(Source: MARKETWIRE)

American Commercial Lines Inc. (NASDAQ: ACLI) ("ACL" or the
"Company") announced today that the U.S. Securities and Exchange
Commission (SEC) has confirmed it will not take action against the
Company and has closed an inquiry related to an e-mail sent by the
Company's former Senior Vice President and Chief Financial Officer on
June 16, 2007 and disclosed by the Company in the filing of a Form 8-K
on June 18, 2007. The executive ceased being an employee of ACL in
March 2008.
The Commission has issued a cease and desist order, consented to by
the former employee, mandating that he not violate Regulation FD in
the future.
Michael P. Ryan, President and Chief Executive Officer of ACL, said,
"We are pleased that the SEC has recognized the Company's emphasis on
corporate compliance and its strong commitment to a level playing
field for all investors. Throughout the inquiry, we cooperated fully
with the SEC, and we are pleased that it has concluded and the
Company can put this issue behind us."
American Commercial Lines Inc., headquartered in Jeffersonville,
Indiana, is an integrated marine transportation and service company
operating in the United States Jones Act trades, with approximately
$1.2 billion in revenues and approximately 3,400 employees as of
December 31, 2008. For more information about American Commercial
Lines Inc. visit www.aclines.com.
Contact:
David T. Parker
Vice President, Investor Relations & Corp. Communications
(800) 842-5491
SOURCE: American Commercial Lines Inc.
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