CN Wins Carrier of the Year Award for Third Consecutive Year.

MONTREAL--(BUSINESS WIRE)--March 12, 1999--CN(ME:CNR.) (TSE:CNR.) (NYSE:CNI) Canadian National announced today that it has won the Carrier of the Year award for 1998 from Occidental Chemical Corporation (OxyChem) for the third consecutive year.

The award was presented to CN officials at OxyChem's headquarters in Dallas, Texas.

CN was rated first in performance, ranking ahead of eight other Class l railroads.

"We're very proud to have won this award three years running," said James Foote, CN's senior vice-president, marketing. "We are committed to providing OxyChem with safe, consistent on-time performance and helping them to succeed in their competitive markets."

This is the sixth year for the Carrier of the Year award, which OxyChem awards to a carrier that demonstrates exceptional performance. Carriers are rated for safety, on-time performance, bad-order car reporting, billing accuracy, timely reporting of quarterly reviews and carrier surveys.

In 1998, CN hauled 97,000 tons of chemical products for OxyChem, as well as 450,000 tons of industrial grade potash from the Kalium mine at Belle Plaine, Sask., to OxyChem's plants in Alabama and Delaware.

Occidental Chemical Corporation is a leading manufacturer of basic and chloro-vinyl chemicals and specialty products. Through its joint venture interest in Equistar, OxyChem also has a significant petrochemicals business. The company operates 34 manufacturing facilities worldwide with approximately 6,000 employees.

Canadian National Railway Company serves all of Canada and the U.S. Midwest, including the ports of Vancouver, Montreal, Halifax and the key cities of Toronto, Chicago, Detroit and Buffalo, with connections to all points in North America.