NORFOLK SOUTHERN CORP

Ticker: NSC CUSIP: 655844108 Class: COM

EDMOND DE ROTHSCHILD HOLDING S.A.'s Holding History (CIK: 0001649647)

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

Q3 2016

Shares 750 Value ($000) $73 Avg Close $75.16 Range $68.43 - $80.53

Q2 2016

Shares 1,662 Value ($000) $141 Avg Close $69.72 Range $63.83 - $76.86

Q1 2016

Shares 1,662 Value ($000) $138 Avg Close $61.54 Range $52.69 - $70.78

Q4 2015

Shares 1,945 Value ($000) $165 Avg Close $69.12 Range $61.01 - $79.94

Q3 2015

Shares 1,945 Value ($000) $149 Avg Close $65.12 Range $57.94 - $70.74

Q2 2015

Shares 2,570 Value ($000) $225 Avg Close $77.43 Range $69.21 - $84.64

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	750	$73	$75.16	$68.43 - $80.53
Q2 2016	1,662	$141	$69.72	$63.83 - $76.86
Q1 2016	1,662	$138	$61.54	$52.69 - $70.78
Q4 2015	1,945	$165	$69.12	$61.01 - $79.94
Q3 2015	1,945	$149	$65.12	$57.94 - $70.74
Q2 2015	2,570	$225	$77.43	$69.21 - $84.64