<div><b>Page Content:</b> <p>The Board of Directors of Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today declared a quarterly dividend of thirty-five cents ($0.35) Canadian per share on the outstanding Common Shares.* The dividend is payable on October 29, 2012 to holders of record at the close of business on September 28, 2012, and is an eligible dividend pursuant to subsection 89(14) of the Income Tax Act.</p>
<h3>About Canadian Pacific</h3>
<p>Canadian Pacific (CP: TSX)(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 www.cpr.ca to learn more.</p>
<h3>Contacts:</h3>
<p>
<table style="width:60%" summary="">
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<p><strong>Media</strong></p>
<p>Nicole Sasaki<br>Tel: 403 835-9005 <br>24/7 Media Pager: 855-242-3674 <br><a href="mailto:nicole_sasaki@cpr.ca">nicole_sasaki@cpr.ca</a></p></td>
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<p><strong>Investor Relations</strong></p>
<p>Janet Weiss<br>Tel: 403 319-3591<br><a href="mailto:investor@cpr.ca">investor@cpr.ca</a></p></td></tr></tbody></table></p>
<p>*</p></div>
<div><b>News Release Date:</b> 9/6/2012 2:45 AM</div>
<div><b>Location:</b> Calgary, Alberta</div>
<div><b>News Type:</b> Investors</div>
<div><b>Is Featured:</b> Yes</div>
More...
<h3>About Canadian Pacific</h3>
<p>Canadian Pacific (CP: TSX)(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 www.cpr.ca to learn more.</p>
<h3>Contacts:</h3>
<p>
<table style="width:60%" summary="">
<tbody>
<tr valign=top>
<td>
<p><strong>Media</strong></p>
<p>Nicole Sasaki<br>Tel: 403 835-9005 <br>24/7 Media Pager: 855-242-3674 <br><a href="mailto:nicole_sasaki@cpr.ca">nicole_sasaki@cpr.ca</a></p></td>
<td>
<p><strong>Investor Relations</strong></p>
<p>Janet Weiss<br>Tel: 403 319-3591<br><a href="mailto:investor@cpr.ca">investor@cpr.ca</a></p></td></tr></tbody></table></p>
<p>*</p></div>
<div><b>News Release Date:</b> 9/6/2012 2:45 AM</div>
<div><b>Location:</b> Calgary, Alberta</div>
<div><b>News Type:</b> Investors</div>
<div><b>Is Featured:</b> Yes</div>
More...
