Exhibit 15 November 14, 1996 Securities and Exchange Commission 450 Fifth Street, NW Washington, DC 20549 Dear Sirs: We are aware that Conrail Inc. has incorporated by reference our report dated October 16, 1996 (issued pursuant to the provisions of Statement on Auditing Standards No. 71) in the following documents: o Registration Statement on Form S-8 No. 33-19155 o Registration Statement on Form S-8 No. 33-44140 o Registration Statement on Form S-8 No. 33-57717 o Registration Statement on Form S-8 No. 33-60445 o Registration Statement on Form S-8 No. 333-6513 o Prospectus constituting part of Registration Statement on Form S-3 No. 33-64670 o Prospectus constituting part of Registration Statement on Form S-3 No. 33-62929. We are also aware of our responsibilities under the Securities Act of 1933 and that pursuant to Rule 436(c) our report dated October 16, 1996 shall not be considered part of a registration statement prepared or certified by us or a report prepared or certified by us within the meaning of Sections 7 and 11 of the Securities Act of 1933. Yours very truly, PRICE WATERHOUSE LLP Thirty South Seventeenth Street Philadelphia, PA 19103