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<div><b>Page Content:</b> <p>Canadian Pacific Railway (TSX: CP) (NYSE: CP) today advised that Tony Ingram has resigned from the CP Board of Directors.</p>
<p>During his tenure, Mr. Ingram served diligently on two Board committees, namely the Safety, Operations and Environment Committee (SOE) and the Management Resources and Compensation Committee.</p>
<p>“Mr. Ingram’s insight and guidance was particularly appreciated by the SOE Committee,” said Paul Haggis, Chairman of the Board. “The Board wishes to thank Tony for his contributions to the Company.”</p>
<p>At this time the Board does not intend to fill the vacancy created by Mr. Ingram’s departure.</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.</p>
<p>Media?<br>Mark Seland?<br>Tel.: 403-540-7178?24/7<br>Media Pager: 855-242-3674 <br>email: <a href=""></a></p>
<p>Investment Community<br>Janet Weiss?<br>Tel.: 403-319-3591 <br>email: <a href=""></a></p>
<div><b>News Release Date:</b> 7/6/2012 5:30 AM</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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