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Union Pacific's Rob Knight Named Best CFO

Knight tops Institutional Investor's All-America Executive Team list five consecutive years

Omaha, Neb., January 15, 2018

Institutional Investor magazine named Union Pacific Executive Vice President and Chief Financial Officer Rob Knight Best CFO for the fifth consecutive year in its 2018 All-America Executive Team list of transportation companies. He topped the Best CFO lists in the overall and buy-side categories. Rankings are determined by Institutional Investor’s annual survey of the country’s top analysts and portfolio managers. Union Pacific also received high marks in the Best Investor Relations Program and Analyst Days categories.

“It is truly an honor to be recognized by our owners and those in the sell-side community who cover us,” Knight said. “This reflects our entire team’s focus on saying what we do and doing what we say with clarity, and having an unrelenting focus on driving shareholder value.”

Knight is responsible for all Union Pacific Railroad and the Union Pacific Corporation financial activities. He is a member of the Grupo Ferroviario Mexicano and TTX Company boards of directors. Knight began his career with Union Pacific Corporation in 1980 and has held various positions including vice president and general manager-Energy; vice president and general manager-Automotive, and senior vice president-Finance.

Institutional Investor is a leader in survey-based rankings. Its Research Team rankings identify the top analysts covering the Asian, European, Japanese, Latin American and U.S. equity markets. For the past 15 years, Institutional Investor provided independent analyses of companies’ investor relations programs, in conjunction with its Executive Team rankings.

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 2007-2016, Union Pacific invested approximately $34 billion in its network and operations to support America's transportation infrastructure. The railroad's diversified business mix is classified into its Agricultural Products, Energy, and Industrial and Premium business groups. 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 media contact: Raquel Espinoza at 402-544-5034 or respinoza@up.com

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.