Canadian Pacific Railway Limited declares dividend CALGARY, Feb. 21 /PRNewswire-FirstCall/ -- The Board of Directors of Canadian Pacific Railway Limited (TSX/NYSE: CP) has declared a quarterly dividend of thirteen and one-quarter cents ($0.1325) Canadian per share on the outstanding Common Shares. The dividend is payable on April 25, 2005, to holders of record at the close of business on March 25, 2005. DATASOURCE: Canadian Pacific Railway CONTACT: Media - Len Cocolicchio, Tel.: (403) 319-7591, e-mail: ; Investment Community - Paul Bell, Vice-President - Investor Relations, Tel.: (403) 319-3591, e-mail:

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