X0201 42003-10-08 0000740796 FLORIDA EAST COAST INDUSTRIES INC FLA 0001035261 ELLWOOD RICHARD S PO BOX 530 RUMSON NJ 07760 1000Common2003-10-084F0176729.76D3812DNon-Statutory Options37.812003-10-084J01322D2004-01-292006-01-29Common132218000DSurrender of shares to the issuer in satisfaction of indebtedness to the Company.Forfeiture of optins in connection with loan repayment.__________________________________________ Heidi J. Eddins, Attorney-in-fact2003-10-09