CN to report fourth-quarter, year-end 2008 financial results on Jan. 22, 2009

MONTREAL, Jan. 21, 2009 — CN (TSX: CNR) (NYSE: CNI) will issue its fourth-quarter and year-end 2008 financial and operating results tomorrow, Jan. 22, 2009, shortly after 4 p.m. Eastern time (ET). CN's senior officers will review the results and the railway's outlook in a conference call/webcast tomorrow afternoon starting at 4.30 p.m. ET.

Parties interested in participating in, or listening to, the presentation and following question-and-answer period by telephone should dial 1-866-542-4239 or 416-641-6114 by 4.20 p.m. ET Jan. 22.

E. Hunter Harrison, president and chief executive officer of CN, will lead the conference call; he will be joined on the call by Claude Mongeau, executive vice-president and chief financial officer, and James Foote, executive vice-president, Sales and Marketing.

CN will webcast the presentation live and furnish slides supporting the officers' remarks via the Investors section of its website. The slides will be posted shortly after 4 p.m. ET Jan. 22 under Webcasts & Events. A webcast replay of the presentation will be available shortly after the call ends.