CP Ships Limited's 2002 Annual Report
and Management Proxy Circular have been posted on the company's website and are being mailed to shareholders.
CP Ships' Annual Meeting of Shareholders is scheduled for April 23 at
the Fairmont Royal York Hotel, 100 Front Street West, Toronto, Ontario at
2:00 pm. CP Ships plans to announce its first quarter 2003
financial results the same time as well. CEO Ray Miles will host a conference call with
the investment community starting at 9:00 am Toronto time. The conference call
will be webcast live through the CP Ships website and be available in
archive through May 23.