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BOCA RATON, Fla.–(BUSINESS WIRE)–Patriot Rail Corp. (“Patriot” or the “Company”), a privately-held short
line and regional freight railroad holding company, today announced that
it has donated its 21-mile Mississippi amp; Skuna Valley Railroad (“MSV”)
to Calhoun and Yalobusha counties in Mississippi.

We
are very appreciative of Patriot’s donation. Our hope is to create a
recreational area in the near future that will benefit both counties.

The donation sets the stage for the counties to pursue creation of the
Skuna Valley Trail for public recreational use. The Calhoun County Board
of Supervisors accepted the property donation in December 2011,
establishing the Mississippi and Skuna Valley Rails to Trails
Recreational District. Since the MSV also traverses Yalobusha County,
Calhoun County entered into a joint agreement with Yalobusha County for
the project. The ownership of the trail by the counties ensures that it
can be returned to use as a rail line in the future, if service is
warranted.

“We are pleased to donate the MSV to these counties,” said Gary O.
Marino, Chairman, President and CEO of Patriot Rail Corp. “Re-purposing
the MSV railroad into a trail is an excellent use of this rail corridor,
transforming a once underutilized property into a vibrant community
asset. We hope that this trail will be a source of enjoyment for the
community for many years to come.”

Patriot Rail acquired the MSV in 2010 with the purchase of six railroads
belonging to the Weyerhaeuser Company. The MSV ceased operations in
April 2008 after the Class I connection suspended service due to a
bridge that required substantial repairs.

Tommy Vaughn, President of Supervisors of Yalobusha County, said, “We
are very appreciative of Patriot’s donation. Our hope is to create a
recreational area in the near future that will benefit both counties.”

“Calhoun County appreciates the gift of the railbed. The gift enables us
to use the railbed for recreational purposes and will remain in place
for any future railway needed for industrial development of Calhoun
County and surrounding areas,” added Sonny Clanton, attorney for the
Calhoun County Board of Supervisors.

Patriot Rail Corp. is a short line and regional freight railroad company
based in Boca Raton, Florida. The Company owns and operates 12 short
line freight railroads comprising over 500 total rail miles in 12
states. For more information on Patriot Rail Corp. visit www.patriotrail.com.