Levetown & Jenkins, LLP is conducting an investigation into alleged breaches of fiduciary duties and violations of state law by American Commercial Lines Inc. (“ACLI”) (NASDAQ:ACLI) and its Board of Directors in conjunction with the proposed buyout and acquisition of ACLI by an affiliate of Platinum Equity. Under the terms of a definitive merger agreement announced on October 18, 2010, ACLI shareholders other than GVI Holdings, Inc. will receive $33.00 in cash for each share of ACLI common stock they hold. If the transaction closes before the proposed closed date of December 31, 2010, GVI Holdings, Inc. will receive $31.25 in cash for each share of ACLI common stock they hold. GVI Holdings, Inc. owns approximately 25.26% of ACLI's outstanding common stock, and they have entered into a Voting Agreement to support the proposed acquisition. The transaction is valued at approximately $777 million.

The firm’s investigation concerns whether the proposed acquisition properly values ACLI. Specifically, the investigation seeks to determine whether the ACLI Board of Directors engaged in a fair process to obtain adequate consideration for all of the company's shareholders, whether the transaction undervalues the company to the detriment of its shareholders and, if so, the extent to which the company is undervalued in the proposed transaction.

Levetown & Jenkins, LLP is a national law firm comprised of former federal and state prosecutors with extensive experience in the investigation and prosecution of shareholder fraud. The firm specializes in the representation of investors in shareholder and securities fraud class actions. If you currently own shares of ACLI and wish to obtain additional information about your rights as a shareholder, please contact Michael T. Harrison, Esq. at (713) 392-7465 or mharrison@levjen.com. For more information about the firm, please visit www.levjen.com.

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