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Financial

Union Pacific Corporation CFO Rob Knight to Address the Cowen and Company 9th Annual Global Transportation Conference

Omaha, Nebraska, August 31, 2016

Rob Knight, chief financial officer of Union Pacific Corporation (NYSE: UNP), will address the Cowen and Company 9th Annual Global Transportation Conference at 9:45 a.m. ET on Wednesday, September 7, 2016, in Boston, Massachusetts.

Interested investors may view the presentation and listen to a live Internet webcast through our website at www.up.com/investor. Alternatively, the audio portion can be accessed directly through the following webcast link.

A replay of the audio webcast will be available shortly thereafter on Union Pacific's Investors website.

ABOUT UNION PACIFIC

Union Pacific Railroad is the principal operating company of Union Pacific Corporation (NYSE: UNP). One of America's most recognized companies, Union Pacific Railroad connects 23 states in the western two-thirds of the country by rail, providing a critical link in the global supply chain. From 2006-2015, Union Pacific invested approximately $33 billion in its network and operations to support America's transportation infrastructure. The railroad's diversified business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Union Pacific serves many of the fastest-growing U.S. population centers, operates 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. Union Pacific provides value to its roughly 10,000 customers by delivering products in a safe, reliable, fuel-efficient and environmentally responsible manner.

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 Such information by its nature may become outdated, and investors should not assume that the statements and information contained in Union Pacific's news releases remain current after the date issued.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