American Commercial Lines Inc. Announces Chairman and Board of Directors JEFFERSONVILLE, Ind., Feb. 4 /PRNewswire-FirstCall/ -- American Commercial Lines Inc. ("ACL" or "Company") announced that Clayton Yeutter was elected Chairman of the ACL Board of Directors at its January 18, 2005 meeting held in Jeffersonville, IN. Other members of the board are Eugene I. Davis, Richard L. Huber, Nils E. Larsen, Emanuel L. Rouvelas, R. Christopher Weber and newly- appointed President and Chief Executive Officer, Mark R. Holden. Clayton Yeutter has been Of Counsel to Hogan & Hartson, LLP, a law firm in Washington, D.C., since 1993 and has established an international trade and agricultural law practice. A former Secretary of Agriculture, Mr. Yeutter currently serves as a director of Danielson Holding Corporation, Chairman of the Board of Oppenheimer Funds, Inc., an institutional investment manager, Chairman of the Board of CropSolutions, Inc., a privately-owned agricultural chemical company, and a director of America First, a privately-owned investment management company. Eugene I. Davis currently serves as the Chairman and Chief Executive Officer of Pirinate Consulting Group, LLC. Mr. Davis also was the Chairman and Chief Executive Officer of RBX Industries, Inc., a manufacturer and distributor of foam products. Mr. Davis currently serves as a director for Atlas Air Worldwide Holdings, Inc., Exide Technologies, Inc., Metals USA, Inc., Tipperary Corporation, IPCS, Inc. and Knology Broadband, Inc. Mark R. Holden was named President and Chief Executive Officer of ACL Inc. on January 18, 2005 and has served as a Director of ACL Inc. since January 18, 2005. Prior to joining ACL, Mr. Holden served as Senior Vice President and Chief Financial Officer of Wabash National Corporation. As the Chief Financial Officer, Mr. Holden oversaw a successful turnaround and restructuring of the $1 billion industrial company. From May 1995 until October 2001, Mr. Holden served as Vice President-Chief Financial Officer and Director of Wabash National. Prior to joining Wabash National, Mr. Holden spent 12 years at the international accounting firm Arthur Andersen. Richard L. Huber served as a Director of American Commercial Lines LLC ("ACL LLC") from 2000 until January 2005 and as Interim Chief Executive Officer of ACL LLC from April 2004 until January 2005. Mr. Huber is Managing Director, Chief Executive Officer and Principal of the Latin American direct investment group Norte-Sur Partners, a direct private equity investment firm focused on Latin America. From 1995 - 2000 Mr. Huber held various positions with Aetna, Inc., serving as the Chief Executive Officer until February 2000. In addition, Mr. Huber serves as a director of Danielson Holding Corporation, Opticare Health Systems, Inc., Malta Clayton, SA, an animal feed company in Mexico, and several other non-public companies in Latin America. Nils E. Larsen is a Managing Director of Equity Group Investments, L.L.C., a private investment group. Prior to being named Managing Director in 2001, Mr. Larsen held various positions with Equity Group Investments, working in the transportation, energy, communications and retail industries. Emanuel L. Rouvelas is a founding partner of Preston Gates Ellis & Rouvelas Meeds LLP, the Washington D.C. partner of the law firm Preston, Gates & Ellis LLP. Mr. Rouvelas has established a federal counseling and lobbying practice and has advised many of the world's leading shipping companies. Prior to joining Preston Gates, Mr. Rouvelas was counsel to the U.S. Senate Committee on Commerce and chief counsel to its Merchant Marine and Foreign Commerce Subcommittees. R. Christopher Weber retired as Senior Vice President and Chief Financial Officer of Jacor Communications, Inc., a radio broadcast company, in May 1999. Mr. Weber is also a Certified Public Accountant (retired member). On January 31, 2003, American Commercial Lines LLC and certain subsidiaries filed for Chapter 11 protection with the United States Bankruptcy Court, Southern District of Indiana, New Albany Division. The Plan of Reorganization was approved on December 30, 2004. ACL LLC and the affiliated debtors emerged from bankruptcy on January 11, 2005. Mark R. Holden, President and Chief Executive Officer of ACL Inc., the new parent company, stated "We are delighted to have these distinguished businessmen join our Board of Directors. As the Company begins to focus on its future, our Board of Directors will provide a very valuable source of leadership and vision to the organization. All of us at ACL look forward to working with the Board of Directors in building a bright future for the Company." American Commercial Lines Inc., headquartered in Jeffersonville, Indiana is an integrated marine transportation and service company with revenues of more than $600 million and approximately 2,600 employees. For more information about ACL generally, visit http://www.aclines.com/ DATASOURCE: American Commercial Lines Inc. CONTACT: Ann Y. Adams, Vice President, Corporate Resources of American Commercial Barge Line LLC, +1-812-288-1925 Web site: http://www.aclines.com/

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