RAILROAD EQUIPMENT CAR COMPANY 2016 Ad Valorem Tax Digest

Name Mark GA Miles US Miles US FMV GA FMV ADLER FUNDING LLC ADLX 390,152 76,209,964 44,798,041 229,341 ADM TRANSPORTATION COMPANY ADMX 9,666,594 304,845,850 278,521,063 8,831,841 AEP SERVICE CORPORATION AEPX 25,428 306,864,471 68,074,330 5,641 AEP SERVICE CORPORATION (agent for Ohio Valley Electric Corp.) OVEX 0 3,251,521 0 0 AEROPRES CORPORATION AREX 720 478,333 3,090,425 4,652 AG PROCESSING INC a cooperative AGPX 233,972 30,634,658 48,018,645 366,742 AGRIUM U S INC AGHX 0 1,156,415 1,159,602 0 AIR LIQUIDE INDUSTRIAL US LP IAPX 15,270 2,647,603 8,053,586 46,449 AIR PRODUCTS & CHEMICALS, INC APRX 210 638,315 5,521,920 1,817 ALABAMA POWER COMPANY APOX 1,851,167 292,199,575 43,792,854 277,440 ALBEMARLE CORPORATION EBAX 3,966 321,715 1,145,651 14,123 ALBERT BROS., INC ABSX 5,020 65,036 63,390 4,893 ALBERTA GOVERNMENT (ALNX) ALNX 8,332 11,408,737 3,533,952 2,581 ALLIED ENTERPRISES INC AMEX 15,679 1,383,139 2,935,348 33,275 ALTIVIA PETROCHEMICALS, LLC HAVX 3,505 360,968 621,537 6,035 ALTIVIA SPECIALTY CHEMICALS, LLC APDX 0 8,054 398,663 0 AMERICAN CRUDE TRANSPORT LLC TRPX 82 331,554 288,452 71 AMERICAN RAILCAR INDUSTRIES INC AMFX 2,036,520 136,077,895 804,624,048 12,041,875 AMERICAN RAILCAR LEASING LLC ACFX 18,995,831 605,054,247 1,653,342,554 51,907,107 AMERICAS STYRENICS LLC ASOX 226,105 11,166,152 11,569,927 234,281 AMG RESOURCES CORPORATION AMGX 45,358 4,947,824 4,038,302 37,020 ARGOS CEMENT LLC ARUX 751,754 3,114,711 5,083,932 1,227,037 ARIZONA CHEMICAL COMPANY LLC AZXX 1,207,897 4,554,565 10,622,740 2,817,212 ARKEMA INC TELX 88,691 2,278,021 7,097,293 276,321 ARRENDADORA NACIONAL DE CARROS GAMX 321,420 26,767,714 30,369,264 364,667 ATEL EQUIPMENT SERVICES AEQX 506,964 8,416,997 14,516,455 874,340 ATEL LEASING CORPORATION ATGX 503,986 11,550,947 7,350,877 320,730 AUSTIN POWDER COMPANY AUSX 0 9,819 2,702,655 0 AXIALL LLC GCPX 232,312 21,792,766 61,972,539 660,630 BABCOCK & WILCOX POWER GENERATION GROUP INC BAWX 0 15,298 40,100 0 BASF CORPORATION DBCX 1,821,742 24,586,802 107,812,219 7,988,271 BNSF LOGISTICS PEYX 0 0 4,539,351 0 BP CORPORATION NORTH AMERICA INC BPOX 1,449,687 12,201,900 21,375,954 2,539,641 BRASKEM AMERICA INC BRKX 319,039 13,588,146 52,105,425 1,223,394 BRIDGER RAIL SHIPPING LLC BRGX 320 53,375,713 106,407,946 638 BUNGE NORTH AMERICA INC BNGX 5,481,537 75,728,930 158,787,247 11,493,602 C L INDUSTRIES INC (fka Florida Crushed Stone) FCSX 13,946 21,466 49,672 32,271 CABOT CORPORATION COSX 330,684 3,823,884 12,333,210 1,066,558 CAI RAILINC CAIX 290,221 31,263,570 100,631,216 934,164 CARGILL INC. CRGX 4,729,983 195,129,952 212,524,255 5,151,624 CARMATH INC CMHX 823,429 17,733,370 15,713,271 729,628 CCC TRANSPORT COMPANY CCEX 175,284 2,160,878 3,752,431 304,386 CELTRAN INC CELX 318,445 7,172,963 7,333,142 325,556 CEMEX INC CEMX 1,654,721 26,216,343 73,603,797 4,645,718 CENEX HARVEST STATES COOPERATIVE CHSX 250,529 12,532,407 31,589,282 631,485 CHEMICAL MANAGEMENT COMPANY (Formerly Lhoist North) LIMX 125,309 868,395 1,127,357 162,677 CHEVRON ORONITE CO LLC COCX 21,071 4,855,750 11,861,941 51,474 CHEVRON PHILLIPS CHEMICAL CO L P CPCX 1,900,730 54,632,037 307,600,985 10,701,897 CHEVRON USA INC CPDX 502,207 22,549,388 144,247,735 3,212,603 CHICAGO FREIGHT CAR LSG CO CRDX 3,336,061 148,641,596 294,684,414 6,613,796 CIT GROUP/EQUIPMENT FINANCING, INC CEFX 19,201,114 2,060,567,925 4,048,106,649 37,721,716 CITGO PETROLEUM CORPORATION CSOX 15,781 1,136,599 459,548 6,381 CITICORP RAILMARK INC CRIX 53,820 36,078,491 30,298,738 45,198 CITY OF GAINESVILLE / GAINESVILLE REGIONAL UTILITIES GNFX 1,084,073 6,332,536 1,619,396 277,226 CNLX CANADA INC CNLX 5,401 11,083,032 1,741,842 849 COBRA TRADING LLC COBX 13,626 174,947 340,449 26,516 COLUMBIAN CHEMICALS COMPANY CCX 232,100 3,373,406 11,848,899 815,238 COMBINED METAL INDUSTRIES, INC. CMBX 1,373 363,723 456,191 1,722 COMPASS CAPITAL CORPORATION CRWX 433 626,650 1,642,639 1,135 COMPASS MINERALS AMERICA INC (formally North American Salt Company) HCGX 63,737 8,247,777 39,168,313 302,684 CONRAD YELVINGTON DISTRIBUTORS, INC CYXX 4,295,961 14,316,554 5,267,172 1,580,518 CONSOLIDATED GRAIN & BARGE, INC. CGRX 428,152 5,245,773 16,106,660 1,314,601 CONTINENTAL TANK CAR CORP CNTX 1,676 559,273 540,033 1,618 CPLX LEASING LIMITED CPLX 0 27,272 43,004 0 CRISTAL USA INC (fka Millennium Inorganic) MQPX 25,305 912,621 2,700,405 74,876 CRYO-TRANS INC CRYX 1,007,366 56,291,425 160,914,200 2,879,648 CRYSTAL CAR LINE INC CCLX 509,901 20,170,868 28,322,814 715,975 D H GRIFFIN WRECKING COMPANY INC DHGX 9,083 52,519 127,400 22,033

Page 1 of 5 RAILROAD EQUIPMENT CAR COMPANY 2016 Ad Valorem Tax Digest

Name Mark GA Miles US Miles US FMV GA FMV DAK AMERICAS LLC DAKX 998,132 10,141,928 23,277,829 2,290,920 DAKOTA GASIFICATION COMPANY DGCX 0 834,954 3,093,210 0 DELTA TANK LINE CO DTLX 25,097 2,594,318 3,845,179 37,198 DUKE ENERGY CAROLINAS LLC DKPX 439,434 49,074,140 66,275,210 593,461 DUKE ENERGY FLORIDA INC PEFX 6,774,816 19,423,549 14,415,819 5,028,150 DUKE ENERGY PROGRESS INC PGNX 237 46,159,218 39,370,083 202 E D & F MAN LIQUIDS PRODUCTS, LLC EDFX 97,208 668,344 6,151,250 894,675 E I DUPONT DE NEMOURS CO DUPX 186,421 11,575,736 6,960,388 112,093 EASTMAN CHEMICAL COMPANY ETCX 485,105 25,207,770 69,981,419 1,346,741 EASTMAN CHEMICAL TEXAS CITY INC STEX 526 209,589 178,887 449 ECDC ENVIRONMENTAL, L.C. (formerly East Carbon Dev) ECXX 618 5,324,353 13,881,381 1,611 ELEMENTIS CHROMIUM LP ACRX 140,921 786,473 1,601,014 286,871 ELI LILLY AND COMPANY ELCX 460 277,626 305,974 507 ENTERPRISE PRODUCTS OPERATING LP EPCX 29,516 2,847,178 1,565,132 16,225 ENVIROSOLUTIONS INC ESIX 0 5,760,277 7,727,577 0 EPIC EPIX 398,212 6,143,398 6,508,970 421,908 EQUISTAR CHEMICALS LP EQUX 1,394,828 78,843,990 244,986,312 4,334,050 ERCO WORLDWIDE (USA) INC ECLX 4,628 1,576,495 13,291,949 39,020 ESSEX HYBRID SEED CO LTD EHSX 93,358 1,688,122 792,872 43,848 EVEREST RAILCAR SERVICES INC EAMX 28,225 8,405,624 11,666,120 39,173 EVONIK CORPORATION DSLX 17,668 138,417 125,387 16,005 EXCEL RAILCAR CORP ERCX 53,367 2,014,776 4,893,788 129,626 EXXON-MOBIL CORPORATION ECUX 2,350,836 124,512,556 398,464,633 7,523,137 FACTOR GAS LIQUIDS, INC FGLX 459 935,966 4,861,769 2,384 FAIRMONT SANTROL INC FTIX 7,650 28,096,386 209,837,572 57,134 FEED PRODUCTS SOUTH INC FPSX 0 322,714 233,590 0 FELD ENTERTAINMENT INC. /RINGLING BROS RBBX 78,144 2,048,147 19,383,062 739,532 FERROUS PROCESSING & TRADING COMPANY FPTX 213,268 3,187,011 7,368,819 493,106 FIRST ENERGY GENERATION CORPORATION LLC FEPX 1,707 13,064,695 59,631,616 7,791 FMC CORPORATION FMLX 242,298 52,230,648 43,635,429 202,425 FORMOSA TRANSRAIL CORP FPAX 1,690,211 59,339,349 221,116,236 6,298,234 FREEMAN GAS & ELECTRIC CO INC BOBX 0 751 43,154 0 G3 CANADA LIMITED EFCX 5,399 11,813,834 3,388,045 1,548 GATX CORPORATION (CGTX/CGLX) CGTX 580,971 83,117,117 111,529,842 779,570 GATX CORPORATION (CIRR) CIRR 2,728,469 5,687,415 8,545,978 4,099,830 GATX DE MEXICO (ENDX) ENDX 3,244 3,670,499 737,161 652 GATX RAIL CANADA COPORATION (GATX) CGTX 35,678,619 1,319,252,182 2,214,065,515 59,878,468 GATX RAIL HOLDINGS INC (ALLX) ALLX 0 1,474,364 3,777,515 0 GATX CORPORATION (GATX) GATX 35,678,619 1,319,252,182 2,214,065,515 59,878,468 GATX RAIL HOLDINGS, INC (ALHX car marks only) ALHX 781,064 11,885,678 20,562,898 1,351,285 GAVILON GLOBAL AG HOLDINGS, LLC CAGX 105,166 7,152,828 7,490,878 110,136 GB TEXAS HOLDINGS LLC GBTX 0 307,371 514,150 0 GEORGIA POWER COMPANY GALX 47,201,379 396,304,046 209,901,193 25,000,062 GERDAU AMERISTEEL US INC GAXX 122,916 234,495 265,200 139,011 GLNX CORPORATION GLNX 365,912 23,961,294 28,737,175 438,844 GOLDEN PEANUT COMPANY LLC GKLX 4,947 15,434 31,200 10,000 GREENBRIER MANAGEMENT SERV (GBRX/OTDX) GBRX 2,861,561 381,447,638 1,430,049,781 10,728,012 GREENBRIER MANAGEMENT SERVICES, LLC (MAGX) MAGX 2,037 0 GREENBRIER MANAGEMENT SERVICES, LLC (OMNX/CRBX, SIMX) OMNX 382,276 9,977,549 54,979,838 2,106,476 GREENBRIER MANAGEMENT SERVICES, LLC for Tyson Foods, Inc. - PBFX PBFX 1,423 7,562,378 5,845,930 1,100 GULF POWER COMPANY GLFX 62,092 14,067,034 16,901,486 74,603 HALLIBURTON ENERGY SERVICES INC HWCX 2,014 68,540,183 330,151,412 9,701 HARCROS CHEMICALS INC HCIX 46 16,300 187,110 528 HARSCO RAIL FTSX 3,614 578,611 35,178,336 219,724 HEADWATERS RESOURCES INC JTMX 4,632 229,295 307,359 6,209 HELM CHESAPEAKE LIMITED PARTHERSHIPP HCSX 724,585 18,746,367 20,274,470 783,649 HELM-PACIFIC LEASING HPJX 367,650 54,022,263 60,493,930 411,693 HERITAGE ENVIRONMENTAL SERVICES, LLC HESX 1,520 1,441,478 7,006,195 7,388 HERITAGE RAIL LEASING IPFX 31,137 65,299 2,007,524 957,262 HERZOG RAILROAD SERVICES INC HZGX 2,800,473 42,883,412 31,701,624 2,070,254 HESS TANK CARS, LLC TRFX 210 80,578,116 69,726,593 182 HEXION INC (fka Momentive Specialty Chemicals Inc) RSLX 2,091 307,516 463,682 3,153 HOLCIM US INC APAX 643,301 22,177,140 85,359,140 2,476,046 HONEYWELL INTERNATIONAL ACTX 3,369 542,140 5,230,987 32,507 HUNTSMAN ETHYLENEAMINE LLC HEAX 173 48,218 85,598 307 HUNTSMAN PETROCHEMICAL LLC HMAX 14,566 570,021 761,149 19,450 ICL PERFORMANCE PRODUCTS LP ICPX 1,462 958,151 1,201,447 1,833 IMERYS OILFIELD SOLUTIONS IOMX 42,707 233,187 3,017,395 552,620

Page 2 of 5 RAILROAD EQUIPMENT CAR COMPANY 2016 Ad Valorem Tax Digest

Name Mark GA Miles US Miles US FMV GA FMV INDIANTOWN COGENERATION, L.P. ICXX 732,949 6,382,702 13,059,374 1,499,656 INEOS ABS (USA) LLC LUPX 6,784 1,354,535 1,809,062 9,060 INEOS STYROLUTION AMERICA, LLC formerly Styrolution America) INEX 46,533 4,987,125 9,406,230 87,766 INEOS USA, LLC (Formerly INEOS Olefins & Polymers) AMCX 561,793 34,581,042 87,015,590 1,413,629 INFINEUM USA, LLC INFX 49,076 2,375,464 3,411,689 70,484 INFINITY RAIL, LLC IFRX 1,044,046 17,861,690 19,031,004 1,112,394 INFINITY TRANSPORTATION LLC ITFX 986,010 15,354,770 33,764,934 2,168,223 INNOPHOS INC. IPBX 147,322 4,792,906 4,839,136 148,743 INSPIRATION HOLDINGS BTRX 24,798 1,179,960 5,208,444 109,460 INTERCOASTAL CAPITAL CORPORATION KMKX 5,424 335,929 249,185 4,023 INTERNATIONAL PAPER IPCX 575,029 3,484,813 4,149,015 684,629 INTERSTATE COMMODITIES INC INTX 1,701,821 45,843,483 47,797,297 1,774,351 J M HUBER CORPORATION JMHX 3,213 185,104 310,074 5,382 J R SIMPLOT COMPANY JRSX 106,986 12,485,495 14,288,060 122,432 J&J RAILCAR LEASING LLC KFTX 78,911 3,019,177 13,819,179 361,186 JAIX LEASING COMPANY JAIX 3,477,240 15,534,881 58,475,270 13,088,774 KAMIN LLC KMNX 874,579 3,028,989 2,387,980 689,496 KAPSTONE CHARLESTON KRAFT LLC KSCX 31,052 3,868,945 3,508,240 28,157 KDL TRANSPORTATION LLC SASX 0 265,129 853,699 0 KEMIRA LOGISTICS INC EAGX 44,881 2,405,621 7,672,242 143,139 KEYWELL METALS LLC (fka Keywell LLC) KEYX 14,871 451,043 868,297 28,628 KOCH RAIL LLC KASX 5,301,260 68,846,724 205,887,402 15,853,516 KURARAY AMERICA INC KURX 62,789 719,360 2,192,696 191,388 L B FOSTER COMPANY LBFX 0 593,000 883,349 0 LAFARGE NORTH AMERICA LAFX 315,184 13,376,497 42,098,971 991,958 LANSING TRADE GROUP LLC LANX 92,926 1,082,800 426,720 36,621 LAST MOUNTAIN RAILWAY (formerly Saskatchewan Grain Car Co) SKNX 0 247,822 4,513,748 0 LION OIL TRADING & TRANSPORTATION DKLX 122 1,297,291 24,988,903 2,350 LONE STAR INDUSTRIES INC LCEX 32,567 11,471,108 19,214,306 54,550 MARKWEST HYDROCARBON MWHX 4,231 928,498 1,131,620 5,157 MARTIN MARIETTA MMAX 2,949,582 4,850,931 2,896,569 1,761,243 MARTIN SULPHUR (A Division of Martin Operatng Partnership, L.P.) MGSX 17,603 491,049 513,425 18,405 METALICO TRANSPORT MEAX 1,542 1,585,847 1,582,174 1,538 MGNX LEASING, LLC MGNX 1,000 310,927 3,015,066 9,697 MHF SERVICES MHFX 1,878 1,552,893 1,310,874 1,585 M-I LLC MISX 48 116,765 560,489 230 MIDWEST ETHANOL TRANSPORT MWTX 728,748 6,574,302 9,486,718 1,051,583 MIDWEST RAILCAR CORPORPORATION MWCX 5,239,791 168,152,797 352,026,576 10,969,462 MISSISSIPPI POWER COMPANY DEGX 181,071 22,124,124 6,005,260 49,149 MITSUI RAIL CAPITAL LLC MBKX 191,920 118,663,913 165,243,568 267,255 MOBIL GRAIN LTD MGLX 0 70,383 562,307 0 MODERN DISPERSIONS INC MDIX 86,655 486,900 914,245 162,711 MONSANTO COMPANY (MLSX) MLSX 9,337 150,237 1,128,000 70,103 MRXX CORPORATION RRRX 223,962 4,502,074 3,144,458 156,425 MWN MARKETING LLC MWNX 21,938 1,757,039 2,737,388 34,178 NACHURS ALPINE SOLUTIONS, INC. NAXX 24 90,345 3,318,998 882 NASHTEX LEASING INC NTLX 36,451 2,113,538 1,437,544 24,793 NATIONAL SALVAGE & SERVICE CORP NSSX 239,937 2,251,301 2,479,214 264,227 NEW HAVEN-NATIONAL RAIL TERMINAL & TRANSPORTATION CO., LLC NHRX 762 609,778 192,864 241 NEW PROVINCE RAIL PARTNERS, LLC NPLX 517,583 4,435,998 10,766,250 1,256,184 NEWELL TRANSPORTATION LLC NELX 781,020 2,318,508 4,776,534 1,609,039 NGL CRUDE TRANSPORTATION HSRX 182 16,639,466 54,324,270 594 NORTHERN INDIANA PUBLIC SERVICE CO NORX 0 0 22,290,893 0 NOVA CHEMICALS INC NCIX 500,847 36,601,695 126,182,219 1,726,641 NTL TRANSPORTATION NTRX 19,521 1,008,485 1,766,168 34,187 OCCIDENTAL CHEMICAL CORP HOKX 1,933,945 73,972,900 214,445,191 5,606,448 OIL-DRI CORPORATION OF AMERICA ODTX 20,851 192,819 166,460 18,001 OLIN CHLOR-ALKALI LOGISTICS OLNX 1,181,753 17,325,672 110,374,220 7,528,427 ORION ENGINEERED CARBONS ECQX 246,539 4,929,625 5,948,187 297,479 ORLANDO UTILITIES COMMISSION OUCX 7,093,587 19,317,456 4,289,989 1,575,332 OXBOW CALCINING INTERNATIONAL LLC GLCX 150,971 3,399,894 1,895,700 84,178 OXEA CORPORATION OXAX 53,002 1,323,053 1,350,802 54,114 PBF HOLDING COMPANY LLC DPRX 16,684 37,024,778 477,238,238 215,052 PCS PHOSPHATE COMPANY TGAX 2,851,530 21,073,402 20,068,980 2,715,617 PCS SALES (USA) INC POTX 703,158 18,999,754 148,882,926 5,509,978 PENFORD PRODUCTS COMPANY PENX 58,653 1,404,093 2,529,157 105,650 PENNAKENN LLC QOTX 1,610 152,505 151,543 1,600 PEORIA RIVER TERMINAL LLC PRTX 246 853,540 6,008,100 1,732

Page 3 of 5 RAILROAD EQUIPMENT CAR COMPANY 2016 Ad Valorem Tax Digest

Name Mark GA Miles US Miles US FMV GA FMV PEROXYCHEM LLC PXCX 93,702 2,047,994 6,420,520 293,758 PHILLIPS 66 COMPANY PPRX 128,751 201,873,820 384,681,389 245,342 PINNACLE POLYMERS PINX 417,262 6,796,257 53,337,282 3,274,688 PLAINS MARKETING INC. MVTX 16,493 31,394,565 131,570,483 69,120 POLYONE CORPORATION TGCX 14,546 1,677,668 2,663,213 23,091 PPG INDUSTRIES INC PPGX 202,454 2,426,306 5,677,186 473,711 PRAXAIR INC UCOX 38,778 2,228,533 8,790,895 152,968 PROCOR LIMITED c/o Union Tank Car Co. PROX 3,390,908 566,355,910 1,441,968,539 8,633,410 PROGRESS RAIL SERVICES CORPORATION SRLX 5,742,409 112,224,149 166,098,632 8,499,118 PROLERIZED NEW ENGLAND CO LLC ORTX 197,221 1,220,744 773,708 124,999 PROTRADE TRANSPORTATION SERVICE LTD DREX 161,104 2,126,403 2,420,525 183,388 PSC METALS INC SFRX 14,187 702,057 452,168 9,137 PUBLIC SERVICE CO OF OKLAHOMA OPSX 0 8,662,502 0 0 RAIL CONNECTION, INC APPX 448,253 12,838,946 17,988,772 628,052 RAILCAR LEASING SPECIALIST INC AMIX 17,703 136,452 683,485 88,674 RALCO LLC BISX 41,022 916,842 3,783,135 169,268 RAVAGO AMERICAS LLC RDIX 15,417 1,181,371 1,633,877 21,322 REAGENT CHEMICAL & RESEARCH INC RCRX 291,260 17,484,408 81,582,854 1,359,029 REDSTREAK LLC QUAX 1,746 435,920 1,035,131 4,146 REGIONS EQUIPMENT FINANCE CORPORATION SKSX 91,235 2,292,901 11,415,392 454,221 REICHHOLD LLC2 RCHX 17,660 391,238 2,116,350 95,529 RELIANT TRANSPORTATION LTD FCOX 724 442,288 2,753,380 4,507 RESIDUAL BASED FINANCE CORPORATION OFOX 478,791 29,850,463 30,236,686 484,986 RGCX LTD fka RIO GRANDE CHEMICAL LTD RGCX 1,636,739 30,197,472 55,227,050 2,993,372 ROANOKE CEMENT COMPANY LLC RCCX 742 961,527 4,649,400 3,588 ROLLNG STEEL LLC RKOX 27,348 709,432 773,500 29,818 S M BROOKS FREIGHT TJRX 25,600 1,668,007 1,000,512 15,356 SAUVAGE GAS COMPANY SAUX 2,572 307,130 153,099 1,282 SCHLUMBERGER TECHNOLOGY CORPORATION DSIX 23,233 37,841,683 133,245,050 81,806 SCHNITZER STEEL SOUTHEAST LLC ABYX 183,757 508,016 1,189,024 430,088 SEARLES VALLEY MINERALS AJPX 40,945 27,821,808 33,067,382 48,665 SEMINOLE ELECTRIC COOPERATIVE INC SEMX 4,830,335 19,363,544 9,443,114 2,355,633 SEPARATION TECHNOLOGIES LLC STFX 31,285 595,457 2,120,041 111,386 SGA LEASING COMPANY SGAX 10,536 1,981,601 624,528 3,321 SHELL RAIL OPERATIONS COMPANY SCMX 160,022 29,012,964 79,662,461 439,381 SHERWIN ALUMINA COMPANY LP SHAX 5,590 939,896 1,242,168 7,388 SHINTECH INC ROIX 266,119 18,588,319 33,644,127 481,665 SI GROUP SVCX 5,250 40,549 819,000 106,038 SID RICHARDSON CARBON CO SRCX 367,327 9,898,769 20,286,955 752,815 SIEMENS ENERGY INC KWUX 1,701 59,345 6,062,584 173,771 SIEMENS INDUSRTY INC. SIIX 760 0 SIOXSLAND ETHANOL LLC SIOX 26,332 4,135,766 21,929,312 139,622 SMBC RAIL SERVICES LLC AIGX 1,894,828 131,491,589 519,810,911 7,490,610 SMITH RAILROAD CO., INC SRXX 36,826 1,760,549 1,353,461 28,311 SOLENIS, LLC HPCX 2,925 21,828 7,961 1,067 SOLVAY CHEMICALS INC SMNX 806,257 79,146,034 85,138,081 867,298 SOLVAY USA INC RPNX 13,372 81,333 567,000 93,221 SOUTH CAROLINA PUBLIC SERVICE AUTHOURITY SCWX 3,030,900 95,202,693 84,821,843 2,700,412 SOUTH DAKOTA SOYBEAN PROCESSORS LLC SDPX 43,181 10,722,136 5,396,072 21,731 SOUTH MISSISIPPI ELECTRIC POWER ASSOCIATION SMEX 26,376 858,703 9,023,379 277,163 SOUTHERN PARTS & EQUIPMENT INC SPEX 2,522 17,497 125,828 18,137 SOUTHERN RAIL ASSOCIATES SRAX 174,695 2,483,098 2,020,241 142,131 SOUTHWEST RAIL INDUSTRIES INC SRIX 165,325 26,555,297 77,860,063 484,732 SOUTHWESTERN ELECTRIC POWER CO SEPX 0 22,049,717 0 0 SPX TRANSFORMER SOLUTIONS INC GZSX 48 10,448 1,842,660 8,466 ST MARYS CEMENT INC (US) SMMX 0 240,043 816,334 0 STANDRIDGE COLOR CORP SCBX 128,406 523,715 1,147,978 281,465 GREENBRIER MANAGEMENT SERVICES, LLC for Stella-Jones Inc. (SJTX) SJTX 48 220,467 437,306 95 STRATES SHOWS INC JESX 15,912 152,901 123,293 12,831 STRUCTURAL METALS INC DBA CMC STEEL TX SMIX 393,086 5,567,473 3,387,268 239,155 SULCOM INC ITDX 1,415,408 15,927,769 33,113,265 2,942,583 SUNOCO INC SUNX 25,277 1,206,140 11,580,009 242,682 TAMINCO US INC TAMX 17,616 639,522 1,493,117 41,129 TATE & LYLE INGREDIENTS AMERICAS INC SSPX 2,947,507 70,973,674 115,408,870 4,792,882 TERRA NITROGEN LIMITED PARTNERSHIP AGMX 15 30,278 193,000 96 THE ALBERTA GOVERNMENT -ALPX ALPX 3,254 1,070,768 4,315,838 13,116 THE ANDERSONS INC AEX 8,831,678 229,846,437 257,939,662 9,911,139 THE ANDREWS COMPANIES, LLC TACX 6,674 1,258,887 6,196,161 32,849

Page 4 of 5 RAILROAD EQUIPMENT CAR COMPANY 2016 Ad Valorem Tax Digest

Name Mark GA Miles US Miles US FMV GA FMV THE BOEING COMPANY TBCX 8,853 1,225,997 4,190,720 30,261 THE CHEMOURS COMPANY FC LLC CMRX 3,817 190,173 16,495,898 331,092 THE DAVID J. JOSEPH CO DJJX 3,878,112 73,993,207 104,297,937 5,466,435 THE DETROIT SALT COMPANY, LLC DSSX 2,302 1,904,778 487,526 589 THE DOW CHEMICAL COMPANY DOWX 2,797,435 147,629,503 406,044,687 7,694,151 THE MOSAIC COMPANY (formerly Mosaic Crop Nutrition) IMCX 1,644,956 44,464,849 71,668,412 2,651,339 THE PROCTER & GAMBLE MANUFACTURING COMPANY PGHX 183,361 9,921,007 12,659,394 233,972 THE SASKATCHEWAN GRAIN CAR CORP /SKPX SKPX 18,952 2,587,462 1,957,878 14,341 TITAN FLORIDA LLC TITX 45,644 1,288,396 5,250,050 185,994 TMS INTERNATIONAL, LLC fka Tube City IMS LLC TCTX 1,470 946,940 350,070 543 TOTAL PETROCHEMICALS & REFINING USA INC FINX 421,785 12,817,798 14,192,150 467,010 TRANSCOR RECYCLING LLC KIMX 40,849 172,796 420,687 99,450 TRANSPORTATION EQUIPMENT LLC TEIX 559,067 29,481,887 52,626,080 997,952 TRANSRAIL INC TASX 118,594 1,466,566 2,359,423 190,795 TRINITY CHEMICAL LEASING LLC TCIX 1,204,338 36,773,629 147,564,806 4,832,754 TRINITY INDUSTRIES LEASING CO TILX 38,815,731 1,681,971,071 5,290,670,711 122,095,591 TRINITY RAIL MANAGEMENT INC ALMX 4,550,638 43,128,853 5,033,831 531,133 TRINSEO LLC STYX 24,779 4,669,396 14,223,787 75,481 TTX COMPANY TTX 212,008,777 8,407,767,287 4,400,000,000 110,949,624 U S BORAX INC BORX 3,045 1,340,920 78,701 179 UNIMIN CORPORATION WWUX 453,679 39,729,575 226,401,641 2,585,320 UNION TANK CAR COMPANY UTLX 37,810,385 1,716,147,178 2,986,339,171 65,795,425 UNITED STATES STEEL CORPORATION NSAX 2,268 1,472,486 468,333 721 UNIVAR CANADA LTD UNVX 18,894 1,149,439 6,901,137 113,438 USA WASTE SERVICES INC USWX 4,683,287 0 USA WASTE SERVICE USWX 0 16,367,773 4,683,287 0 VALERO TERMINALING & DISTRIBUTION COMPANY VMSX 661,337 160,332,142 706,975,842 2,916,129 VIRGINIA ELECTRIC & POWER COMPANY VAPX 0 8,884,356 4,403,849 0 VOESTALPINE NORTRAK INC NTKX 19,742 47,608 288,470 119,622 VTG RAIL INC (fka SC Rail Leasing) VTGX 1,055,345 52,882,972 63,754,737 1,272,304 VULCAN MATERIALS CO (VULX) VULX 1,377,934 26,638,178 38,277,122 1,979,991 WACKER CHEMICAL CORPORATION WPHX 28,376 601,276 10,423,391 491,911 WALTER HAFFNER COMPANY WCHX 452,372 11,516,774 21,904,598 860,400 WELLS FARGO RAIL CORPORATION (Formerly First Union Rail Corporation) FURX 30,256,664 1,943,798,315 3,313,340,866 51,574,611 WESTERN RAILROAD EQUIPMENT COMPANY WREX 17,038 3,117,727 2,743,575 14,993 WESTLAKE POLYMERS L P WLPX 754,048 24,095,054 87,573,822 2,740,598 WESTROCK CORPORATION (Formerly Meadwestvaco) WVCX 22,410 798,779 1,475,890 41,407 WINTER BIRD CORPORATION SYSX 446 178,094 17,100 43 WT&L CORP WTLX 24 126,653 532,640 101 Totals 655,693,526 26,529,548,879 42,055,525,522 922,626,057

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