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Statement From Railtrack.


Business Editors

LONDON--(BUSINESS WIRE)--Oct. 19, 2000

The Railtrack Board met yesterday evening, October 18th, to consider such facts as are yet known about the Hatfield Disaster.

The Board wishes to offer its deepest sympathy to the bereaved be·reaved  
adj.
Suffering the loss of a loved one: the bereaved family.

n.
One or those bereaved: The bereaved has entered the church.
 and injured in·jure  
tr.v. in·jured, in·jur·ing, in·jures
1. To cause physical harm to; hurt.

2. To cause damage to; impair.

3.
.

It was decided that the information was sufficient to make a statement about the cause of the disaster. Its preliminary view is that a broken rail caused the derailment derailment /de·rail·ment/ (de-ral´ment) disordered thought or speech characteristic of schizophrenia and marked by constant jumping from one topic to another before the first is fully realized.  and that the condition of the rail, which was only 5 years old, was wholly unacceptable. The probable cause Apparent facts discovered through logical inquiry that would lead a reasonably intelligent and prudent person to believe that an accused person has committed a crime, thereby warranting his or her prosecution, or that a Cause of Action has accrued, justifying a civil lawsuit.  of the fracture fracture, breaking of a bone. A simple fracture is one in which there is no contact of the broken bone with the outer air, i.e., the overlying tissues are intact. In a comminuted fracture the bone is splintered.  was gauge corner cracking. The rail was due to be replaced in November. The replacement should have been in place sooner and this was Railtrack's responsibility.

The Board reviewed the actions already taken, such as speed restrictions, and considered the sufficiency of the immediate measure to protect the public in other parts of the network. These have been discussed with HMRI HMRI Huntington Medical Research Institutes (Pasadena, CA)
HMRI Hunter Medical Research Institute (Newcastle, New South Wales, Australia)
HMRI Her Majesty's Railway Inspectorate
. They will be kept under continuous review but the timeframe of renewal of the network will also be accelerated.

The Board will be reviewing further information about the disaster, as it becomes available.

The Board then considered whether or not to accept Gerald Corbett's offer to resign as Chief Executive.

The Board unanimously decided that the offer should not now be accepted because Mr. Corbett is the person best qualified to lead the company in the search for all root causes of the disaster and the responses. Rail quality improvement has been led vigorously by Mr. Corbett and that effort must be followed through by the Company.

All recent press releases can be found on the Railtrack web site at the following address: http://www.railtrack.co.uk/corporate/notice.
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Publication:Business Wire
Geographic Code:4EUUK
Date:Oct 19, 2000
Words:283
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