During 1999, NS formed a new subsidiary - Thoroughbred Technology and Telecommunications, Inc. - to participate in the telecommunications business.

Doing business as "T-Cubed," the new company pursues development opportunities with a variety of telecommunications providers.

Using NS' assets, telecommunications companies doing business with T-Cubed can reach beyond the major metropolitan markets into regional centers and even smaller locations.

"We believe the time is right to launch new telecommunications and technology business ventures that will add value to Norfolk Southern's assets," said Charles W. Moorman, president of T-Cubed.

T-Cubed also will be responsible for marketing and selling NS' information systems.