23 January 2012

Canadian Pacific Schedules Annual Meeting of Shareholders for 17 May 2012

Calgary Alberta - Canadian Pacific today announced that it received a letter from Pershing Square including a requisition for a meeting of shareholders for the purpose of electing five Pershing Square nominees to the CP Board.
 
These nominees are William A. Ackman, Gary F. Colter, Paul C. Hilal, Rebecca MacDonald, and Dr. Anthony R. Melman.
 
The Company announced that it will hold its annual meeting of shareholders on Thursday, 17 May 2012 in Calgary, Alberta, consistent with the Company's normal practice.
 
Further details regarding the annual meeting will be included in the Company's proxy circular, which CP will mail to shareholders of record in advance of the annual meeting.