FOR IMMEDIATE RELEASE FEBRUARY 6, 2001 NORFOLK SOUTHERN ANNOUNCES CLOSING OF NOTES SALE NORFOLK, VA - Norfolk Southern Corporation (NYSE: NSC) today announced it closed the sale of $1 billion aggregate principal amount of its Senior Notes -- $300 million at 6 3/4% due in 2011 and $700 million at 7 1/4% due in 2031 -- through underwriters led by Merrill Lynch & Co. and Morgan Stanley Dean Witter. The proceeds will be used to reduce commercial paper borrowings. Norfolk Southern Corporation, a Virginia-based holding company with headquarters in Norfolk, owns a major freight railroad, Norfolk Southern Railway Company, which operates approximately 21,800 miles of road in 22 states, the District of Columbia and the province of Ontario. # # # Media Contact: Bob Fort, Norfolk, 757-629-2710 World Wide Web Site: www.nscorp.com