Union Pacific Named a Top 50 Employer for Hispanic Working Women

Omaha, Neb., September 20, 2006 – For the fourth consecutive year, Union Pacific has been selected by LATINA Style Magazine as one of the LATINA Style 50 best companies for Latina employees in the United States.

The annual award is given to companies that provide sensitivity to professional Hispanic women’s needs and goals in the workplace. This is the ninth year the magazine has presented the recognition, and the report of the top 50 companies is considered the most respected survey of corporate America’s policies and practices as they pertain to professional Hispanic women.

"We are honored LATINA Style has again named us one of the 50 best companies for Latina employees," said Barb Schaefer, senior vice president – Human Resources. "We make a strong effort to offer policies and programs to help us recruit and retain the best employees. This recognition truly validates our efforts."

"Slowly but surely, Latinas are making progress in climbing the corporate ladder. However, we still have a long way to go to achieve parity. As the only national Latina publication focusing on the needs and aspirations of professional Latinas, we have a duty to keep Hispanic women informed about corporate America’s best employment practices. We have gone to great lengths to provide a reliable resource for Latinas to evaluate companies, so they can be confident that the 2005 LATINA Style 50 truly represents some of the best opportunities corporate America has to offer," said Robert E. Bard, president and CEO of LATINA Style Magazine.

Union Pacific’s strengths include practices and policies that promote recruitment and advancement opportunities for women, employee benefits, work/life balance initiatives, mentoring and leadership training. Advertising and recruitment efforts in Hispanic media as well as Union Pacific’s three branches of its Latino Employee Network were also considered positive initiatives.

Companies responding to LATINA Style’s questionnaire were evaluated based on workplace issues that LATINA Style readers identified as the most important to them. Among the principal areas evaluated were: number of Latina executives, mentoring programs, Latina board members, educational opportunities, alternative work policies, dependent/child care support, employee benefits, women’s issues, downsize retraining and Hispanic relations. This year, more than 800 corporations were considered for the special recognition.

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, 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 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.