Certain entities affiliated with Carlyle (collectively, the “Carlyle Purchasers”) completed the previously announced purchase of $350 million of Mandatorily Convertible Preferred Stock, Series A-1, par value $0.01 per share (the “Series A-1 Preferred Stock”) from GWI on October 1, 2012, which investment partially financed a portion of GWI’s purchase of RailAmerica, Inc. Pursuant to the Certificate of Designations of the Series A-1 Preferred Stock relating to such investment, the Carlyle Purchasers have the right to designate one member of GWI’s Board of Directors. The Carlyle Purchasers designated Mr. Ledford to the Board of Directors. In addition, Cedric Bobo, a Principal with Carlyle focused on U.S. buyout opportunities in the industrial and transportation sectors, will become a non-voting board observer to the Board of Directors at Carlyle’s request pursuant to the Certificate of Designations.About GWI GWI owns and operates short line and regional freight railroads and provides railcar switching services in the United States, Australia, Canada, the Netherlands and Belgium. In addition, GWI operates the Tarcoola to Darwin rail line, which links the Port of Darwin with the Australian interstate rail network in South Australia. Operations currently include 66 railroads organized in 10 regions, with more than 7,600 miles of owned and leased track and approximately 1,400 additional miles under track access arrangements. We provide rail service at 23 ports in North America, Australia and Europe and perform contract coal loading and railcar switching for industrial customers. On October 1, 2012, GWI consummated the acquisition of RailAmerica, Inc. Immediately following the acquisition, control of RailAmerica was placed into a voting trust until such time as the U.S. Surface Transportation Board issues its decision on GWI’s pending control application for RailAmerica, Inc. About RailAmerica RailAmerica, Inc. owns and operates short line and regional freight railroads in North America, operating a portfolio of 45 individual railroads with approximately 7,500 miles of track in 28 U.S. states and three Canadian provinces.