Genesee & Wyoming Inc. Prices Public Offering of Class A Common Stock at $24.50

GREENWICH, Conn., June 16, 2009 /PRNewswire-FirstCall/ -- Genesee & Wyoming
Inc. (GWI) (NYSE: GWR) announced today that it has priced its previously
announced underwritten registered public offering of 4,000,000 shares of its
Class A Common Stock at $24.50 per share. In addition, GWI has granted the
underwriters a 30-day option to purchase up to an additional 600,000 shares of
its Class A Common Stock to cover over-allotments, if any.

GWI is expected to receive $92,600,000 in net proceeds from the sale of its
Class A Common Stock, plus any proceeds received from the exercise by the
underwriters of their over-allotment option. GWI intends to use the proceeds
of the offering to repay all or substantially all of the amounts outstanding
under its revolving credit facility and for general corporate purposes,
including strategic investments and acquisitions.

The offering was made under an effective shelf registration statement. Citi,
J.P.Morgan and Deutsche Bank Securities were joint book-running managers and
Merrill Lynch & Co., BB&T Capital Markets, Morgan Keegan & Company, Inc.,
Stephens Inc. and Dahlman Rose & Company, LLC were co-managers.

A final prospectus supplement relating to the offering will be filed with the
Securities and Exchange Commission. Copies of the final prospectus supplement
relating to the offering may be obtained from the offices of Citi, Brooklyn
Army Terminal, 140 58th Street, 18th Floor, Brooklyn, New York 11220,
(Telephone Number: 1-800-831-9146), J.P.Morgan at Prospectus Library, 4 Chase
Metrotech Center, CS Level, Brooklyn, NY 11245 (Telephone Number:
1-718-242-8002) or Deutsche Bank Securities, Attention: Prospectus Department,
100 Plaza One, Jersey City, New Jersey 07311 (Telephone Number:
1-800-503-4611).

This press release shall not constitute an offer to sell or the solicitation
of an offer to buy any securities nor shall there be any sale of these
securities in any state in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
such state. The offering of these securities will be made only by means of the
prospectus supplement and accompanying prospectus.

About Genesee & Wyoming Inc.

GWI owns and operates short line and regional freight railroads in the United
States, Canada, Australia and the Netherlands and owns a minority interest in
a railroad in Bolivia. Operations currently include 63 railroads organized in
nine regions, with more than 6,800 miles of owned and leased track and
approximately 3,100 additional miles under track access arrangements. GWI
provides rail service at 16 ports in North America and Europe and performs
contract coal loading and railcar switching for industrial customers.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995: Statements in this press release regarding Genesee & Wyoming's business
which are not historical facts are "forward-looking statements" that involve
risks and uncertainties. Forward-looking statements include statements
regarding future events and the future performance of GWI that involve risks
and uncertainties that could cause actual results to differ materially from
its current expectations including, but not limited to, economic, political
and industry conditions; customer demand, retention and contract continuation;
legislative and regulatory developments; increased competition in relevant
markets; funding needs and financing sources; susceptibility to various legal
claims and lawsuits; strikes or work stoppages; severe weather conditions and
other natural occurrences; and others. Words such as "anticipates," "intends,"
"plans," "believes," "seeks," "expects," "estimates," variations of these
words and similar expressions are intended to identify these forward-looking
statements. For a discussion of such risks and uncertainties, which could
cause actual results to differ from those contained in the forward-looking
statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for
the most recently ended fiscal year. GWI cautions investors and potential
investors not to place undue reliance on such statements and disclaims any
intention to update the current expectations or forward-looking statements
contained in this filing.

CONTACT: Timothy J. Gallagher, Chief Financial Officer, Genesee & Wyoming
Inc., +1-203-629-3722, tjgallagher@gwrr.com

SOURCE Genesee & Wyoming Inc.

Timothy J. Gallagher, Chief Financial Officer, Genesee & Wyoming Inc.,
+1-203-629-3722, tjgallagher@gwrr.com