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CALGARY — Canadian Pacific Railway will present its third-quarter 2002 financial and operating results to financial analysts on Oct. 22 in the auditorium at the Toronto Stock Exchange Conference Centre, beginning at 11 a.m. ET. CPR’s results will be presented by Robert Ritchie, President and Chief Executive Officer; Ed Dodge, Executive Vice-President and Chief Operating Officer; Mike Waites, Executive Vice-President and Chief Financial Officer; and Fred Green, Senior Vice-President, Marketing and Sales.

Analysts unable to attend can participate by phone or listen to a live audio webcast via CPR’s website at www.cpr.ca . The dial-in numbers for the presentation are 877-211-7911 and 416-405-9310, and callers should dial in at 10:45 a.m. to register. Journalists are also invited to listen to the analyst presentation.

An audio replay and presentation slides will be available on CPR’s website through Nov. 15, 2002. A telephone replay will be available through Oct. 29 by dialing 800-408-3053 or 416-695-5800 and entering passcode 1269526.

Canadian Pacific Railway’s 14,000-mile network serves the principal centres of Canada, from Montreal to Vancouver, and the US Northeast and Midwest regions. CPR’s track feeds directly into the Chicago hub from the East and West coasts. Alliances with other carriers extend CPR’s market reach beyond its own network and into the major business centres of Mexico. For more information, visit CPR’s website at www.cpr.ca.