News Release

BNSF Announces Rate Renewal Calendar

FORT WORTH, Texas, June 13, 2001:

The Burlington Northern and Santa Fe Railway Company (BNSF) today announced that effective July 1, 2001, it will improve the process for renewing rates for Carload service by aligning expiration dates for current commodity rates with a rate renewal calendar.

Previously, BNSF rates were renewed in a variety of ways based on different criteria. This created complicated procedures and timing disparities in the marketplace.

“The new process significantly simplifies our previous methods of renewing rates and will make the rate renewal process more logical and predictable for our customers,” said Dave Garin, group vice president, Industrial Products. “When BNSF’s Industrial Products business unit last March realigned into two groups - Sales and Marketing, one of the main objectives of the move was to make it easier for customers to use BNSF’s Carload network.”

The rate calendar is specifically designed for BNSF Industrial Products’ customers and can be found at www.bnsf.com/vicc . BNSF’s goal is to align all documents in a like commodity group for common month expiration. It is not intended to infer only annual pricing actions nor any other pricing inference.

Headquartered in Fort Worth, BNSF (NYSE: BNI) operates one of the largest rail networks in North America, with 33,500 route miles of track covering 28 states and two Canadian provinces.

BNSF Headquarters
BNSF Railway Company
2650 Lou Menk Dr. 2nd Floor
P.O. Box 961057
Fort Worth, TX 76161-0057
Phone: (817) 352-1000