Norfolk Southern Increases Dividend

NORFOLK, Va., Jan. 22 /PRNewswire-FirstCall/ -- Norfolk Southern
Corporation (NYSE: NSC) announced that its Board of Directors today voted to
increase the regular quarterly dividend on the company's common stock by 12
percent, or 3 cents per share, to 29 cents per share. The increased dividend
is payable on March 10 to stockholders of record on Feb. 1.
Today's dividend increase is in addition to an 18 percent increase
announced in July 2007. In total, Norfolk Southern has increased its dividend
32 percent over the last 12 months.
Since its inception in 1982, Norfolk Southern has paid dividends on its
common stock for 102 consecutive quarters.
Norfolk Southern Corporation is one of the nation's premier transportation
companies. Its Norfolk Southern Railway subsidiary operates approximately
21,000 route miles in 22 states and the District of Columbia, serving every
major container port in the eastern United States and providing superior
connections to western rail carriers. Norfolk Southern operates the most
extensive intermodal network in the East and is North America's largest rail
carrier of metals and automotive products.
SOURCE Norfolk Southern Corporation

Media, Frank Brown, +1-757-629-2714, frank.brown@nscorp.com, or Investors,
Leanne Marilley, +1-757-629-2861, leanne.marilley@nscorp.com, both of Norfolk
Southern Corporation