29 June 2004 CPR Second-Quarter 2004 Results:  Conference Call with Analysts and Media July 29 Calgary - Canadian Pacific Railway (TSX/NYSE: CP) will release its financial and operating results for the second quarter of 2004 at 7:30 a.m. Eastern time (5:30 a.m. Mountain time) on 29 Jul 2004.   CPR will discuss its results with analysts and the media in a conference call beginning at 11 a.m. Eastern time (9 a.m. Mountain time) on 29 Jul 2004. There will be a live audio Webcast of the call.   CONFERENCE CALL ACCESS   Dial-in numbers:  1-800-814-4857 or 416-640-1907. Callers should dial in 10 minutes prior to the call. A replay of the conference call will be available by phone through 5 Aug 2004, at 1-877-289-8525 or 416-640-1917, pass code 21055180 followed by the pound key.   Webcast:  live via CPR's website at www.cpr.ca. To access the Webcast, click on Investors. The Webcast will be archived through 27 Aug 2004.