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Union Pacific Building $43 Million High Bridge in Boone, Iowa

New facility expected to generate strong economic development for the area

Omaha, Neb., September 07, 2007 – Today, Union Pacific announced that construction is underway on the $43 million double-track high bridge. When the 2,550-foot long and 190-foot high structure is completed, it will be one of the highest double-track railroad bridges in North America. The new bridge will improve operational efficiency in anticipation of expected growth in our customers' businesses and increased freight volumes.

"The new Boone High Bridge is a modern-day engineering feat that will enhance our long-term ability to improve operational efficiency and customer service," said Bill Wimmer, vice president - Engineering. "This is the type of major investment in replacement infrastructure that railroads must make, but will be able to afford only if they can obtain adequate revenues."

OCCI, Inc. based in Fulton, Missouri, is the contractor that was awarded the project and Omaha-based HDR Engineering Inc., provided the engineering, drawings and obtained the necessary permits for the construction of the bridge.

Construction on the bridge began in March and is scheduled to be completed by November 2008.

(See 2009 Boone High Bridge Update.)

About Union Pacific

Union Pacific Corporation owns one of America's leading transportation companies. Its principal operating company, Union Pacific Railroad, links 23 states in the western two-thirds of the country. Union Pacific serves many of the fastest-growing U.S. population centers and provides Americans with a fuel-efficient, environmentally responsible and safe mode of freight transportation. Union Pacific's diversified business mix includes Agricultural Products, Automotive, Chemicals, Energy, Industrial Products and Intermodal. The railroad emphasizes excellent customer service and offers competitive routes from all major West Coast and Gulf Coast ports to eastern gateways. Union Pacific connects with Canada's rail systems and is the only railroad serving all six major gateways to Mexico, making it North America's premier rail franchise.

For more information, contact Mark Davis at 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 Such information by its nature may become outdated, and investors should not assume that the statements and information contained in Union Pacific's news releases remain current after the date issued.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.