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(Kansas City Southern issued the following news release on November 30.)

KANSAS CITY — Kansas City Southern declared a cash dividend of $.25 per share on the outstanding 4% Non-Cumulative Preferred stock. This dividend will be payable January 17, 2006, to stockholders of record at the close of business on December 30, 2005.

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, founded in 1887, and the Texas Mexican Railway Company, founded in 1885, serving the central and south central U.S. Its international holdings include ownership of TFM, S.A. de C.V., which serves northeastern and central Mexico and the port cities of Lazaro Cardenas, Tampico and Veracruz; and a 50% interest in the Panama Canal Railway Company, which provides 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., Canada and Mexico. Visit www.kcsi.com for more information.