DATE: Wednesday, July 23, 1997              TAG: 9707230598

SECTION: BUSINESS                PAGE: D1   EDITION: FINAL 

                                            LENGTH:   15 lines

NORFOLK SOUTHERN APPROVES STOCK SPLIT

The board of directors of Norfolk Southern Corp. approved a three-for-one split of its Common stock and approved payment of the regular quarterly dividend of 60 cents per share, on a pre-split basis. The dividend will be payable on Sept. 10 to holders of record on Aug. 1. The stock split is expected to be effective in September. Norfolk Southern has over 132 million shares outstanding and after the split will have over 396 million shares outstanding.

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