NORFOLK SOUTHERN CORP

Ticker: NSC CUSIP: 655844108 Class: COM

Park Avenue Institutional Advisers LLC's Holding History (CIK: 0001640801)

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

Q2 2016

Shares 1,881 Value ($000) $160 Avg Close $69.72 Range $63.83 - $76.86

Q1 2016

Shares 1,881 Value ($000) $157 Avg Close $61.54 Range $52.69 - $70.78

Q4 2015

Shares 1,934 Value ($000) $164 Avg Close $69.12 Range $61.01 - $79.94

Q3 2015

Shares 2,005 Value ($000) $153 Avg Close $65.12 Range $57.94 - $70.74

Q2 2015

Shares 2,073 Value ($000) $181 Avg Close $77.43 Range $69.21 - $84.64

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	1,881	$160	$69.72	$63.83 - $76.86
Q1 2016	1,881	$157	$61.54	$52.69 - $70.78
Q4 2015	1,934	$164	$69.12	$61.01 - $79.94
Q3 2015	2,005	$153	$65.12	$57.94 - $70.74
Q2 2015	2,073	$181	$77.43	$69.21 - $84.64