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CSX 2008 Annual Meeting
CSX: Outstanding Performance 

Financial Results


CSX is producing superior financial results...

  • CSX delivered record revenue and operating income in the first quarter of 2008. Read the press release.
  • CSX has made industry-leading improvements in financial performance:


  • - Operating income more than doubled since 2004

    - Comparable operating margin improved from 13.2 to 22.2% since 2004

    - Earnings per share nearly tripled since 2004


...and the future looks even brighter.

  • CSX is targeting operating ratio in the low 70s by 2010.
  • CSX recently revised long-term guidance through 2010. Read the press release.


  • - CAGR in operating income of 13 to 15% over 2007 base

    - CAGR in EPS of 18 to 21% over 2007 base (before impact of share repurchase)

    - Free cash flow exceeding $1 billion before dividends in 2010




All stock price performance as of April 25, 2008.

Click here for GAAP reconciliation and important information regarding forward looking statements.


Important Information
In connection with the 2008 annual meeting of shareholders, CSX Corporation ("CSX") has filed with the SEC and mailed to shareholders a definitive Proxy Statement dated April 25, 2008. Security holders are strongly advised to read the definitive Proxy Statement because it contains important information. Security holders may obtain a free copy of the definitive Proxy Statement and any other documents filed by CSX with the SEC at the SEC's website at www.sec.gov. The definitive Proxy Statement and these other documents may also be obtained for free from CSX by directing a request to CSX Corporation, Attn: Investor Relations, David Baggs, 500 Water Street C110, Jacksonville, FL 32202. CSX, its directors, director nominee and certain named executive officers and employees may be deemed to be participants in the solicitation of CSX's security holders in connection with its 2008 Annual Meeting. Security holders may obtain information regarding the names, affiliations and interests of such individuals in CSX's definitive Proxy Statement and its May 15, 2008 letter to shareholders filed with the SEC as definitive additional soliciting materials.


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