CN declares third-quarter 2010 dividend

MONTREAL, July 22, 2010 — CN (TSX: CNR)(NYSE: CNI) announced today that its Board of Directors has approved a third-quarter 2010 dividend on the Company's common shares outstanding. A quarterly dividend of 27 cents (C$0.27) per common share will be paid on Sept. 30, 2010, to shareholders of record at the close of business on Sept. 9, 2010.

About CN

CN – Canadian National Railway Company and its operating railway subsidiaries – 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 metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth, Minn./Superior, Wis., Green Bay, Wis., Minneapolis/St. Paul, Memphis, and Jackson, Miss., with connections to all points in North America.

Contacts

Media

Louis-Antoine Paquin
Manager, Corporate Communications
Communications and Public Affairs
Phone: 514-399-6450
Email Louis-Antoine

Investment Community

Robert Noorigian
Vice-president
Investor Relations
Phone: 514-399-0052
Email Robert