STB TO HOLD JULY 7 PUBLIC HEARING IN MAINE ON MMA ABANDONMENT

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-----------------------------***-----------------------------
>From the Surface Transportation Board, Washington, D.C.
-----------------------------***-----------------------------


The federal Surface Transportation Board announced today that it will hold
a public hearing in Presque Isle, Maine, on Wednesday, July 7, 2010, to
allow interested persons to comment on the Montreal, Maine & Atlantic
Railway, Ltd.'s application to abandon 233 miles of line in Aroostook and
Penobscot Counties.


                                         The hearing will begin at 9 a.m.
                                         at the District Court House, 27
                                         Riverside Drive, Presque Isle.


                                         Based on parties' earlier notices
                                         of intent to participate in a
                                         hearing, the Board has set a
                                         schedule of speakers; however,
                                         given that the hearing has been
                                         rescheduled, parties are not
                                         obligated to appear.  Parties
                                         should confirm, by June 24, 2010,
                                         that their proposed speakers will
                                         testify at the July 7 hearing.


                                         In February 2010, MMA filed an
                                         application to discontinue service
                                         and abandon the line.  The State
                                         of Maine opposed MMA's proposal,
                                         and sought funds—partially through
                                         a successful bond referendum
                                         earlier this month—to acquire the
                                         line and preserve service, should
                                         the Board grant MMA's application.
                                         Following a June 8, 2010 meeting
                                         of MMA, the State, and Board
                                         mediation staff, MMA asked the
                                         Board to extend the schedule in
                                         this case so that the State could
                                         participate in confidential
                                         mediation over the line's future.
                                         Favoring negotiated dispute
                                         resolution, the Board granted
                                         MMA's request.  On June 18, 2010,
                                         the parties notified the Board
                                         that they are at an impasse.


                                         The Board stated that it must
                                         balance MMA's interests against
                                         the public interest of
                                         facilitating continued rail
                                         service.


                                         Offers of Financial Assistance
                                         (OFAs) to either purchase the line
                                         or subsidize its continued service
                                         are due by July 19, 2010, but the
                                         start of the OFA process may be
                                         postponed pending the Board's
                                         final decision.


                                         The Board scheduled the July 7
                                         hearing in its decision issued
                                         today in Montreal, Maine &
                                         Atlantic Railway,
                                         Ltd.—Discontinuance of Service and
                                         Abandonment—In Aroostook and
                                         Penobscot Counties, ME, Docket No.
                                         AB-1043 (Sub-No.
                                         1)( http://www.stb.dot.gov/decisions/readingroom.nsf/WebDecisionID/40847?OpenDocument )

                                         .  The full public record in this
                                         case is available at </a>].  The
                                         full public record in this case is
                                         available at www.stb.dot.gov.  A
                                         speakers' list is attached.


                                         ###
                                         ATTACHMENT (speakers' list)
                                         ____________________________
                                         Attachment

                                         Surface Transportation Public
                                         Hearing
                                         Montreal, Maine & Atlantic
                                         Railway, Ltd.—Discontinuance of
                                         Service and Abandonment—In
                                         Aroostook and Penobscot Counties,
                                         ME,
                                         Docket No. AB-1043 (Sub-No. 1)
                                         July 7, 2010

                                         SCHEDULE OF APPEARANCES
                                         Party / Speaker / Time Allotted
                                         (minutes)

                                         Party

                                         Hon. Olympia J. Snowe, United
                                         States Senate / 10

                                         Hon. Susan M. Collins, United
                                         States Senate	 / 10

                                         Hon. Michael H. Michaud, Member of
                                         Congress / 10


                                         Panel I:  Government
                                         State of Maine, Department of
                                         Transportation / David Cole,
                                         Commissioner of the Maine
                                         Department of Transportation or
                                         Designee / 20

                                         Michael James Willette / State
                                         Legislator, District 5
                                         Representative, Presque Isle / 10

                                         Panel II:  Carrier
                                         Montreal, Maine & Atlantic
                                         Railway, Ltd. (MMA) / Robert C.
                                         Grindrod, MMA's President and CEO,
                                         Linda J. Morgan, James E. Howard /
                                         30

                                         Panel III:  Shippers
                                         Twin Rivers Paper Company LLC /
                                         Brian Sass or Designee / 7

                                         Fraser Timber Limited / Arkon
                                         Horne or Designee / 7

                                         Portage Wood Products / Stephen W.
                                         Schley / 7

                                         Irving Woodlands LLC / Robert J.
                                         Penette, Vice President / 7

                                         Huber Engineered Woods, LLC / Alan
                                         Weber, Vice President for
                                         Logistics and Supply Chain / 7

                                         Louisiana-Pacific Corporation /
                                         Travis Turner, Manager of Houlton
                                         Facility / 7


                                         Panel IV:  Community Associations
                                         LEADers Encouraging Aroostook
                                         Development (LEAD) / Virginia
                                         Joles, President of LEAD / 5

                                         Aroostook Partnership for Progress
                                         (APP) / Walter J. Elish, President
                                         of APP / 5

                                         Presque Isle Industrial Council /
                                         Larry E. Clark / 5

                                         Presque Isle Area Chamber of
                                         Commerce / Theresa M. Fowler / 5

                                         Southern Aroostook Development
                                         Corporation / Jon A. McLaughlin,
                                         Executive Director / 5

                                         Panel V:  Community Interests
                                         Maine Public Service Company
                                         (Maine PSC) / Rodney K. Leach,
                                         Manager of Supply Chain and
                                         Facilities Management, Maine PSC /
                                         5

                                         Northern Maine Development
                                         Commission / Denis Berube / 5

                                         The Aroostook Hospitality Inn /
                                         Steve Dobson / 5

                                         Seven Islands Land Company / John
                                         W. McNulty / 5

                                         Panel VI:  Labor
                                         Brotherhood of Locomotive
                                         Engineers and Trainmen / To Be
                                         Determined / 5

                                         Panel VII:  Other
                                         Eric S. Strohmeyer / 2


                                         ###
                                         -----------------------------***-----------------------------

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