Union Pacific to Build New Staging Tracks in Tempe

Construction Addresses Community Concerns

Omaha, Neb., March 3, 2006 – Union Pacific Railroad today announced it has selected a location in Tempe, Ariz., for construction of two new staging tracks. Located along Union Pacific’s branch line between Baseline and Guadalupe Roads, east of Kyrene Road, the new tracks will support the growing freight shipping needs of Tempe-area businesses.

"We carefully weighed public and employee safety, as well as our ability to efficiently serve our Tempe customers, in arriving at this decision," said Tom Jacobi, Union Pacific Railroad regional vice president operations-Western Region.

Union Pacific was considering building the tracks between 13th Street and Broadway, farther north on the branch line. After analysis and meetings with Tempe elected officials, the Baseline/Guadalupe location, an area surrounded by land that is zoned for industrial use, was determined a more suitable location to address both community concerns and operation efficiency.

Crews are scheduled to begin construction of the two 2,500-foot tracks in April. Each track will be capable of temporarily staging 28 cars for the railroad’s nearly 20 customers in the Tempe area. Completion is expected in late June.

Jobs at Union Pacific

Currently, Union Pacific has job openings at many locations throughout its 23-state operating system. Opportunities are available in train service, skilled disciplines (e.g., diesel mechanics and electricians) and management. Interested applicants are encouraged to visit www.up.com and click on "Jobs at UP."

About Union Pacific

Union Pacific Corporation owns one of America’s leading transportation companies. Its principal operating company, Union Pacific Railroad, is the largest railroad in North America, covering 23 states across the western two-thirds of the United States. A strong focus on quality and a strategically advantageous route structure enable the company to serve customers in critical and fast growing markets. It is a leading carrier of low-sulfur coal used in electrical power generation and has broad coverage of the large chemical-producing areas along the Gulf Coast. With competitive long-haul routes between all major West Coast ports and eastern gateways, and as the only railroad to serve all six major gateways to Mexico, Union Pacific has the premier rail franchise in North America.

For further information, contact Mark Davis (402) 544-5459.

The statements and information contained in the news releases provided by Union Pacific speak only as of the date issued. Such information by its nature may become outdated, and investors should not assume that the statements and information contained in Union Pacific's news releases remain current after the date issued. Union Pacific makes no commitment, and disclaims any duty, to update any of this information.