25 October 2004 Fred Green Appointed Chief Operating Officer Of Canadian Pacific Railway Calgary - Rob Ritchie, President and Chief Executive Officer of Canadian Pacific Railway, is pleased to announce that the Company's Board of Directors has approved the appointment of Fred Green to the position of Executive Vice-President and Chief Operating Officer. The appointment is effective immediately.   Mr. Green, who began his career with CPR in 1978, has held senior management positions in both operations and marketing across the railway's network. He was most recently Executive Vice-President, Operations and Marketing.   In his new position, Mr. Green is responsible for the railway's operations, including the company's Integrated Operating Plan, overall train productivity and safety, track network and rail equipment, as well as marketing and sales activities for CPR's bulk, merchandise, intermodal, and logistics groups.   "Fred is an outstanding innovator who has developed products and services that differentiate CPR in the marketplace, while relentlessly pursuing improved productivity, efficiency and safety across our system", Mr. Ritchie said. "Under his leadership, CPR has developed high-performance, results-oriented teams in marketing and operations. Fred's appointment demonstrates the depth of proven experience that CPR has in its management team".