American Commercial Lines Announces Private Placement of Senior Secured Second Lien...

American Commercial Lines Announces Private Placement of Senior Secured Second
Lien Notes

JEFFERSONVILLE, Ind., June 24 /PRNewswire-FirstCall/ -- Commercial Barge Line
Company, a direct wholly owned subsidiary of American Commercial Lines Inc.
(Nasdaq: ACLI) ("ACL"), announced today that it intends to offer $200 million
aggregate principal amount of senior secured second lien notes due in 2017 in
a private placement. The notes will be guaranteed by ACL and by certain of
ACL's existing and future domestic subsidiaries. Net proceeds from the
offering, together with borrowings under a proposed new four year $350 million
senior secured first lien asset-based revolving credit facility, will be used
to repay ACL's existing credit facility, to pay certain related transaction
costs and expenses and for general corporate purposes.

The notes will be offered in the United States to qualified institutional
buyers in accordance with Rule 144A under the Securities Act of 1933, and
outside the United States in compliance with Regulation S. These notes have
not been registered under the Securities Act of 1933 or any state securities
laws and may not be offered or sold in the United States absent registration
or an applicable exemption from registration requirements. This press release
is being issued pursuant to Rule 135c and shall not constitute an offer to
sell or a solicitation of an offer to buy the securities.

This press release may contain forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These forward-looking statements reflect ACL's current
views with respect to future events, based on what it believes are reasonable
assumptions. No assurances can be given, however, that these events will
occur. These statements are subject to risks and uncertainties that could
cause actual results to differ materially. Information about the risks and
uncertainties that may affect ACL are set forth in ACL's reports, including
its Form 10-K dated March 11, 2009, and other forms filed by ACL with the
Securities and Exchange Commission.

American Commercial Lines Inc., headquartered in Jeffersonville, Indiana, is
an integrated marine transportation and service company operating in the
United States Jones Act trades, with approximately $1.2 billion in revenues
and approximately 3,400 employees as of December 31, 2008. For more
information about American Commercial Lines Inc. visit www.aclines.com.

SOURCE American Commercial Lines Inc.

David T. Parker, Vice President, Investor Relations and Corporate
Communications, of American Commercial Lines Inc., +1-800-842-5491