CALGARY, June 7 /PRNewswire-FirstCall/ -- Brian Grassby, Acting CFO, VP & Comptroller of Canadian Pacific Railway (TSX/NYSE: CP), will address the Merrill Lynch Global Transportation Conference on June 15, 2006. His presentation is scheduled to begin at 11:10 a.m. Eastern time at the St. Regis Hotel in New York. Mr. Grassby will present CPR's performance, strategy and outlook. There will be a live audio Webcast of the presentation. The Webcast, 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: Media: Leslie Pidcock, Tel.: (403) 319-6878, e-mail: ; Investment Community: Paul Bell, Vice-President Investor Relations, Tel.: (403) 319-3591, e-mail:

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