1 Genesee & Wyoming Inc.

Genesee & Wyoming Australia

February, 2016

Challenges and Opportunities in the SA rail sector

2 Genesee & Wyoming Australia

Forward-Looking Statements

This presentation contains “forward-looking statements” regarding future events and the future

performance of Genesee & Wyoming Inc. that involve risks and uncertainties that could cause

actual results to differ materially from those expressed or forecasted, including, but not limited

to, economic conditions, customer demand, increased competition in the relevant market, the

integration of RailAmerica railroads, and others, many of which are beyond our control. The

Company refers you to the documents that it files from time to time with the Securities and

Exchange Commission, such as the Company’s Forms 10-Q and 10-K, which contain additional

important factors that could cause its actual results to differ from its current expectations and

from the forward-looking statements discussed during this presentation. Forward-looking

statements speak only as of the date of this presentation or the date they were made. Genesee

& Wyoming Inc. does not undertake, and expressly disclaims, any duty to update any forward-

looking statement contained in this presentation whether as a result of new information, future

events or otherwise, except as required by law.

3 Genesee & Wyoming Australia

GWA Priorities

1. Safety: Our No. 1 priority

2. Customer Service: We exist to serve our customers

3. Local Accountability: Make decisions closest to the facts

4. Commitment to Excellence: Continuous improvement

5. Long-Term Partnerships: Customers, Large US Railroads, Local Communities

6. Long-Term Decision Making: Stewards of vital infrastructure assets

4 Genesee & Wyoming Australia

Our Core Purpose

To be the

safest and

most respected

rail service

provider

in the world.

5 Genesee & Wyoming Australia

GWA Safety Performance

0.480.81

0.55 0.530.27

0.47 0.56

0.0

1.0

2.0

3.0

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

1.42

6 Genesee & Wyoming Australia

• Railroads: 120 worldwide with ~24,000km

of track and over 2,500 customers

• People: 7,700 worldwide

• Equipment: >1,300 locomotives and 22,000 wagons

• Annual Carloads: ~ 2 million

• Public Company: New York Stock Exchange-listed (GWR)

with ~A$3.5 billion market capitalisation

• Operations: 41 U.S. states, four Canadian provinces, four

Australian states & one territory, Germany, Poland, the

Netherlands, Belgium and the UK

• Contract Switching & Port Operations: Serve 40+ ports and

~50 industrial facilities and mines

Genesee & Wyoming Inc.

7 Genesee & Wyoming Inc.

Genesee & Wyoming Inc. 2015

Australia North America

U.K./Europe

Private & Confidential

Challenges in SA Rail Sector

9 Genesee & Wyoming Australia

Challenges…

• Global Commodity Prices

– Continued decline in iron ore price. Industry continuing to face strong headwinds

• Regional Rail Lines

– Rail is a long lived asset that is best suited to providing the base haulage task for large

commodity movements

– Long term view required by all parties

– Requires collaboration between Network Operator, Government and Customer

– An example of this is the Eyre Peninsula Railway Network

• Proposed changes to Coastal Shipping

• Safety, Social and Environmental benefits of Rail not generally considered

10 Genesee & Wyoming Australia

Challenges…

• Increased competitiveness of Road

– Rates

– Availability and reduced demand

– Utilises shared public infrastructure

– Few barriers to market entry

Opportunities in SA Rail Sector

12 Genesee & Wyoming Australia

Opportunities…

• Improved technology on Rail:

– Automated Train Management System (ATMS)

– In-Cab Communications Equipment (ICE) – a modular communications device

specifically designed for rail

– Increased network axle loads

• Improved Rollingstock

– Productivity

• Light weight tare wagons

• AC Tractive locomotives providing improved trailing load capacity

– Availability

• Off the shelf standardised rollingstock

• Short lead times (Chinese Build)

• The reappearance of Junior Miners

- Many ‘green shoot’ opportunities (in high value specialised commodities)

13 Genesee & Wyoming Australia

Opportunities…

GWA has proactively restructured in preparation for improved market conditions

by:

• Significant investment in locomotives & inline fuelling capability

• Insourcing of track maintenance

• Insourcing of mechanical maintenance

• Acquisition by G&W of Freightliner Group Limited

• Brought in-house Terminal Operations - Alice Springs and Darwin

Intermodal

15 Genesee & Wyoming Australia

Intermodal • Improved Freight Availability:

- Leading to organic growth and improved market

share (previous time sensitive freight transitioning

from road to rail)

16 Genesee & Wyoming Australia

Intermodal

Improved Productivity - Weather Proofing the

Railway:

• Water Level Monitoring

– Installing monitoring devices on the six major NT bridges

– Installing solar-powered devices to activate signals and send

email/SMS alerts to Transport Control and Managers when

water levels rise

– Installing fixed water level markers on bridges to inform crews

and track inspectors of water levels

• Weather Monitoring - Began receiving alerts from Early Warning Network in June 2012

• Updated Training Program - Enhancing extreme weather awareness training for drivers and

train dispatchers

17 Genesee & Wyoming Australia