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Canadian Pacific Railway Limited declares dividend



              Canadian Pacific Railway Limited declares dividend

PR Newswire

CALGARY, April 30, 2013

CALGARY, April 30, 2013 /PRNewswire/ - 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 July 29, 2013 to holders of record
at the close of business on June 28, 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

Contact:

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

Investment Community
Nadeem Velani
Tel: 403-319-3591

investor@cpr.ca
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