CPR claims damages in contract dispute with Elk Valley Coal Partnership CALGARY, July 21 /PRNewswire-FirstCall/ -- Canadian Pacific Railway (TSX/NYSE: CP) said it has filed a statement of claim against defendant Elk Valley Coal Partnership. The claim is in respect of the defendant's failure to pay the full amount of rail freight charges, which are applicable pursuant to a transportation contract between CPR and Elk Valley Coal Partnership. The dispute relates to the shipment of coal from the defendant's Elk Valley mines in southeastern British Columbia to Vancouver area ports for overseas export. CPR's statement of claim is for $14.18 million to the end of June. CPR's contract with Elk Valley Coal Partnership continues through to March 31, 2007. The dispute is not expected to affect the continued shipment of coal by CPR from the Elk Valley mines. 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 at http://www.cpr.ca/. 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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