Press Release: Canadian Pacific Limited
October 2, 2001
CALGARY, AB -- Canadian Pacific Limited (CPL) yesterday announced the successful completion of its reorganization,
as the Plan of Arrangement became effective first thing this morning, October 1, 2001.
Certificates for common shares in the new public companies will be distributed to CPL common shareholders as
soon as practicable after the record date of October 5, 2001. Under the terms of the Plan of Arrangement, all preferred
shareholders will receive, for each share, $26 together with all accrued and unpaid dividends to but not including
October 1, 2001.
With the completion of its reorganization, the Common and Preferred Shares of Canadian Pacific Limited will cease
trading on The Toronto Stock Exchange and New York Stock Exchange following the close of the business on October
2, 2001. The last day of "when-issued" trading on both the Toronto and New York exchanges in PanCanadian
Energy Corporation, Fording Inc., Canadian Pacific Railway Limited, CP Ships Limited and Fairmont Hotels &
Resorts Inc. will be October 2, 2001. The settlement date for "when-issued" trading will be October 9,
2001. Regular trading will begin with the market opening on October 3, 2001 on both exchanges with the following
ticker symbols:
TSE NYSE PanCanadian Energy Corporation PCE PCX Fording Inc. FDG FDG Canadian Pacific Railway Limited CP CP CP Ships Limited TEU TEU Fairmont Hotels & Resorts Inc. FHR FHR
Further information on CPL's reorganization and each of CPL's five businesses can be found in CPL's Arrangement
Circular, the full text of which can be found on CPL's website, www.cp.ca, or at
www.sedar.com.