Florida East Coast Industries Files Fiscal 2006 Annual Report on Form 10-K

JACKSONVILLE, Fla., Feb. 26  /PRNewswire-FirstCall/ -- Florida East Coast Industries, Inc. (NYSE:FLA) ("FECI") has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2006 with the Securities and Exchange Commission.

The Form 10-K can be accessed on FECI's website in the Investors section at http://www.feci.com/.  Shareholders may receive a hard copy of the Company's complete audited financial statements free of charge upon request to FECI's Investor Relations.

About Florida East Coast Industries, Inc.

Florida East Coast Industries, Inc., (FECI) headquartered in Jacksonville, FL, conducts operations through Flagler Development Group (Flagler) and Florida East Coast Railway, L.L.C. (FECR). FECI conducts its real estate operations through Flagler which owns, develops, leases and holds in joint ventures approximately 8.6 million square feet of Class-A office and industrial space, as well as an additional 1,851,888 square feet under construction. Flagler space consists of Class-A office and industrial properties, primarily in Jacksonville, Orlando, Ft. Lauderdale and Miami. In addition, Flagler provides construction, consulting, third party brokerage and property management (includes Flagler's wholly owned portfolio in addition to 10.5 million square feet for third parties) services and owns and holds in joint ventures 853 acres of entitled land in Florida, which is available for development of up to an additional 16.1 million square feet. Flagler also owns approximately 3,089 acres of other Florida properties. Florida East Coast Railway, L.L.C. (FECR), a subsidiary of FECI, is a regional freight railroad that operates 351 miles of mainline track from Jacksonville to Miami and provides intermodal drayage services at terminals located in Atlanta, Jacksonville, Ft. Pierce and Miami. For more information, visit the Company's website at http://www.feci.com/. 

DATASOURCE: Florida East Coast Industries, Inc.



CONTACT:  Brian J. Nicholson of Florida East Coast Industries, Inc.,

[phone]



Web site:  http://www.feci.com/

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