MONTREAL, QUEBEC (NYSE: CNI) announced today that it has won the 2006 Vendor of the Year Award in the rail category from Evergreen Shipping Agency (America) Corporation. CN won the same award in 2004.

Evergreen Shipping Agency (America) Corporation is agent for Evergreen Line, a joint service that includes Evergreen Marine (Taiwan) LTD, Evergreen Marine UK (LTD), formerly HATSU Marine LTD, Italia Marittima SpA and Evergreen Marine (Hong Kong) LTD.

CN transports over its network international containers for Evergreen between the port of Vancouver and CN terminals in Toronto, Montreal and other major centres.

Wesley Brunson, president of Evergreen Shipping Agency, said: "In 2006 CN provided excellent service to our mutual customers. A consistent high level of performance in comparison to CN's competitors has earned CN this award."

E. Hunter Harrison, president and chief executive officer of CN, said: "CN is honoured to receive this award, which recognizes the hard work and dedicated efforts of the CN team in delivering superior service to Evergreen, one of our major customers. CN is determined to remain at the forefront of rail service providers to Evergreen and to accept its challenge to continually improve our product offering."

Evergreen Shipping Agency honours one North American railway annually for excellence in the areas of quality, service and support during the preceding year. Railways are assessed in seven areas, including consistency of product, overall value to Evergreen, and conformity with the agency's quality system and information technology.

This news release contains forward-looking statements. CN cautions that, by their nature, forward-looking statements involve risk, uncertainties and assumptions, and while there may be a risk of recession in the United States economy, the Company's assumption is that positive economic conditions in North America and globally will continue, which assumption may not materialize, and that its results could differ materially from those expressed or implied in such statements. Important factors that could cause such differences include, but are not limited to, industry competition, legislative and/or regulatory developments, compliance with environmental laws and regulations, various events which could disrupt operations, including natural events such as severe weather, droughts, floods and earthquakes, the effects of adverse general economic and business conditions, inflation, currency fluctuations, changes in fuel prices, labour disruptions, environmental claims, investigations or proceedings, other types of claims and litigation, and other risks detailed from time to time in reports filed by CN with securities regulators in Canada and the United States. Reference should be made to CN's most recent Form 40-F filed with the United States Securities and Exchange Commission, its Annual Information Form filed with the Canadian securities regulators, and its 2006 Annual Consolidated Financial Statements and Notes thereto and Management's Discussion and Analysis (MD&A), as well as its 2007 quarterly consolidated financial statements and MD&A, for a summary of major risks.

CN - Canadian National Railway Company and its operating railway subsidiaries - spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the key metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth, Minn./Superior, Wis., Green Bay, Wis., Minneapolis/St. Paul, Memphis, St. Louis, and Jackson, Miss., with connections to all points in North America. For more information on CN, visit the company's website at www.cn.ca.

www.cn.ca

Contacts: CN Mark Hallman (Media) Director, Communications, Media & Eastern Region (905) 669-3384 CN Robert Noorigian (Investment Community) Vice-President, Investor Relations (514) 399-0052

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