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Bloomberg BusinessWeek Names Union Pacific No. 5 on Top 50 Performing Companies List

Omaha, Neb., January 23, 2012 – Bloomberg BusinessWeek named Union Pacific No. 5 on the magazine's 2012 list of top 50 performing companies.  The Bloomberg BusinessWeek 50 evaluates companies on their one-year and five-year risk-adjusted returns, consensus analyst recommendations, and projected earnings growth. Companies are ranked against other members of the S&P 500 stock index on each of those four factors.

"Our employees' focus on safety, service and efficiency, along with our record levels of capital investment, are creating excellent value for our customers, increasing profitability for Union Pacific and generating greater rewards for our shareholders," said Jim Young, Union Pacific chairman and chief executive officer. "As we celebrate 150 years of Union Pacific, we continuously strive to work safely, develop innovative freight transportation solutions for our customers, and deliver strong returns to our shareholders."

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.

Union Pacific media 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.