Pocahontas Land Corporation

Pocahontas Land Corporation (PLC) is Norfolk Southern’s natural resource subsidiary and a vital contributor to its core rail business. PLC owns and/or manages some one million acres of land containing coal in West Virginia, Kentucky, Illinois, Virginia, Alabama and Tennessee.

Coal mining lessees produced a total of 25 million tons of coal in 2008, most of which was hauled by NS. To date, more than 1.95 billion tons of coal have been mined from PLC and affiliated properties. The Company is constantly seeking coal lands to ensure abundant supplies of coal tributary to NS’ rail lines to serve the markets of the 21st century. PLC estimates its remaining coal reserves to be 1.74 billion tons categorized as follows:

By Volatile Matter*

* Volatile matter is a key coal characteristic that coke producers consider in determining coal blends for their coke that goes into blast furnaces.

By Sulfur Content**

**        Compliance < 1.2 lbs. S02 / mmBtu
            Low-sulfur 1.2-2.5 lbs. S02 / mmBtu
            High-sulfur > 2.5 S02 / mmBtu

PLC has interests in joint ventures involving a state-of-the-art lumber manufacturing plant near Charleston, WV., and a lumber, kiln dry, and crosstie mill located at Duffield, VA and Marion, NC.

PLC now manages the oil and gas reserves owned by NS and its subsidiaries. PLC continues to pursue profitable growth opportunities and strives to achieve its vision to “be the most responsible, innovative, and successful owner and manager of natural resource properties.”