CN reaches voluntary mitigation agreement with the City of Elgin, Ill.



    
    Agreements now cover more than 50 per cent of population along EJ&E in
    Illinois and Indiana
    

    CHICAGO, IL, May 4 /CNW Telbec/ - CN (TSX: CNR)(NYSE:   CNI) announced
today a voluntary mitigation agreement with the City of Elgin, Ill.,
addressing the municipality's issues with CN's acquisition of the principal
lines of the former Elgin, Joliet and Eastern Railway Company (EJ&E). CN
completed the acquisition on Jan. 31, 2009, and is running trains over the
line.
    Under the agreement with Elgin, CN will provide funding for noise
mitigation, emergency response training, and measures to maintain existing
quiet zones.
    CN now has voluntary mitigation agreements with 16 municipalities that
are home to more than 50 per cent of the population along the EJ&E in Illinois
and Indiana.
    CN expects that full integration of the CN and EJ&E networks will be
accomplished within three years. As CN completes the integration and planned
infrastructure improvements, it is committed to communicate changes in a
timely manner to all 33 communities affected by the acquisition.
    More information on the acquisition, including a map of the areas served
by the EJ&E and CN, is available on CN's website, www.cn.ca.

    Forward-Looking Statements

    This news release contains forward-looking statements. CN cautions that,
by their nature, forward-looking statements involve risk, uncertainties and
assumptions. Implicit in these statements, particularly in respect of
long-term growth opportunities, is the Company's assumption that such growth
opportunities are less affected by the current situation in the North American
and global economies. The Company cautions that its assumptions may not
materialize and that the current economic conditions render such assumptions,
reasonable at the time they were made, subject to greater uncertainty. The
Company cautions that its results could differ materially from those expressed
or implied in such forward-looking statements. Important factors that could
cause such differences include, but are not limited to, the effects of adverse
general economic and business conditions, including the current deep recession
in the North American economy and the possibility of a global economic
contraction in 2009, industry competition, inflation, currency fluctuations,
changes in fuel prices, legislative and/or regulatory developments, compliance
with environmental laws and regulations, various events which could disrupt
operations, including natural events such as severe weather, droughts, floods
and earthquakes, labour disruptions, environmental claims, investigations or
proceedings, other types of claims and litigation, and other risks detailed
from time to time in reports filed by CN with securities regulators in Canada
and the United States. Reference should be made to "Management's Discussion
and Analysis" in CN's annual and interim reports, Annual Information Form and
Form 40-F filed with Canadian and U.S. securities regulators, available on
CN's website, for a summary of major risks.

    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: Patrick Waldron, Manager, Public
Affairs, (708) 332-4377; Investors: Robert Noorigian, Vice-President, Investor
Relations, (514) 399-0052


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