X0202 3 2004-06-03 0 0000740796 FLORIDA EAST COAST INDUSTRIES INC FLA 0001220969 PIECZYNSKI JAMES 31111 AGOURA ROAD, SUITE 220 WESTLAKE VILLAGE CA 91361 1 0 0 0 Common Stock 1412 D Upon election to the Board, Directors were granted shares of restricted stock having a fair market value of $50,000 at the time of the grant. 50% of these shares vest on the six-month anniversary of the grant (12/03/04). The balance of the restrictions will lapse on the one-year anniversary (06/03/05). ___________________________ Brian J. Nicholson, Attorney-in-fact 2004-06-04