FRA Certification Helpline: (216) 694-0240

(Source: Canadian Pacific Railway press release, September 27, 2011)

CALGARY, Alberta — Canadian Pacific will release its third-quarter financial and operating results at 7:30 a.m. Eastern time (5:30 a.m. Mountain time) on October 25, 2011.

CP will discuss its results with analysts in a conference call beginning at 11:00 a.m. Eastern time (9:00 a.m. Mountain time) on October 25, 2011.

CONFERENCE CALL ACCESS

Toronto/International participants dial in number: (647) 427-7450

Operator assisted toll free dial in number: 1-888-231-8191

Callers should dial in 10 minutes prior to the call.

WEBCAST

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 “Invest In CP” tab.

A replay of the conference call will be available by phone through November 22, 2011 at 416-849-0833 or toll free 1-855-859-2056, passcode 13070068. A webcast of the presentation and an audio file will be available at www.cpr.ca under “Invest In CP” tab.