Credit Suisse First Boston - Union Pacific

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Track Productivity• Reduced Installation & Maintenance Costs• Extended Wear Life• Minimize Terminal Connections & Dwell Times• Manage Train Operations

Non-GAAP Definitions Debt to Capital Adjusted Debt to Capital Fuel ...

2 Overview 6 Union Pacific Franchise 10 System Map 12 Agricultural

RESTATED ARTICLES OF INCORPORATION OF UNION PACIFIC ...

Union Pacific Corporation 2002 Annual Report

Mechanical Reliability & Productivity - Union Pacific

Freight Car Productivity7-Day CarloadingsIn 000’sOnline Car InventoryIn 000’s+7%178.5311.4 +1%313.2473.1167.110% 10% Increase IncreaseRevenue Revenue Ton Ton Miles Miles - Billions Billions518.71999 20021999 2002

Track Productivity• Reduced Installation & Maintenance Costs• Extended Wear Life• Minimize Terminal Connections & Dwell Times• Manage Train Operations

Page 1 and 2: Credit Suisse First BostonMarch 12,
Page 3: Economic ViewCarload Growth2003 Vs
Page 6 and 7: Railroad ProductivityGTMs (Millions
Page 9: Locomotive PartnersAC Units with Di
Page 13 and 14: Leveraging TechnologyGPS Locomotive
Page 15 and 16: Quality Service Costs LessReduced F
Page 17 and 18: Union Pacific is Committed To Be A

Credit Suisse First Boston - Union Pacific

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