(Editors: high-resolution images of Rob Ritchie and Fred Green have been posted on CPR's Website with this news release and can be downloaded for reproduction.) CALGARY, Oct. 31 /PRNewswire-FirstCall/ -- J.E. (Ted) Newall, Chairman of the Board of Directors of Canadian Pacific Railway (TSX/NYSE:CP) today announced the following senior executive appointment has been approved by the Board. Effective November 1, 2005, Fred J. Green, currently Executive Vice President and Chief Operating Officer has been appointed President of the company. He continues as Chief Operating Officer. Mr. Green began his career with CPR in 1978 and has held senior management positions in both operations and marketing across the railway's network. Robert J. Ritchie, who has served as President and Chief Executive Officer since 1995 will continue as Chief Executive Officer. In his new position, Mr. Green will be responsible for the railway's Information Services, Human Resources, Industrial Relations, Government Relations and Communications and Public Affairs functions in addition to his current responsibilities for all Operations and Marketing functions. "Mr. Green's appointment reflects his outstanding leadership in all aspects of our business," Mr. Newall said. "The results that have been achieved in terms of increased operational capacity, customer response, improved productivity and safety are due to his proven ability to build high impact teams that have enhanced the performance of one of Canada's great companies." Canadian Pacific Railway is a transcontinental carrier operating in Canada and the United States. Its 14,000 mile rail network serves the principal centres of Canada, from Montreal to Vancouver, and the United States 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 United States and into Mexico. Canadian Pacific Logistics Solutions provides logistics and supply chain expertise worldwide. For more information, visit CPR's website at http://www.cpr.ca/ DATASOURCE: Canadian Pacific Railway CONTACT: Media, Len Cocolicchio, Public Affairs, Tel.: (403) 319-7591, ; Investors, Paul Bell, Investor Relations, Tel.: (403) 319 3591,

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