G.I. Jobs Names Union Pacific a Top Military-Friendly Employer for Fifth Time in Six Years

Omaha, Neb., November 18, 2008 – For the fifth time in six years, G.I. Jobs, the nation's premier career guide for military job seekers, has named Union Pacific one of the nation's top Military-Friendly Employers.

"Many of the railroad's technical jobs, such as diesel locomotive mechanics and electricians, and freight car repairers, are well-suited for military members who have developed similar skills working with Armed Forces large equipment such as airplanes, ships, tanks and trucks," said Barb Schaefer, Union Pacific senior vice president - human resources. "We continue to reach out to retiring and transitioning military personnel so they know we are looking for men and women with armed services experience to join our workforce, where they receive great wages, benefits and opportunity for advancement."

Union Pacific placed third on the annual list of 50 companies, which is drawn from a pool of nearly 2,500. Criteria for the rankings include assets dedicated to military hiring, Reserve/Guard policies, percentage of new hires that are veterans, veteran training programs and previous three years' rankings.

"Hiring military veterans is good business," said Rich McCormack, who heads G.I. Jobs' list research. "The companies on our list understand that."

Lifestyles and working conditions are very similar between the military and the railroad. Many positions at Union Pacific involve outdoor work with non-traditional working hours. Military personnel tend to be flexible when it comes to relocation, which can be helpful in gaining familiarity with Union Pacific's 32,000-mile network, and in potentially advancing careers at the railroad.

Union Pacific job recruiters actively seek military personnel by attending military job fairs and transitional assistance programs, and regularly visiting major military installations.

"We have hired approximately 27,000 new employees nationwide over the past five years," Schaefer said. "We expect workforce attrition of more than 40 percent, or more than 22,000 employees, over the next five years. There has never been a better time for employment and advancement opportunities at Union Pacific."

In addition to being recognized by G.I. Jobs, Union Pacific this year earned the Freedom Award for Military Support from the Department of Defense. The honor recognized Union Pacific for its outstanding dedication to employees serving in the National Guard and Reserve.

Union Pacific recently was named by BusinessWeek as one of the top 50 places to launch a career and also has been recognized by Working Mother and Latina Style for the opportunities the company provides its workforce.

Those interested in employment opportunities should go to www.unionpacific.jobs.

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 and serves the fastest-growing U.S. population centers. Union Pacific's diversified business mix includes Agricultural Products, Automotive, Chemicals, Energy, Industrial Products and Intermodal. The railroad offers competitive long-haul 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 further information, contact Tom Lange at (402) 544-3560.

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.