Exhibit 15.1 AWARENESS LETTER OF PRICE WATERHOUSE LLP, INDEPENDENT ACCOUNTANTS June 2, 1997 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Dear Sirs: We are aware that CSX Corporation has included our report dated April 16, 1997 related to Conrail Inc. (issued pursuant to the provisions of Statement on Auditing Standards No. 71) in its Current Report on Form 8-K to be filed on June 4, 1997. We are also aware of our responsibilities under the Securities Act of 1933. Very truly yours, /s/ PRICE WATERHOUSE LLP Thirty South Seventeenth Street Philadelphia, PA 19103