AMERICAN COMM : Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of American Commercial Lines Inc. in Connection with the Proposed Acquisition of the Company by an Affiliate of Platinum Equity

Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of American Commercial Lines Inc. (?ACL? or the ?Company?) (NASDAQ:ACLI) related to the Company's agreement to be acquired by an affiliate of Platinum Equity. The proposed transaction is valued at approximately $777 million.

Under the terms of the definitive merger agreement entered into by the parties, ACL stockholders, other than GVI Holdings, Inc. and certain of its affiliates (?GVI Holdings?), will receive $33.00 in cash for each share of ACL common stock they hold. GVI Holdings will receive $31.25 in cash for each share of ACL common stock it holds if the transaction closes before December 31, 2010, and $33.00 per share thereafter. GVI Holdings owns approximately 25% of ACL's outstanding common stock and has entered into a voting agreement to support the transaction. The transaction is expected to close in the fourth quarter of 2010. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the proposed transaction by ACL's board of directors.

If you are a shareholder of ACL, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at [phone], Toll Free at [phone], or by email to [e-mail], or visit our website at http://www.howardsmithlaw.com.

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
[phone]
[phone]
[e-mail]
www.howardsmithlaw.com