CP Ships to Announce 2Q Results

CP Ships’ CEO Ray Miles will host a conference call and presentation to the investment community on 31st July at 9:30 am Eastern time, 2:30 pm London, UK time. The conference call and presentation will be webcast live and can be accessed through the CP Ships website (www.cpships.com). The webcast will also be available in archive through the CP Ships website until Sunday, 31st August 2003.