The Virginian-Pilot
                             THE VIRGINIAN-PILOT 
              Copyright (c) 1994, Landmark Communications, Inc.

DATE: Wednesday, November 30, 1994           TAG: 9411300427
SECTION: BUSINESS                 PAGE: D2   EDITION: FINAL 
SOURCE: From staff reports 
                                             LENGTH: Short :   20 lines

CSX TO REDEEM 9 1/2 PERCENT SINKING FUND DEBENTURES

CSX Corp. announced plans for the redemption of all of its outstanding 9 1/2 percent Sinking Fund Debentures, due July 1, 2016. CSX will redeem all of the debentures outstanding. The redemption is scheduled to take place Dec. 30, 1994, and will be at the redemption price of 104.500 percent of the principal amount. The Richmond-based corporation is an international transportation company offering a variety of rail, container-shipping, intermodal, trucking, barge and contract logistics services. by CNB