CN declares fourth-quarter 2008 dividend



    MONTREAL, Oct. 21 /CNW Telbec/ - CN (TSX:CNR)(NYSE:  CNI) announced today
that its Board of Directors has approved a fourth-quarter 2008 dividend on the
Company's common shares outstanding. A quarterly dividend of twenty-three
cents (C$0.23) per common share will be paid on Dec. 31, 2008, to shareholders
of record at the close of business on Dec. 10, 2008.

    CN - Canadian National Railway Company and its operating railway
subsidiaries - spans Canada and mid-America, from the Atlantic and Pacific
oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert,
B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the key
metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth,
Minn./Superior, Wis., Green Bay, Wis., Minneapolis/St. Paul, Memphis, and
Jackson, Miss., with connections to all points in North America. For more
information on CN, visit the company's website at www.cn.ca.




For further information:

For further information: Media: Mark Hallman, Director, Communications,
Media, (905) 669-3384; Investment Community: Robert Noorigian, Vice-President,
Investor Relations, (514) 399-0052


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