Press Release

The Bank of New York Selected by CSX Corporation to Provide Stock Transfer Services

NEW YORK, September 22, 2005 -- The Bank of New York, a global leader in securities servicing, has been appointed by CSX Corporation to provide stock transfer services.

Gary Nazare, managing director and Head of The Bank of New York's Stock Transfer Division, said, "The Bank of New York provides reliable and responsive shareholder services to many of the world's leading companies. This appointment, which builds on our long-standing relationship with CSX, will enable their shareholders to benefit from our focus on delivering a high quality service experience through the smart use of technology and professional expertise."

CSX Corporation, through its subsidiaries, operates the largest railroad network in the eastern United States and provides intermodal transportation services across the U.S. and into key markets in Canada and Mexico.

The Bank of New York is among the world's leading transfer agents, providing shareholder services to more than 1,900 U.S. and non-U.S. corporations worldwide. The Bank provides recordkeeping, dividend paying and reinvestment, proxy tabulation, employee investment plan, and corporate reorganization services for corporate issuers of equity securities.

The Bank of New York Company, Inc. (NYSE: BK) is a global leader in providing a comprehensive array of services that enable institutions and individuals to move and manage their financial assets in more than 100 markets worldwide. The Company has a long tradition of collaborating with clients to deliver innovative solutions through its core competencies: securities servicing, treasury management, investment management, and individual & regional banking services. The Company's extensive global client base includes a broad range of leading financial institutions, corporations, government entities, endowments and foundations. Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has consistently played a prominent role in the evolution of financial markets worldwide. Additional information is available at www.bankofny.com.

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