-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RiSqRqd6tbrxRw0Qn4vCzbh2+ST1mLY7lW/edOFfEUiIRa9AcJM1MXvBOqZHWW1c Tf4zbNPfoqb4H1g46EeOMQ== 0000919574-01-500206.txt : 20010504 0000919574-01-500206.hdr.sgml : 20010504 ACCESSION NUMBER: 0000919574-01-500206 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010503 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RAILAMERICA INC /DE CENTRAL INDEX KEY: 0000887637 STANDARD INDUSTRIAL CLASSIFICATION: RAILROADS, LINE-HAUL OPERATING [4011] IRS NUMBER: 650328006 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-46135 FILM NUMBER: 1621584 BUSINESS ADDRESS: STREET 1: 5300 BROKEN SOUND BLVD NW CITY: BOCA RATON STATE: FL ZIP: 33487 BUSINESS PHONE: 5619946015 MAIL ADDRESS: STREET 1: 5300 BROKEN SOUND BLVD NW CITY: BOCA RATON STATE: FL ZIP: 33487 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EHRMAN WILLIAM CENTRAL INDEX KEY: 0000872611 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 350 PARK AVE STREET 2: 11TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 MAIL ADDRESS: STREET 1: 350 PARK AVE STREET 2: 11TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G 1 tg00126018aa1.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ SCHEDULE 13G ________________ INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 RAILAMERICA, INC. (NAME OF ISSUER) Common Stock, par value $.001 (TITLE OF CLASS OF SECURITIES) 750753105 (CUSIP NUMBER) (Conversion from Schedule 13D to Schedule 13G) (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: / / Rule 13d-1(b) /x/ Rule 13d-1(c) / / Rule 13d-1(d) Check the following box if a fee is being paid with this statement [ ]. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 2 CUSIP No. 750753105 - ---------------------------------------------------------------- (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON EGS MANAGEMENT, L.L.C. - ---------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [x] - ---------------------------------------------------------------- (3) SEC USE ONLY - ---------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ---------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH POWER REPORTING PERSON WITH (5) SOLE VOTING POWER -0- - ---------------------------------------------------------------- (6) SHARED VOTING POWER 3,420,239 - ---------------------------------------------------------------- (7) SOLE DISPOSITIVE POWER -0- - ---------------------------------------------------------------- 3 (8) SHARED DISPOSITIVE POWER 3,420,239 - ---------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,420,239 - ----------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 18.32% - ------------------------------------------------------------- (12) TYPE OF REPORTING PERSON IA - ------------------------------------------------------------- 4 CUSIP No. 750753105 - ------------------------------------------------------------- (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON EGS ASSOCIATES, L.P. - ------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [x] - ------------------------------------------------------------- (3) SEC USE ONLY - ------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH POWER REPORTING PERSON WITH (5) SOLE VOTING POWER -0- - ------------------------------------------------------------- (6) SHARED VOTING POWER 1,857,264 - ------------------------------------------------------------- (7) SOLE DISPOSITIVE POWER -0- - ------------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 1,857,264 5 - ------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,857,264 - ------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.95% - ------------------------------------------------------------- 12) TYPE OF REPORTING PERSON PN - ------------------------------------------------------------- 6 CUSIP No. 750753105 - ------------------------------------------------------------- (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON EGS PARTNERS, L.L.C. - ------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [x] - ------------------------------------------------------------- (3) SEC USE ONLY - ------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH POWER REPORTING PERSON WITH (5) SOLE VOTING POWER -0- - ------------------------------------------------------------- (6) SHARED VOTING POWER -0- - ------------------------------------------------------------- (7) SOLE DISPOSITIVE POWER -0- - ------------------------------------------------------------- (8) SHARED DISPOSITIVE POWER -0- 7 - ------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - ------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.0% - ------------------------------------------------------------- 12) TYPE OF REPORTING PERSON IA - ------------------------------------------------------------- 8 CUSIP No. 750753105 - ------------------------------------------------------------- (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON BEV PARTNERS, L.P. - ------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [x] - ------------------------------------------------------------- (3) SEC USE ONLY - ------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH POWER REPORTING PERSON WITH (5) SOLE VOTING POWER -0- - ------------------------------------------------------------- (6) SHARED VOTING POWER 1,500,780 - ------------------------------------------------------------- (7) SOLE DISPOSITIVE POWER -0- - ------------------------------------------------------------- 9 (8) SHARED DISPOSITIVE POWER 1,500,780 - ------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,500,780 - ------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.04% - ------------------------------------------------------------- 12) TYPE OF REPORTING PERSON PN - ------------------------------------------------------------- 10 CUSIP No. 750753105 - ------------------------------------------------------------- (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON JONAS PARTNERS, L.P. - ------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [x] - ------------------------------------------------------------- (3) SEC USE ONLY - ------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------- (5) SOLE VOTING POWER -0- - ------------------------------------------------------------- (6) SHARED VOTING POWER 62,195 - ------------------------------------------------------------- (7) SOLE DISPOSITIVE POWER -0- - ------------------------------------------------------------- 11 (8) SHARED DISPOSITIVE POWER 62,195 - ------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 62,195 - ------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.33% - ------------------------------------------------------------- (12) TYPE OF REPORTING PERSON PN - ------------------------------------------------------------- 12 CUSIP No. 750753105 - ------------------------------------------------------------- (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON WILLIAM EHRMAN - ------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [x] - ------------------------------------------------------------- (3) SEC USE ONLY - ------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH POWER REPORTING PERSON WITH (5) SOLE VOTING POWER -0- - ------------------------------------------------------------- (6) SHARED VOTING POWER 3,420,239 - ------------------------------------------------------------- (7) SOLE DISPOSITIVE POWER -0- - ------------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 3,420,239 - ------------------------------------------------------------- 13 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,420,239 - ------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 18.32% - ------------------------------------------------------------- 12) TYPE OF REPORTING PERSON IN - ------------------------------------------------------------- 14 CUSIP No. 750753105 - ------------------------------------------------------------- (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON FREDERIC GREENBERG - ------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [x] - ------------------------------------------------------------- (3) SEC USE ONLY - ------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH POWER REPORTING PERSON WITH (5) SOLE VOTING POWER -100- - ------------------------------------------------------------- (6) SHARED VOTING POWER 3,420,239 - ------------------------------------------------------------- (7) SOLE DISPOSITIVE POWER -100- - ------------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 3,420,239 - ------------------------------------------------------------- 15 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,420,339 - ------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 18.32% - ------------------------------------------------------------- 12) TYPE OF REPORTING PERSON IN - ------------------------------------------------------------- 16 CUSIP No. 750753105 - ------------------------------------------------------------- (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON JONAS GERSTL - ------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [x] - ------------------------------------------------------------- (3) SEC USE ONLY - ------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH POWER REPORTING PERSON WITH (5) SOLE VOTING POWER -0- - ------------------------------------------------------------- (6) SHARED VOTING POWER 3,420,239 - ------------------------------------------------------------- (7) SOLE DISPOSITIVE POWER -0- (8) SHARED DISPOSITIVE POWER 3,420,239 - ------------------------------------------------------------- 17 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,420,239 - ------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 18.32% - ------------------------------------------------------------- 12) TYPE OF REPORTING PERSON IN - ------------------------------------------------------------- 18 CUSIP No. 750753105 - ------------------------------------------------------------- (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON JULIA OLIVER - ------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [x] - ------------------------------------------------------------- (3) SEC USE ONLY - ------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH POWER REPORTING PERSON WITH (5) SOLE VOTING POWER -0- - ------------------------------------------------------------- (6) SHARED VOTING POWER 3,420,239 - ------------------------------------------------------------- (7) SOLE DISPOSITIVE POWER -0- - ------------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 3,420,239 - ------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,420,239 19 - ------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 18.32% - ------------------------------------------------------------- 12) TYPE OF REPORTING PERSON IN - ------------------------------------------------------------- 20 ITEM 1(a). NAME OF ISSUER: RailAmerica, Inc. ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 5300 Broken Sound Blvd., N.W. Boca Raton, Florida 33431 ITEM 2(a). NAME OF PERSON FILING: This statement is filed by: (i) EGS Management, L.L.C., a Delaware limited liability company ("EGS Management"), with respect to Shares of Common Stock beneficially owned by EGS Associates, BEV Partners and Jonas Partners; (ii) EGS Associates, L.P. a Delaware limited partnership ("EGS Associates"), with respect to shares of Common Stock beneficially owned by it; (iii) EGS Partners, L.L.C., a Delaware limited liability company ("EGS Partners"), with respect to shares of Common Stock held in discretionary accounts managed by EGS Partners; (iv) BEV Partners, L.P., a Delaware limited partnership ("BEV Partners"), with respect to shares of Common Stock beneficially owned by it; (v) Jonas Partners, L.P., a New York limited partnership ("Jonas Partners"), with respect to shares of Common Stock beneficially owned by it; (vi) William Ehrman, with respect to shares of Common Stock beneficially owned by EGS Management and EGS Partners; (vii) Frederic Greenberg, with respect to shares of Common Stock beneficially owned by EGS Management, EGS Partners and himself; (viii) Jonas Gerstl, with respect to shares of Common Stock beneficially owned by EGS Management and EGS Partners; and (ix) Julia Oliver, with respect to shares of Common Stock beneficially owned by EGS Management and EGS Partners. 21 The foregoing persons hereinafter sometimes are referred to collectively as the "Reporting Persons." Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. The members of EGS Management and EGS Partners are William Ehrman, Frederic Greenberg, Jonas Gerstl and Julia Oliver (collectively, the "Members"). Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address of the principal place of business and principal office of EGS Management, EGS Partners, EGS Associates, BEV Partners, Jonas Partners and each of the Members, is 350 Park Avenue, 11th Floor, New York, New York 10022 Item 2(c). CITIZENSHIP: Each of the individuals referred to in paragraph 2(a) above is a United States citizen. EGS Management and EGS Partners are Delaware limited liability companies. EGS Associates and BEV Partners are Delaware limited partnerships. Jonas Partners is a New York limited partnership. ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock, $.001 par value ITEM 2(e). CUSIP NUMBER: 750753105 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d- 1(b), OR 13d-2(b), CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or dealer registered under Section 15 of the Act (b) [ ] Bank as defined in Section 3(a)(6) of the Act (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (d) [ ] Investment Company registered under Section 8 of the Investment Company Act (e) [ ] Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 22 (f) [ ] Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F) (g) [ ] Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G); see item 7 (h) [ ] Group, in accordance with Rule 13d- 1(b)(1)(ii)(H) Not applicable. ITEM 4. OWNERSHIP. The respective approximate aggregate percentage of shares of Common Stock reported as beneficially owned by the Reporting Persons is based on 18,668,002 shares outstanding, which is the total number of shares of Common Stock outstanding as of March 23, 2001, as reflected in the annual report on Form 10-K405 of RailAmerica, Inc. filed with the Securities and Exchange Commission (the "Commission") for the fiscal year ended December 31, 2000. As of the close of business on April 18, 2001: A. EGS Management, L.L.C. (a) Amount beneficially owned: 3,420,239 (b) Percent of class: 18.32 (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 3,420,239 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 3,420,239 B. EGS Partners, L.L.C. (a) Amount beneficially owned: -0- (b) Percent of class: 0.0% (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: -0- (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: -0- 23 C. EGS Associates (a) Amount beneficially owned: 1,857,264 (b) Percent of class: 9.95% (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 1,857,264 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 1,857,264 D. BEV Partners (a) Amount beneficially owned: 1,500,780 (b) Percent of class: 8.04% (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 1,500,780 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 1,500,780 E. Jonas Partners (a) Amount beneficially owned: 62,195 (b) Percent of class: 0.33% (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 62,195 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 62,195 F. William Ehrman (a) Amount beneficially owned: 3,420,239 (b) Percent of class: 18.32% (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 3,420,239 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 3,420,239 24 G. Frederic Greenberg (a) Amount beneficially owned: 3,420,339 (b) Percent of class: 18.32% (c) (i) Sole power to vote or direct the vote: 100 (ii) Shared power to vote or direct the vote: 3,420,239 (iii) Sole power to dispose or direct the disposition: 100 (iv) Shared power to dispose or direct the disposition: 3,420,239 H. Jonas Gerstl (a) Amount beneficially owned: 3,420,239 (b) Percent of class: 18.32% (c) (i) Sole power to vote or direct the vote: 0 (ii) Shared power to vote or direct the vote: 3,420,239 (iii) Sole power to dispose or direct the disposition: 0 (iv) Shared power to dispose or direct the disposition: 3,420,239 I. Julia Oliver (a) Amount beneficially owned: 3,420,239 (b) Percent of class: 18.32% (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 3,420,239 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 3,420,239 ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. Not Applicable. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Not Applicable. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. 25 Not Applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Not Applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not Applicable. ITEM 10. CERTIFICATION. "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect." SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. DATED: May 1, 2001 /s/ William Ehrman William Ehrman, individually and as a managing member of EGS Management, L.L.C. and of EGS Partners, L.L.C., and on behalf of EGS Management, L.L.C., as the general partner of each of EGS Associates, L.P., BEV Partners, L.P. and Jonas Partners, L.P. /s/ Frederic Greenberg Frederic Greenberg, individually /s/ Jonas Gerstl Jonas Gerstl, individually /s/ Julia Oliver Julia Oliver, individually 26 AGREEMENT The undersigned agree that this Schedule 13G dated May 1, 2001 relating to the Common Stock of RailAmerica Inc., shall be filed on behalf of the undersigned. /s/ William Ehrman William Ehrman, individually and as a managing member of EGS Management, L.L.C. and of EGS Partners, L.L.C., and on behalf of EGS Management, L.L.C., as the general partner of each of EGS Associates, L.P., BEV Partners, L.P. and Jonas Partners, L.P. /s/ Frederic Greenberg Frederic Greenberg, individually /s/ Jonas Gerstl Jonas Gerstl, individually /s/ Julia Oliver Julia Oliver, individually 27 00126018.AA1 -----END PRIVACY-ENHANCED MESSAGE-----