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ILLINOIS CENTRAL RAILROAD AND KANSAS CITY SOUTHERN RAILWAY REACH AGREEMENT

 CHICAGO, Jan. 21 /PRNewswire/ -- Illinois Central Railroad announced today an agreement in which it will cooperate with Kansas City Southern Railway (KCSR) in the marketing of quality and efficient joint line transportation service.
 With this agreement, Illinois Central supports KCSR's proposed acquisition of MidSouth Corporation. Illinois Central previously withheld its position on the proposed transaction pending detailed review of its impact.
 Illinois Central Railroad, the principal subsidiary of Illinois Central Corporation (NYSE: IC), operates a 2,700 mile freight railroad between Chicago and the Gulf of Mexico.
 -0- 1/21/93
 /CONTACT: Ann G. Thoma, corporate relations of Illinois Central Railroad, 312-755-7591/
 (IC)


CO: Illinois Central Railroad; Kansas City Southern Railway ST: Illinois IN: TRN SU: JVN

WB -- NY096 -- 7666 01/21/93 17:25 EST
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Publication:PR Newswire
Date:Jan 21, 1993
Words:126
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