Canadian Pacific Selects GE Transportation’s Trip Optimizer for Significant Locomotive Fuel Savings

Erie, Penn. - GE Transportation announced today that it has been awarded a contract by Canadian Pacific Railway Limited (TSX/NYSE: CP) to equip 200 locomotives with its Trip Optimizer fuel savings product.

Trip Optimizer, a product of EcomaginationSM, is an advanced energy management system that optimizes fuel consumption based on a specific train’s makeup and the route being traveled. The system calculates a fuel optimal speed profile for the trip and then automatically controls the throttle to maintain that planned speed. Trip Optimizer uses GPS, a digital track database and advanced algorithms that automatically learn the train’s characteristics throughout the trip to achieve the fuel savings. The system evaluates train length, weight, grade, track conditions, weather and locomotive performance to calculate the most efficient way of running the train while maintaining smooth train handling. Operation of Trip Optimizer is similar to the autopilot feature in today’s jetliners. Train crews retain responsibility for safe operation of the train and can engage or disengage the system at any time.

Trip Optimizer was tested on 18 CP-owned GE Evolution® Series locomotives. The pilot testing was conducted in three subdivisions that have significantly different geographical characteristics including mountainous regions in British Columbia, the Saskatchewan prairies and undulating, winding track in Northern Ontario. More than 500 train starts and 50,000 revenue miles were accumulated during the test.

“Results measured by CP on intermodal freight of various train lengths have shown a fuel savings ranging from 6% to more than 10% depending on territory,” said Pierre Comte, President GE Transportation Intelligent Control Systems. “After years of research and a considerable investment, we’re proud to work with CP to launch this groundbreaking product. Trip Optimizer is proving to be the future of fuel conservation and resulting emissions reductions for railroads around the world.”

Trip Optimizer can be deployed fleet wide today on GE Evolution Series Locomotives as a turnkey system. The product can also be combined with a full suite of fuel savings products from GE, including LOCOTROL® Distributed Power, for more savings. Additional versions of Trip Optimizer for use on other locomotive types will be available beginning in 2010. Currently, other pilots are being conducted in various global regions including bulk commodity testing that is showing even greater fuel savings. If every train in North America used Trip Optimizer it would save approximately 630 million gallons of fuel per year, the equivalent of eliminating more than one million cars from the road.

More than 3200 Evolution locomotives are currently operating in the United States, Canada, Mexico, Brazil, China, Mongolia, Australia, Kazakhstan and Egypt, and approximately 17,000 GE locomotives are in use in more than 50 countries around the world.

Ecomagination is a GE-wide initiative to help meet customer demand for more energy-efficient products while generating profitable growth for the company.

About GE Transportation

Established more than 100 years ago, GE Transportation, a unit of General Electric Company (NYSE: GE), is a global technology leader and supplier to the railroad, marine, drilling, mining and wind industries. GE provides freight and passenger locomotives, railway signaling and communications systems, information technology solutions, marine engines, motorized drive systems for mining trucks and drills, high-quality replacement parts and value added services. GE Transportation is headquartered in Erie, Pennsylvania, USA, and employs approximately 10,000 employees worldwide. For more information visit www.getransportation.com.

About Canadian Pacific

Canadian Pacific, through the ingenuity of its employees located across Canada and in the United States, remains committed to being the safest, most fluid railway in North America. Our people are the key to delivering innovative transportation solutions to our customers and to ensure the safe operation of our trains through the more than 900 communities where we operate. Canadian Pacific is proud to be the official rail freight services provider for the Vancouver 2010 Olympic and Paralympic Winter Games.