Canadian Pacific Files Supplement To Management Proxy Circular For May 17 Annual Shareholder Meeting

Canadian Pacific Railway Limited

today announced that it has filed a supplement to the Company's management proxy circular, together with an updated form of proxy, with the Canadian securities regulatory authorities on SEDAR in connection with the Company's annual meeting of shareholders to be held on May 17, 2012. The updated universal proxy includes all identified nominees for election to the Board of Directors at the Company's annual meeting, including the additional nominee recently proposed by Pershing Square. Shareholders will be receiving the supplement and an updated WHITE universal proxy in the mail, and the online voting websites have been updated.