CN to report fourth-quarter 2005 financial results on Jan. 24, 2006

MONTREAL, Jan. 23, 2006 - CN will issue its fourth-quarter and full-year 2005 financial results tomorrow, Jan. 24, 2006, immediately after markets close at 4 p.m. Eastern time (ET). CN's senior officers will review the results tomorrow afternoon in a 4.30 p.m. ET presentation/conference call/webcast.

E. Hunter Harrison, president and chief executive officer of CN, will lead the presentation. Joining him will be Claude Mongeau, executive vice-president and chief financial officer; and James Foote, executive vice-president, sales and marketing.

Parties interested in participating in or listening to the conference call/presentation should telephone 1-866-542-4239 between 4.15 and 4.30 p.m. on Jan. 24, 2006.

CN will webcast the session live and supply slides supporting the presentation via the Investors' section of CN's website. Please click on “Analyst Presentations” immediately before the call. CN will archive the webcast through Feb. 10, 2006.