Union Pacific Receives Health and Productivity Management Award

Company Is Recognized for Ongoing Commitment to Employee Health and Wellness

Omaha, Neb., October 17, 2005 – The Institute for Health and Productivity Management (IHPM) has again recognized Union Pacific for its ongoing investment in employee health and wellness. The railroad is the first recipient of IHPM's Level II Corporate Health and Productivity Award. The new Level II award category recognizes past award winners that have demonstrated an on-going commitment to further integrating and enhancing their health and productivity management (HPM) strategy to achieve even better results.

"We're pleased to recognize Union Pacific as IHPM's first Level II recipient," said Joseph A. Leutzinger, chairman of IHPM's Awards Committee. "Companies like Union Pacific have fully embraced the philosophy of investing in the health of their employees, recognizing it as helping to maximize the value of their human capital assets."

An award winner in the large employer category in 2001, Union Pacific has expanded its health and wellness programs to engage all levels of employees, developed a Health Index, worked with vendors to integrate their HPM services, and integrated health initiatives into safety processes.

"At Union Pacific, employees know their health is important to us and we want to provide a culture that supports long-term positive health habits," said Barb Schaefer, senior VP-Human Resources. "Health promotion efforts and related safety initiatives are integral parts of Union Pacific's business strategy."

About IHPM

The Institute for Health and Productivity Management (IHPM) is a global enterprise founded in 1997 to establish the full value of employee health and maximize its impact on business performance. It does this by helping employers to identify the total cost impact of employee illness on business performance; choose the best opportunities to reduce that impact and improve performance; and measure the success of their efforts.

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 Anne Walsh: (402) 544-4173 

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