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Union Pacific Corporation to Host Analyst Conference and Webcast

Omaha, Neb., October 28, 2010 – Union Pacific Corporation (NYSE: UNP) will host a live webcast of a meeting for financial analysts and investors in Chicago, Ill.  The conference will begin at 1:00 p.m. CT on Thursday, November 4, 2010 and conclude at approximately 6:00 p.m.

Interested investors may listen to the presentation via a live Internet webcast.  The audio webcast and presentation material will be available through our website at www.up.com under Investors.  To listen, please go to our website at least fifteen minutes early to register and install any necessary software.  Following the live webcast, an Internet replay of the presentation will be available through Union Pacific's website.

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. Union Pacific serves many of the fastest-growing U.S. population centers and provides Americans with a fuel-efficient, environmentally responsible  and safe mode of freight transportation. Union Pacific's diversified business mix includes Agricultural Products, Automotive, Chemicals, Energy, Industrial Products and Intermodal. The railroad emphasizes excellent customer service and offers competitive 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 Jennifer Hamann at (402) 544-4227.

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 Such information by its nature may become outdated, and investors should not assume that the statements and information contained in Union Pacific's news releases remain current after the date issued.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.