1. TRANSPORTE INTERNACIONAL & SUPPLY CHAIN INTEGRATION 2008 U.S.-Mexico Chamber of Commerce Irving, Texas September 22-24, 2008

2. Union Pacific Franchise 2007 - $15.5 Billion Industrial Products $3.1 B Intermodal $2.9 B Energy $3.1 B Automotive $1.5 B Agricultural Products $2.6 B Chemicals $2.3 B CP Fast Facts Commodity Revenue $15.5 B Route Miles32,200 in 23 States Employees49,000 Annual Payroll$3.9 B Customers25,000 Locomotives 8,700

3. Mexico Markets Revenue Distribution 2007 Revenue $1.442 Billion Energy $1M (<1%) Agricultural Products $431M (30%) Automotive $428M (30%) Industrial Products $318M (22%) Chemicals $134M (9%) Gateway Breakdown (Volume) By Commodity Note: Volume data from Border Crossing Reports, ICSC Intermodal $130M (9%)

4. UNION PACIFIC AND THE ENVIRONMENT “At Union Pacific Railroad, we are committed to protecting the environment, now and for future generations. Our employees, customers, shareholders and the communities we serve can expect our full compliance with all laws and regulations. Union Pacific is developing and investing in new technologies that provide for cleaner air and water, including a locomotive fleet that’s the greenest in the industry. Our employees understand that protecting the environment is part of every job, and they are creating and implementing world-class energy-conservation techniques that are helping us to move more freight with less fuel. We will continue our leadership in caring for the environment while delivering the goods that America needs.” — Chairman and Chief Executive Officer, Jim Young

5. Focused on Environmental Improvements Tier 2 Locomotives Smart Start Gen-Set Yard Locomotives

6. Focused on Environmental Improvements Green Goats Hybrid Yard Locomotives Diesel Particulate Filters Oxidation Catalyst Devices Reduced Locomotive Idling

7. GREEN RAILROAD UNION PACIFIC CENTER, OMAHA IS ONE THE MOST ENERGY-EFFICIENT BUILDINGS REDUCE, RECYCLE, RENEW FUEL MASTERS PROGRAM EMERGENCY RESPONSE COMMITTEES

8. Rail – The Green Alternative Environmental Fast Facts Railroads are three times more fuel efficient and cleaner than trucks If just 10% of the freight moved by highway were diverted to rail, save as much as $1 billion in fuel annually Since 1980, Railroads improved fuel efficiency by 72 %

9. Rail – The Green Alternative Environmental Fast Facts Moves 1 ton 436 miles on a gallon of diesel (2007) - three times more fuel efficient than trucks UP is part of SMARTWAY TRANSPORTATION PARTNERSHIP Reduces Greenhouse Gas Emissions by 67% Since 2000, UP Reduced NOx 60% Reduced Particulate Matter Emissions 40%

10. INTERMODAL SERVICE  ONE DOUBLE STACK TRAIN CAN HAUL AS MUCH AS 280 TRUCKS

11. Distribution Center Manufacturer Retail Store On Dock International 20’,40’,45’ Intermodal Ramp Off Dock International Intermodal Ramp Domestic 48’ & 53’ 20’,40’,45’ Intermodal: Flexible and Cost Efficient Intermodal Ramp

12. UP has Superior Routes in Most Major Lanes Access –Route Advantage: Fast Growing LA- Texas/Southeast Market North/South Lanes PNW - Memphis Northern California – Chicago –West Coast Ports –Mexico Border Crossings Infrastructure –New Terminals –EMP Box Ownership Advantage Lane Neutral Lane Oakland Los Angeles Portland Seattle/ Tacoma Chicago Memphis New Orleans Laredo Dallas Houston Shreveport Atlanta

13. 4 Terminal Expansions 4 New Terminals 4 Planned Terminals Los Angeles Dallas Laredo El Paso Chicago Shreveport New Orleans Oakland Memphis I-5 Central Sunset North-South Lathrop Houston San Antonio Salt Lake City Atlanta Tacoma Increasing Capacity to Support Your Growth Clearing Tunnels for Doublestack New CTC Double- Tracking

14. FXE KCSM Union Pacific Offers Most Direct and Comprehensive Mexico Access Hermosillo Chihuahua Monterrey Culiacán Querétaro Nogales El Paso Laredo Torreón Aguascalientes Guadalajara Mexico City San Luis Potosí Saltillo Nogales El Paso Laredo Houston New Orleans KC Chicago St. Louis Tucson Dallas Memphis LA San Antonio > 200 Maquilas > 400 Maquilas Maquila Source: Twin Plant News