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Union Pacific Distribution Services Receives Chrysler Partnership Award

Omaha, Neb., May 29, 2012 – Chrysler presented Union Pacific Distribution Services (UPDS) with the 2011 Chrysler Partnership Award at the annual Chrysler Carrier Conference in Auburn Hills, Mich. UPDS was recognized for its commitment as a supply chain partner and its cost saving initiatives such as transit reduction, truck conversion and supplier coordination.

"Union Pacific Distribution Services values our partnership with Chrysler and is honored to receive this prestigious recognition," said Kate Betsworth, assistant vice president and general manager – UPDS. "This award reflects our commitment to creating value for our customers by providing safe and reliable transportation logistics."

UPDS is a wholly owned subsidiary of Union Pacific Railroad specializing in designing and executing rail-based logistics programs.  UPDS provides seamless door-to-door transportation products by combining the economies of long-haul rail service with the flexibility of over the road movements.

About Union Pacific

It was 150 years ago that Abraham Lincoln signed the Pacific Railway Act of July 1,1862, creating the original Union Pacific. One of America's iconic companies, today, Union Pacific Railroad is the principal operating company of Union Pacific Corporation (NYSE: UNP), linking 23 states in the western two-thirds of the country by rail and providing freight solutions and logistics expertise to the global supply chain. From 2000 through 2011, Union Pacific spent more than $31 billion on its network and operations, making needed investments in America's infrastructure and enhancing its ability to provide safe, reliable, fuel-efficient and environmentally responsible freight transportation. Union Pacific's diversified business mix includes Agricultural Products, Automotive, Chemicals, Energy, Industrial Products and Intermodal. The railroad serves many of the fastest-growing U.S. population centers and emphasizes excellent customer service. Union Pacific operates competitive routes from all major West Coast and Gulf Coast ports to eastern gateways, connects with Canada's rail systems and is the only railroad serving all six major Mexico gateways.

For additional information, contact: Tom Lange at 402-544-3560 or tomlange@up.com, @tlange23.

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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.