Canadian Pacific Railway Limited Declares Dividend

CALGARY, Feb. 27, 2012 /CNW/ - The Board of Directors of Canadian Pacific Railway Limited (TSX:CP) (NYSE: CP) today declared a quarterly dividend of thirty cents ($0.30) Canadian per share on the outstanding Common Shares.  The dividend is payable on April 30, 2012, to holders of record at the close of business on March 30, 2012, and is an eligible dividend pursuant to subsection 89(14) of the Income Tax Act.

About Canadian Pacific
Canadian Pacific (TSX:CP)(NYSE: CP) operates a North American transcontinental railway providing freight transportation services, logistics solutions and supply chain expertise. Incorporating best-in-class technology and environmental practices, CP is re-defining itself as a modern 21st century transportation company built on safety, service reliability and operational efficiency. Visit cpr.ca and see how Canadian Pacific is Driving the Digital Railway.

SOURCE Canadian Pacific

For further information:

Media
Ed Greenberg
Tel:  612-849-4717
24/7 Media Pager:  855-242-3674
ed_greenberg@cpr.ca

Investor Relations
Janet Weiss
Tel:  403 319-3591
investor@cpr.ca


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