X0202 4 2004-09-28 0000740796 FLORIDA EAST COAST INDUSTRIES INC FLA 0001209758 MACSWAIN ROBERT F ONE MALAGA STREET ST. AUGUSTINE FL 32084 0 1 0 0 Vice Chairman Common 2004-09-28 4 M 0 7000 26.13 A 47913 D Common 2004-09-28 4 S 0 100 37.24 D 47813 D Common 2004-09-28 4 S 0 700 37.26 D 47113 D Common 2004-09-28 4 S 0 100 37.28 D 47013 D Common 2004-09-28 4 S 0 400 37.29 D 46113 D Common 2004-09-28 4 S 0 300 37.30 D 46313 D Common 2004-09-28 4 S 0 600 37.31 D 45713 D Common 2004-09-28 4 S 0 200 37.33 D 45513 D Common 2004-09-28 4 S 0 100 37.34 D 45413 D Common 2004-09-28 4 S 0 400 37.37 D 45013 D Common 2004-09-28 4 S 0 600 37.40 D 44413 D Common 2004-09-28 4 S 0 300 37.41 D 44113 D Common 2004-09-28 4 S 0 300 37.42 D 43813 D Common 2004-09-28 4 S 0 500 37.44 D 43313 D Common 2004-09-28 4 S 0 700 37.45 D 42613 D Common 2004-09-28 4 S 0 500 37.48 D 42113 D Common 2004-09-28 4 S 0 200 37.50 D 41913 D Common 2004-09-28 4 S 0 100 37.53 D 41813 D Common 2004-09-28 4 S 0 200 37.54 D 41613 D Common 2004-09-28 4 S 0 100 37.55 D 41513 D Common 2004-09-28 4 S 0 100 37.60 D 41413 D Common 2004-09-28 4 S 0 500 37.65 D 40913 D Common 925 I By 401(k) plan NSO 26.13 2004-09-28 4 M 0 7000 D 2002-02-02 2009-02-02 Common 7000 101526 D Exercise of options. ____________________________________ Robert F. MacSwain 2004-09-29