30 January 2012

Pershing Square to Host Town Hall Meeting with the Nominees for Management Change for Canadian Pacific Shareholders and Interested Parties

Toronto Ontario - Pershing Square Capital Management, L.P., today announced that it will hold a Town Hall Meeting to provide shareholders of Canadian Pacific Railway Limited and other interested parties the opportunity to meet Pershing Square's slate, "The Nominees for Management Change", who will stand for election at Canadian Pacific's 17 May 2012 Annual General Meeting in Calgary.
 
Each of the five Nominees for Management Change and the former CEO of Canadian National Railroad, Hunter Harrison, will be available at the event in person.
 
Bill Ackman, founder and CEO of Pershing Square, Paul Hilal, Partner at Pershing Square, and Hunter Harrison will be available for discussion and analysis of the need for board and management change at Canadian Pacific.
 
When:  6 Feb 2012, 10:00 a.m.-12:00 p.m., with lunch to follow.
 
Where:  Hilton Toronto 145 Richmond Street West Toronto - Toronto Rooms 1 and 2.
 
Who:  The Nominees for Management Change: Bill Ackman, Gary F. Colter, Paul C. Hilal, Rebecca MacDonald, Dr. Anthony R. Melman, and Hunter Harrison, former CEO, Canadian National Railroad.
 
CP Rising web site:  www.visualWebCaster.com.