NORFOLK SOUTHERN CORP

Ticker: NSC CUSIP: 655844108 Class: COM

CAMBIAR INVESTORS LLC's Holding History (CIK: 0000823621)

Note: Option positions (PUT/CALL) are excluded.

Q4 2016

Shares 417,280 Value ($000) $45,095 Avg Close $83.99 Range $74.46 - $92.84

Q3 2016

Shares 606,037 Value ($000) $58,822 Avg Close $75.16 Range $68.43 - $80.53

Q2 2016

Shares 736,634 Value ($000) $62,710 Avg Close $69.72 Range $63.83 - $76.86

Q1 2016

Shares 779,554 Value ($000) $64,898 Avg Close $61.54 Range $52.69 - $70.78

Q3 2015

Shares 441,146 Value ($000) $33,704 Avg Close $65.12 Range $57.94 - $70.74

Q4 2013

Shares 1,118,581 Value ($000) $103,838 Avg Close $65.71 Range $58.01 - $71.47

Q3 2013

Shares 1,172,562 Value ($000) $90,698 Avg Close $56.99 Range $54.14 - $60.17

Q2 2013

Shares 1,272,639 Value ($000) $92,457 Avg Close $57.67 Range $53.20 - $61.33

Q1 2013

Shares 1,541,850 Value ($000) $118,846 Avg Close $53.13 Range $46.80 - $58.24

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	417,280	$45,095	$83.99	$74.46 - $92.84
Q3 2016	606,037	$58,822	$75.16	$68.43 - $80.53
Q2 2016	736,634	$62,710	$69.72	$63.83 - $76.86
Q1 2016	779,554	$64,898	$61.54	$52.69 - $70.78
Q3 2015	441,146	$33,704	$65.12	$57.94 - $70.74
Q4 2013	1,118,581	$103,838	$65.71	$58.01 - $71.47
Q3 2013	1,172,562	$90,698	$56.99	$54.14 - $60.17
Q2 2013	1,272,639	$92,457	$57.67	$53.20 - $61.33
Q1 2013	1,541,850	$118,846	$53.13	$46.80 - $58.24