X0202 3 2005-02-17 0 0000740796 FLORIDA EAST COAST INDUSTRIES INC FLA 0001318079 Carey G John ONE MALAGA STREET ST. AUGUSTINE FL 32084 0 1 0 0 President, Flagler Development Common 27619 D NSO 39.99 2004-12-17 2009-12-17 Common 36765 D NSO 40.88 2003-09-06 2010-12-06 Common 5514 D NSO 34.16 2005-01-01 2011-01-01 Common 15756 D NSO 20.14 2005-12-14 2006-12-14 Common 7878 D NSO 22.22 2005-02-25 2007-02-25 Common 3060 D Restricted shares granted by the issuer with vesting over three - four years. Mr. Carey, President of Florida East Coast Industries' subsidiary Flagler Development Company, was designated a Section 16b reporting officer on 2/17/05. ________________________________ Brian J. Nicholson, Attorney in Fact 2005-02-17