CN
TSX : CNR
NYSE : CNI

CN

January 10, 2005 16:47 ET

Canadian labour board reviewing essential service implications of possible CN strikes, lockouts


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CANADIAN NATIONAL RAILWAY COMPANY

TSX SYMBOL: CNR
NYSE SYMBOL: CNI

JANUARY 10, 2005 - 16:47 ET

Canadian labour board reviewing essential service
implications of possible CN strikes, lockouts

CN optimistic about settlements with three unions

MONTREAL, QUEBEC--(CCNMatthews - Jan. 10, 2005) -

CN said today the Canada Industrial Relations Board (CIRB) has been
asked by the Canadian government to determine whether specific rail
services should be maintained in Canada in the event of strikes or
lockouts involving three of the company's unions.

During the CIRB determination process, CN will continue to bargain in
Canada with the United Transportation Union (UTU), representing 2,520
brakemen and conductors; the Teamsters Canada Rail Conference (TCRC),
which represents 1,750 locomotive engineers; and the 630-member
International Brotherhood of Electrical Workers (IBEW). The company
remains optimistic settlements can be reached without labour disruption.

CN is cooperating fully with the CIRB, whose essential services review
was requested by the Honourable Joe Fontana, Minister of Labour.

Until the CIRB renders its decision on essential services, any right to
strike or lockout is suspended. After the board's determination, at
least 72 hours' strike or lockout notice would be required prior to any
legal strike or lockout.

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.

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Contact Information

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    CN
    Mark Hallman (Media)
    System Director, Media Relations
    (905) 669-3384
    or
    CN
    Robert Noorigian (Investment Community)
    Vice-President, Investor Relations
    (514) 399-0052
    www.cn.ca