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9 Mario Gabelli Norfolk Southern Corp. transactions

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Sold -10 Thousand shares Q3 2006

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Sold 9.1% shares (-1 Thousand shares) Q2 2005

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Sold 15.4% shares (-2 Thousand shares) Q1 2004

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Sold 23.5% shares (-4 Thousand shares) Q3 2003

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Sold 52.8% shares (-19 Thousand shares) Q2 2003

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Increased shares by 80.0% (+16 Thousand shares) Q1 2003

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Sold 25.9% shares (-7 Thousand shares) Q4 2002

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Sold 15.6% shares (-5 Thousand shares) Q3 2002

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New holding (+32 Thousand shares) Q2 2002

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