30 April 2012

Canadian Pacific Posts Investor Presentation to Company Web Site

Calgary Alberta - Canadian Pacific Railway Limited today announced that it has posted a new investor presentation to the "Shareholder Communication" section of www.cpOnTrack.com.
 
As noted in the presentation:
 
Experienced management team is successfully executing on the Multi-Year Plan, which is delivering record operating metrics and improved financial performance;
 
Accelerated capital plan is underway and showing results;
 
Multi-Year Plan is on track to deliver a 70 to 72 percent operating ratio (OR) for 2014 and a 68.5 to 70.5 percent OR for 2016;
 
CP has maintained operating expense unit cost comparable to CN since 2006 - OR difference not due to operating efficiency;
 
Board of Directors made up of experienced, highly-qualified individuals who provide oversight of execution of the Multi-Year Plan and hold management accountable; and
 
Pershing Square continues to make inaccurate statements and has no plan.
 
Canadian Pacific intends to use the presentation in its upcoming meetings with analysts and investors.
 
CP recommends that shareholders vote FOR the Company's continued forward momentum that is being carried out by the right management team under the supervision of the right Board.
 
To do so, vote FOR the election of the director nominees proposed by CP on the WHITE universal proxy.
 
In addition, shareholders are encouraged to visit www.cpOnTrack.com to access the Company's Management Proxy Circular and for more information about CP, the CP management team, and its value generating Multi-Year Plan.