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(Source: CN press release, July 25, 2011)

MONTREAL — CN announced today that its Board of Directors has approved a third-quarter 2011 dividend on the Company’s common shares outstanding. A quarterly dividend of thirty-two and one-half cents (C$0.325) per common share will be paid on Sept. 30, 2011, to shareholders of record at the close of business on Sept. 9, 2011.