CN
TSX : CNR
NYSE : CNI

CN

March 15, 2005 18:27 ET

CN AND TCRC AGREE TO DELAY RIGHT TO ISSUE STRIKE/LOCKOUT NOTICES UNTIL MID-MAY IN HOPES OF REACHING SETTLEMENT


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CANADIAN NATIONAL RAILWAY COMPANY

TSX SYMBOL: CNR
NYSE SYMBOL: CNI

MARCH 15, 2005 - 18:27 ET

CN AND TCRC AGREE TO DELAY RIGHT TO ISSUE
STRIKE/LOCKOUT NOTICES UNTIL MID-MAY IN HOPES
OF REACHING SETTLEMENT

MONTREAL, QUEBEC--(CCNMatthews - 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.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    CN
    Mark Hallman (Media)
    (905) 669-3384
    or
    CN
    Robert Noorigian (Investors)
    (514) 399-0052
    or
    TCRC
    Gilles Halle
    (613) 235-1828
    www.cn.ca