Canadian Pacific Railway Limited declares dividend CALGARY, Dec. 14 /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 January 31, 2005, to holders of record at the close of business on December 31, 2004. DATASOURCE: Canadian Pacific Railway CONTACT: Media: Len Cocolicchio, Tel.: (403) 319-7591, email: ; Investment Community: Paul Bell, Vice-President - Investor Relations, Tel.: (403) 319-3591, email:

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