CN and TCRC agree to delay right to issue strike/lockout notices until

    News Editors

    MONTREAL--(BUSINESS WIRE)--March 15, 2005--CN and the Teamsters Canada Rail Conference (TCRC) signed an agreement today extending the date on which either party can issue a 72-hour strike or lockout notice to May 12, 2005. The TCRC represents 1,750 locomotive engineers at CN.

    Gilles Halle, president of the TCRC, said: "The union and company are serious about resolving outstanding issues without labour disruption. This additional period will give the parties time to schedule meaningful negotiations aimed at reaching an agreement."

    E. Hunter Harrison, president and chief executive officer of CN, said: "We remain optimistic that further face-to-face negotiations over the coming weeks will allow CN and the TCRC to successfully resolve the issues still on the bargaining table."

    Canadian National Railway Company spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the key cities of Toronto, Buffalo, Chicago, Detroit, Duluth, Minn./Superior, Wis., Green Bay, Wis., Minneapolis/St. Paul, Memphis, St. Louis, and Jackson, Miss., with connections to all points in North America.



    www.cn.ca

    Canadian National Railway Company (TSX:CNR) (NYSE:CNI)

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CONTACT: CN Mark Hallman (Media) (905) 669-3384 OR CN Robert Noorigian (Investors) (514) 399-0052 OR TCRC Gilles Halle (613) 235-1828

KEYWORD: NEW YORK INTERNATIONAL CANADA INDUSTRY KEYWORD: TRANSPORTATION SOURCE: Canadian National Railway Company

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