CN Appoints New Head of Mechanical Department.

MONTREAL--(BUSINESS WIRE)--July 11, 1997--CANADIAN NATIONAL RAILWAY (ME, TSE CNR., NYSE CNI.) Canadian National President and Chief Executive Officer Paul M. Tellier announces the appointment of Dennis E. Waller as Vice-President, Mechanical. Waller reports to Jack T. McBain, Executive Vice-president Operations, and is based at CN's Montreal headquarters.

As vice-president Mechanical, Waller has responsibility for CN's motive power and car equipment. "Waller's experience and managerial skills will stand us in good stead as we strengthen our ability to compete in the North American marketplace," said Tellier.

Before joining CN, Waller spent his career at various Class I U.S. railroads, including the Chicago and North Western. At the time he left CNW, he was Senior Vice-President responsible for Safety, Mechanical, Engineering, and Purchases and Materials Management. Waller is a graduate of the Illinois Institute of Technology.

Canadian National is Canada's largest and North America's sixth largest freight railroad, based on 1996 revenues of $4.2 billion. It serves all of Canada, including the key ports of Vancouver, Montreal, and Halifax, as well as Chicago and Detroit, with connections to all points in North America.

CONTACT: Canadian National Railway Company 

Jean-Daniel Hamelin, 514/ 399-6630

http://www.cn.ca