Union Pacific Honored for Its Support of Public High School Principals

Omaha, Neb., February 24, 2005 – Union Pacific will be honored Friday, February 25, 2005, by the National Association of Secondary School Principals (NASSP) for its support of public high school principals.

Union Pacific Chairman and CEO Dick Davidson will accept the NASSP’s Distinguished Service Award for "The Principals’ Partnership," a professional resource program for public high school principals that Union Pacific launched in 2002. The Principals’ Partnership helps fulfill principals’ leadership needs through a number of opportunities, including research, networking and workshops. For example, The Principals’ Partnership picks up the cost of private, one on one sessions between private education consultants and principals to address specific issues or needs. The Principals’ Partnership also holds a professional conference every year, free to participating public high school principals.

More than 800 public high school principals in key communities served by Union Pacific Railroad participate in the program and Union Pacific’s goal is to have more than 1,000 principals from its 23-state service territory enrolled by 2007. The Principals’ Partnership is available to public high school principals in Arizona, California, Idaho, Illinois, Iowa, Minnesota, Missouri, Montana, Nevada, New Mexico, Oregon, Texas, Utah, Washington, Wisconsin and Wyoming.

"We believe strong schools build strong communities, and to that end we are proud to support the leadership of our high schools, the principal," said Dick Davidson, chairman and CEO of Union Pacific.

Cindy Rudrud, NASSP Board President, will present the award to Davidson at the kickoff session of NASSP’s annual conference in San Francisco.

"We are very pleased to recognize Union Pacific for the extraordinary support they have given to school leaders over the years," said Cindy Rudrud. "Today’s public schools face tremendous challenges that require significant community support, particularly from the business sector. Union Pacific is just the type of good corporate citizen we need to create strong schools."

Previous winners of the NASSP award include the Bill and Melinda Gates Foundation, and Junior Achievement.

The National Association of Secondary School Principals, in existence since 1916, is the preeminent organization for middle and high school principals across the country. The mission of NASSP is to promote excellence in school leadership.

Union Pacific Corporation owns one of America’s leading transportation companies. Its principal operating company, Union Pacific Railroad, is the largest railroad in North America, covering 23 states across the western two-thirds of the United States. A strong focus on quality and a strategically advantageous route structure enable the company to serve customers in critical and fast growing markets. It is a leading carrier of low-sulfur coal used in electrical power generation and has broad coverage of the large chemical-producing areas along the Gulf Coast. With competitive long-haul routes between all major West Coast ports and eastern gateways, and as the only railroad to serve all six major gateways to Mexico, Union Pacific has the premier rail franchise in North America.

For further information, contact Mark Davis at (402) 544-5459, or Gene Hinkle at (402) 514-9406.

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.