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<div><b>Page Content:</b> <p>Canadian Pacific (TSX: CP) (NYSE: CP) will release its second-quarter financial and operating results at 7:30 a.m. Eastern time (5:30 a.m. Mountain time) on Wednesday, July 25, 2012. </p>
<p>CP’s conference call with analysts is now scheduled to begin at 1:00 p.m. Eastern time (11:00 a.m. Mountain time) on July 25, 2012.</p>
<h3>Conference call access</h3>
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<p>Toronto participants dial in number: (647) 427-7450* <br>Operator assisted toll free dial in number: 1-888-231-8191* <br>Callers should dial in 10 minutes prior to the call.</p>
<p>A replay of the conference call will be available by phone through August 22, 2012 at <br>416-849-0833 or toll free 1-855-859-2056, password 91414131.*** </p></blockquote>
<p>For those with Internet access we encourage you to listen via CP’s website at www.cpr.ca. To access the webcast and the presentation material, click on “<a title="" href="/en/invest-in-cp">Invest In CP</a>” tab.*** </p>
<p>A webcast of the presentation and an audio file will be available at www.cpr.ca under “Invest In CP” tab.</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>
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<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>
<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>
<div><b>News Release Date:</b> 7/16/2012 4:00 PM</div>
<div><b>Location:</b> Calgary, Alberta</div>
<div><b>News Type:</b> Investors</div>
<div><b>Is Featured:</b> Yes</div>


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