surface Transportation Board (STB) announced today that the agency will
hold a February 15, 2007 public hearing regarding the appropriate
methodology to be employed by the STB in determining the railroad
industry's estimated cost of capital, which would then be used by the
agency in future, annual cost-of-capital decisions.


 The hearing will begin at 9:30 a.m. on Thursday, February 15, in Room 760,
 the STB's hearing room, on the 7th Floor of the agency's headquarters in
 the Mercury Building, 1925 K Street, N.W., Washington, D.C.


 The STB scheduled the February 15 hearing in a Decision in the proceeding
 entitled Methodology To Be Employed in Determining the Railroad Industry's
 Cost of Capital, STB Ex Parte No. 664(
 http://www.stb.dot.gov/decisions/readingroom.nsf/WebDecisionID/37697?OpenDocument
 )
 , issued today, Friday, January 12, 2007.  That decision is available for
 viewing and downloading via the agency's Web site at
 http://www.stb.dot.gov.  A printed copy of the STB's decision also is
 available for a fee by contacting ASAP Document Solutions, 9332 Annapolis
 Rd., Suite 103, Lanham, MD 20706, telephone (202) 306-4004, or via
 asapdc@xxxxxxxxxxxx


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