<div><b>Contact:</b> Steve Sugars</div>
<div><b>Page Content:</b> <p>Canadian Pacific Railway Limited (TSX:CP)(NYSE:CP) announced that its wholly-owned subsidiary, Canadian Pacific Railway Company, is issuing:</p>
<ul>
<li>CDN $125 million of 5.10% Notes due January 14, 2022</li></ul>
<p>The transaction is expected to close on December 2, 2011.</p>
<p>The offering is being made in Canada under the base shelf prospectus dated June 29, 2011 which allows for offerings of up to CDN $1.5 billion of medium term notes. The net proceeds from this offering will be used for a voluntary prepayment in 2011 to CP’s Canadian defined benefit pension plans.</p>
<h4>About Canadian Pacific</h4>
<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>
<h4>Contacts:</h4>
<p>Media************************************************************ Investment Community<br>Nicole Sasaki************************************************* *Janet Weiss <br>Tel.:403-835-9005*************************************** Tel.: 403-319-3591<br>24/7 Media Pager:* 1-855-242-3674*************email: <a href="mailto:investor@cpr.ca">investor@cpr.ca</a> <br>email: <a href="mailto:nicole_sasaki@cpr.ca">nicole_sasaki@cpr.ca</a></p>
<p><br>*</p></div>
<div><b>News Release Date:</b> 11/29/2011 11:00 AM</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 Railway Limited (TSX:CP)(NYSE:CP) announced that its wholly-owned subsidiary, Canadian Pacific Railway Company, is issuing:</p>
<ul>
<li>CDN $125 million of 5.10% Notes due January 14, 2022</li></ul>
<p>The transaction is expected to close on December 2, 2011.</p>
<p>The offering is being made in Canada under the base shelf prospectus dated June 29, 2011 which allows for offerings of up to CDN $1.5 billion of medium term notes. The net proceeds from this offering will be used for a voluntary prepayment in 2011 to CP’s Canadian defined benefit pension plans.</p>
<h4>About Canadian Pacific</h4>
<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>
<h4>Contacts:</h4>
<p>Media************************************************************ Investment Community<br>Nicole Sasaki************************************************* *Janet Weiss <br>Tel.:403-835-9005*************************************** Tel.: 403-319-3591<br>24/7 Media Pager:* 1-855-242-3674*************email: <a href="mailto:investor@cpr.ca">investor@cpr.ca</a> <br>email: <a href="mailto:nicole_sasaki@cpr.ca">nicole_sasaki@cpr.ca</a></p>
<p><br>*</p></div>
<div><b>News Release Date:</b> 11/29/2011 11:00 AM</div>
<div><b>Location:</b> Calgary, Alberta</div>
<div><b>News Type:</b> Investors</div>
<div><b>Is Featured:</b> No</div>
More...
