Investor Presentaiton

Coal 6056 6056 BWS INSE 3000 BNSF YTD Volume Highlights (through March 31, 2017) Coal volumes increased due to mild winter weather in the first quarter of 2016 and higher natural gas prices in the first quarter of 2017, which led to increased utility coal usage, partially offset by the effects of retirements of coal generating facilities. 10

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