<div><b>Contact:</b> Steve Sugars</div>
<div><b>Page Content:</b> <p>Canadian Pacific (TSX: CP) (NYSE: CP) today announced that it received a letter from Pershing Square including a requisition for a meeting of shareholders for the purpose of electing five Pershing Square nominees to the CP Board.* These nominees are William A. Ackman, Gary F. Colter, Paul C. Hilal, Rebecca MacDonald and Dr. Anthony R. Melman.</p>
<p>The Company announced that it will hold its annual meeting of shareholders (the “annual meeting”) on Thursday, May 17, 2012 in Calgary, Alberta, consistent with the Company’s normal practice.</p>
<p>Further details regarding the annual meeting will be included in the Company’s proxy circular, which CP will mail to shareholders of record in advance of the annual meeting.</p>
<h3>About Canadian Pacific</h3>
<p>Canadian Pacific (TSX:CP)(NYSE:CP) operates a North American transcontinental railway providing freight transportation services, logistics solutions and supply chain expertise. Incorporating best-in-class technology and environmental practices, CP is re-defining itself as a modern 21st century transportation company built on safety, service reliability and operational efficiency. Visit cpr.ca and see how Canadian Pacific is Driving the Digital Railway.</p>
<h3>Contacts:************* </h3>
<p>Media******* ** ** ** *************************************** Investor Relations <br>Canadian Pacific******************************************Canadian Pacific <br>Ed Greenberg***** ** ** ** ****************************** Janet Weiss <br>Tel:* 612-904-6180********************************** Tel:* 403 319-3591 <br>24/7 Media Pager:* 855-242-3674************ <a href="mailto:investor@cpr.ca">investor@cpr.ca</a> <br><a href="mailto:ed_greenberg@cpr.ca">ed_greenberg@cpr.ca</a></p>
<p>*</p></div>
<div><b>News Release Date:</b> 1/23/2012 5:00 PM</div>
<div><b>Location:</b> Calgary, Alberta</div>
<div><b>News Type:</b> Investors</div>
<div><b>Is Featured:</b> No</div>
More...
<div><b>Page Content:</b> <p>Canadian Pacific (TSX: CP) (NYSE: CP) today announced that it received a letter from Pershing Square including a requisition for a meeting of shareholders for the purpose of electing five Pershing Square nominees to the CP Board.* These nominees are William A. Ackman, Gary F. Colter, Paul C. Hilal, Rebecca MacDonald and Dr. Anthony R. Melman.</p>
<p>The Company announced that it will hold its annual meeting of shareholders (the “annual meeting”) on Thursday, May 17, 2012 in Calgary, Alberta, consistent with the Company’s normal practice.</p>
<p>Further details regarding the annual meeting will be included in the Company’s proxy circular, which CP will mail to shareholders of record in advance of the annual meeting.</p>
<h3>About Canadian Pacific</h3>
<p>Canadian Pacific (TSX:CP)(NYSE:CP) operates a North American transcontinental railway providing freight transportation services, logistics solutions and supply chain expertise. Incorporating best-in-class technology and environmental practices, CP is re-defining itself as a modern 21st century transportation company built on safety, service reliability and operational efficiency. Visit cpr.ca and see how Canadian Pacific is Driving the Digital Railway.</p>
<h3>Contacts:************* </h3>
<p>Media******* ** ** ** *************************************** Investor Relations <br>Canadian Pacific******************************************Canadian Pacific <br>Ed Greenberg***** ** ** ** ****************************** Janet Weiss <br>Tel:* 612-904-6180********************************** Tel:* 403 319-3591 <br>24/7 Media Pager:* 855-242-3674************ <a href="mailto:investor@cpr.ca">investor@cpr.ca</a> <br><a href="mailto:ed_greenberg@cpr.ca">ed_greenberg@cpr.ca</a></p>
<p>*</p></div>
<div><b>News Release Date:</b> 1/23/2012 5:00 PM</div>
<div><b>Location:</b> Calgary, Alberta</div>
<div><b>News Type:</b> Investors</div>
<div><b>Is Featured:</b> No</div>
More...