Kansas City Southern Executive Committee of the Board of Directors Declares Cash Dividend on 4% Non-Cumulative Preferred Stock

Business Wire, August 22, 2006

KANSAS CITY, Mo. -- The Executive Committee of the Board of Directors of Kansas City Southern (KCS) (NYSE: KSU) declared a cash dividend of $.25 per share on KCS' outstanding 4% Non-Cumulative Preferred stock. This dividend will be payable October 3, 2006, to stockholders of record at the close of business on September 11, 2006.

Headquartered in Kansas City, Mo., KCS is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holdings include The Kansas City Southern Railway Company, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lazaro Cardenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS' North American rail holdings and strategic alliances are primary components of a NAFTA Railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada.