/C O R R E C T I O N from source - Canadian Pacific Railway/ In TO111 sent today at 11:20e an error occurred at the end of the 2nd paragraph which should read "... at 2:40 p.m. Pacific time (5:40 p.m. Eastern time)" and not "... at 2:40 p.m. Pacific time (11:40 a.m. Eastern time)". Full corrected copy follows. CALGARY, Feb. 11 /PRNewswire-FirstCall/ -- Rob Ritchie, President and Chief Executive Officer of Canadian Pacific Railway (TSX/NYSE: CP), will address the Deutsche Bank 15th Annual Global Transportation Conference on Feb. 17, 2005. His presentation is scheduled to begin at 10 a.m. Eastern time at The Ritz-Carlton in Naples, Florida. Mike Waites, Executive Vice-President and Chief Financial Officer of CPR, and Chief Executive Officer of CPR's U.S. Network, will address the CIBC World Markets 8th Annual Whistler Institutional Investor Conference, which will also be held on February 17. His presentation is scheduled to begin at 2:40 p.m. Pacific time (5:40 p.m. Eastern time) at The Westin Resort in Whistler, British Columbia. Mr. Ritchie and Mr. Waites will present CPR's performance, strategy and outlook. There will be a live audio Webcast of the presentations. The Webcasts, as well as the presentation materials, will be available in the Investor section of CPR's website, http://www.cpr.ca/. Canadian Pacific Railway is a transcontinental carrier operating in Canada and the U.S. Its 14,000-mile rail network serves the principal centres of Canada, from Montreal to Vancouver, and the U.S. Northeast and Midwest regions. CPR feeds directly into America's heartland from the East and West coasts. Alliances with other carriers extend its market reach throughout the U.S. and into Mexico. Canadian Pacific Logistics Solutions provides logistics and supply chain expertise worldwide. For more information, visit CPR's website. DATASOURCE: Canadian Pacific Railway CONTACT: Contacts: Media: Len Cocolicchio, Tel: (403) 319-7591, Cell: (403) 650-2748, ; Investment community: Paul Bell, Vice-President, Investor Relations, Tel: (403) 319-3591,

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