Press Release: Canadian Pacific Limited
October 2, 2001
CALGARY, AB -- With the successful completion of its corporate reorganization and the Plan of Arrangement coming
into effect yesterday, Canadian Pacific Limited (CPL) announced the terms of redemption for its Preferred Shares
which will cease trading on The Toronto Stock Exchange following the close of the business on October 2, 2001.
Under the terms of the Plan of Arrangement, as approved by preferred shareholders and the Court of Queen's Bench
Alberta, all preferred shareholders will receive, for each share, $26.00 together with a dividend of $0.2361 for
a total payment of $26.2361 per share. The redemption will be mailed to holders of preferred shareholders of record
at the close of business on October 5, 2001.
Further information on CPL's reorganization 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.