CANADIAN NATIONAL RAILWAY

Canadian National Railway Company, together with its subsidiaries, engages in the rail and related transportation business in North America. It provides transportation for various goods, including petroleum and chemicals, metals and minerals, forest products, coal, grain and fertilizers, and automotive products, as well as intermodal transportation of consumer products and manufactured goods. As of December 31, 2007, the company operated a network of approximately 20,400 route miles of track spans Canada and mid-America, connecting three coasts: the Atlantic, the Pacific, and the Gulf of Mexico. It serves ports of Vancouver; Prince Rupert; B.C.; Montreal; Halifax; and New Orleans and Mobile, Alabama, as well as the cities of Toronto, Buffalo, Chicago, Detroit, Duluth, Minnesota/Superior, Wisconsin, Green Bay, Wisconsin, Minneapolis/St. Paul, Memphis, St. Louis, and Jackson, Mississippi, with connections to various points in North America. The company was founded in 1922 and is headquartered in Montreal, Canada.