JACKSONVILLE, Fla., September 29, 2010 – Today the Board of Directors of CSX Corporation (NYSE: CSX) voted to approve an 8 percent increase in the quarterly dividend on the company’s common stock.

The quarterly dividend, which increases from $0.24 to $0.26 per share, is payable on December 15, 2010 to stockholders of record on November 30, 2010.  This marks CSX’s eighth increase during the past five years.

“As we meet our customers’ growing transportation needs, we are able to provide strong returns to our shareholders,” said Michael J. Ward, chairman, president and chief executive officer.  “Today’s announcement is consistent with our commitment to doing both things well.”

CSX Corporation, based in Jacksonville, Fla., is one of the nation’s leading transportation companies, providing rail, intermodal and rail-to-truck transload services. The company’s transportation network spans approximately 21,000 miles, with service to 23 eastern states and the District of Columbia, and connects to more than 70 ocean, river and lake ports. More information about CSX Corporation and its subsidiaries is available at the company's web site, www.csx.com.

Contact:
David Baggs, Investor Relations
904-359-4812

Lauren Rueger, Corporate Communications
877-835-5279