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Press Release
March 28, 2000
IMMEDIATE
Thomas F. Prendergast to leave as President of MTA Long Island Rail Road

MTA Chairman E. Virgil Conway announced today the resignation
of Thomas F. Prendergast as President of the MTA Long Island Rail
Road. Mr. Prendergast will be leaving May 1 for a position in
the private sector as Chief Executive Officer for the London Infrastructure
Consortium (LINC).

Mr. Conway noted, "Tom has been an outstanding member of the
MTA team who has provided exceptional leadership to the railroad
during a very challenging period. He will be missed."

"It speaks highly for the MTA that a member of its management
team was selected to participate in this new private venture.
I am confident that Tom's many years of commuter rail and transit
experience will be an asset to his new role," Mr. Conway added.

Mr. Prendergast said, "In my five and one-half years as LIRR
President we have made significant improvements to the car fleet,
track, and signal system. I am confident that these improvements
will continue because solid programs are in place to implement
strategies for maintenance, replacement, and upgrade of each of
these elements."

Mr. Prendergast, 47, a native of Chicago, has 25 years of transportation
experience. Before joining the LIRR in September 1994, he was
Senior Vice President of MTA New York City Transit's Department
of Subways. In that role, he supervised 26,000 employees and
was responsible for the movement of 6,000 subway trains a day.
Before overseeing the subway department, Mr. Prendergast was Chief
Electrical Officer, responsible for the operation, maintenance,
and engineering for signals, power, and communications. Prior
to joining NYC Transit, Mr. Prendergast directed the operations
of MTA Staten Island Railway.

Mr. Prendergast graduated from the University of Illinois with
a bachelor of science in Urban Transportation. He began his railroad
career as a Senior Transit Planner with the Chicago Transit Authority,
and also served with the Federal Transit Administration (formerly
the Urban Mass Transit Administration) as a Transit Safety System
Specialist.

LINC is comprised of five independent firms which have submitted
a proposal for the privatization of the infrastructure maintenance
of the London Underground.

Mr. Conway said that a national search will begin immediately
for a new president for the 164-year-old railroad.