PRESIDENT’S

REPORTMarch 10, 2010

STATUS OF CTA FINANCES

2

Focus on revenue generation and strict budget controls

$200M in revenue generated since March 2009

STATUS OF CTA FINANCES

Monitor external factors beyond our control

Federal activity: potential jobs bill and extension of transportation

funding bill

State activity: means test bill to potentially reduce senior free ride

program

RTA announcement regarding low working cash levels

3

5000 SERIES RAIL CARS

4

Revenue service testing to begin in a few weeks

Several months of testing across the system and in different seasons

Cars are similar in appearance, but with many new features

Alternating current (AC) propulsion system

Regenerative braking

Smoother acceleration

Aisle-facing seating

Electronic signage

RIDERSHIP SINCE FEBRUARY 7, 2009Overall ridership down in the four weeks since the cuts

Weekday ridership is down 2.2%

Weekend ridership is up 5.3%

SystemSystem

- 1.0 %

BusBus

- 4.0%

RailRail

+4.0%

5

UP

0.6M

DOWN

1.0M

DOWN

0.4M

FEBRUARY 2010 RIDERSHIP

39.5M rides provided in February

Appears that bus customers have migrated to rail service

SystemSystem

- 1.3 %

BusBus

- 3.8%

RailRail

+2.7%

6

DOWN

0.5M

UP

0.4M

DOWN

0.9M

PRESIDENT’S

REPORTMarch 10, 2010