December 11, 2006

FOR IMMEDIATE RELEASE

NATIONAL MEDIATION BOARD

Contact: NMB Public Information Line -- (202) 692-5050

Re: MEMBERS NAMED TO METRO-NORTH PEB

Washington, D.C. -- President George W. Bush today announced his intention to appoint the following three Members to Presidential Emergency Board No. 240:

Patricia Hanahan Engman, of Florida
Robert E. Peterson, of New York
Peter W. Tredick, of California, and upon appointment, designated Chair

Effective December 7, 2006, President George W. Bush established Emergency Board 240 to investigate a collective bargaining dispute between Metro-North Railroad (Metro-North) and certain of its employees represented by certain labor organizations.

Pursuant to the Railway Labor Act, the Emergency Board will conduct a hearing and make a recommendation for settlement within 30 days of the President's creation of the Board. No work stoppages are permissible for the 120 days following the date of the creation of the Emergency Board.