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Press release from CNW Group

Canadian Pacific Railway Limited declares dividend

Friday, July 19, 2013

Canadian Pacific Railway Limited declares dividend

10:16 EDT Friday, July 19, 2013

CALGARY, July 19, 2013 /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 28, 2013 to holders of record at the close of business on September 27, 2013, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation.

About Canadian Pacific
Canadian Pacific (TSX:CP)(NYSE:CP) is a transcontinental railway in Canada and the United States with direct links to eight major ports, including Vancouver and Montreal, providing North American customers a competitive rail service with access to key markets in every corner of the globe. CP is a low-cost provider that is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpr.ca to see the rail advantages of Canadian Pacific.

SOURCE Canadian Pacific

For further information:

Media
Ed Greenberg
Tel:  612-849-4717
24/7 Media Pager: 855-242-3674
email: ed_greenberg@cpr.ca

Investment Community
Nadeem Velani
Tel: 403-319-3591
email: investor@cpr.ca

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