Some info. from Commsec - the links give a fair view of how...

Some info. from Commsec - the links give a fair view of how large QR is. Interesting enough is that after the court case QR is going to "hang on" to the existing tracks - clever, but of course they'll have to pay the same rates on the future "Northern missing link" - I think they can handle that.




""QR National - Proposed Initial Public Offering"

On 8 December 2009, the Queensland Government announced its intention to offer for sale through a public listing the coal and freight business of QR Limited - to be called QR National.

As a valued client, we are delighted to inform you that Commonwealth Securities (CommSec) has been appointed Co-Lead Manager for the proposed initial public offer (IPO) of QR National.

Subject to the Queensland Government's asset sale process, it is anticipated that QR National will apply for listing on the Australian Securities Exchange (ASX) during the final quarter of 2010. If successfully listed, it is expected to be one of the 50 largest companies on the ASX.

QR National is Australia's largest rail freight haulage business by tonnes hauled, with over 145 years of experience. QR National is focused primarily on large, heavy-haul rail tasks such as the transportation of coal, iron ore and other minerals, agricultural products, general freight and containerised freight. QR National also operates and manages 2,300 kilometres of dedicated and purpose-built, heavy-haul rail infrastructure in the Central Queensland Coal Network (CQCN) and provides a range of specialised rail infrastructure, maintenance and manufacturing services.

The following materials prepared by QR National provide a summary of information relating to QR National (please copy and paste the link into your browser)

QR National Quick Facts Booklet:

qrnational.com.au/MediaCentre/InformationSpeeches/Documents/QRNational_QuickFacts.pdf

Short video 1 - "What is QR National":

qrnational.com.au/MediaCentre/Video/Pages/default.aspx

Short video 2 - "Diversity of the QR National business":

qrnational.com.au/MediaCentre/Video/Pages/default.aspx

CommSec is excited to be part of the syndicate working on the proposed QR National IPO and would encourage you to learn more about QR National.

Please contact our Customer Service Team for further information on 13 15 19 between 8am and 8pm (Sydney time) Monday to Friday.

Kind regards,



Stephen Karpin
Managing Director
CommSec"