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Press release from CNW Group

Canadian Pacific Railway Limited Declares Dividend

Thursday, September 06, 2012

Canadian Pacific Railway Limited Declares Dividend16:49 EDT Thursday, September 06, 2012CALGARY, Sept. 6, 2012 /CNW/ - The Board of Directors of Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today declared a quarterly dividend of thirty-five cents ($0.35) Canadian per share on the outstanding Common Shares.  The dividend is payable on October 29, 2012 to holders of record at the close of business on September 28, 2012, and is an eligible dividend pursuant to subsection 89(14) of the Income Tax Act.About Canadian PacificCanadian Pacific (TSX: CP)(NYSE: CP) operates a North American transcontinental railway providing freight transportation services, logistics solutions and supply chain expertise. Incorporating best-in-class technology and environmental practices, CP is re-defining itself as a modern 21st century transportation company built on safety, service reliability and operational efficiency. Visit to learn more.SOURCE: Canadian PacificFor further information: Contacts:Media  Nicole Sasaki  Tel:  403 835-9005  24/7 Media Pager:  855-242-3674 Investor Relations Janet Weiss Tel:  403 319-3591