Kansas City Southern Declares Dividends on 4% Non-Cumulative Preferred Stock and Common Stock

  Kansas City Southern Declares Dividends on 4% Non-Cumulative Preferred Stock
  and Common Stock

Business Wire

KANSAS CITY, Mo. -- November 16, 2012

Kansas City Southern’s (KCS) (NYSE:KSU) Board of Directors on November 15,
2012 declared a regular cash dividend of $0.25 per share on the outstanding
KCS 4% non-cumulative preferred stock. The dividend is payable on December 27,
2012 to preferred stockholders of record at the close of business on December
10, 2012.

The Board of Directors also declared a regular cash dividend of $0.195 per
share on the outstanding KCS common stock. This dividend is payable on
December 28, 2012, to common stockholders of record at the close of business
on December 10, 2012.

The Board considered uncertainty about United States income tax rates beyond
2012 in determining the payable date of this fourth quarter 2012 dividend from
the normal January 2013 payable date. The Board expects to continue issuing
dividend payments on the Company's normal dividend payment schedule in 2013,
commencing with the first quarter 2013 dividend payments, which would be
payable in April 2013. In such case, the holders of the Company's outstanding
4% Preferred Stock and outstanding common stock would receive three cash
dividend payments in calendar year 2013 as a result of the advancement of this
fourth quarter 2012 dividend payment.

Headquartered in Kansas City, Mo., Kansas City Southern is a transportation
holding company that has railroad investments in the U.S., Mexico and Panama.
Its primary U.S. holding is 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 Lázaro Cárdenas, 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. Kansas City Southern's 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.

This news release contains “forward-looking statements” within the meaning of
the securities laws concerning potential future events involving KCS and its
subsidiaries, which could materially differ from the events that actually
occur. The words “projects,” “estimates,” “forecasts,” “believes,” “intends,”
“expects,” “anticipates,” and similar expressions are intended to identify
forward-looking statements. Such forward-looking statements are based upon
information currently available to management and management’s perception
thereof as of the date of this news release. Differences that actually occur
could be caused by a number of external factors over which management has
little or no control, including: competition and consolidation within the
transportation industry; the business environment in industries that produce
and consume rail freight; revocation of the rail concession of KCS’s
subsidiary, Kansas City Southern de México, S.A. de C.V.; the termination, or
failure to renew, agreements with customers, other railroads and third
parties; interest rates; access to capital; disruptions to the KCS’s
technology infrastructure, including its computer systems; natural events such
as severe weather, hurricanes and floods; market and regulatory responses to
climate change; credit risk of customers and counterparties and their failure
to meet their financial obligation; legislative and regulatory developments
and disputes; rail accidents or other incidents or accidents along the KCS’s
rail network, facilities or customer facilities involving the release of
hazardous materials, including toxic inhalation hazards; fluctuation in prices
or availability of key materials, in particular diesel fuel; changes in
securities and capital markets; loss of key personnel; labor difficulties,
including strikes and work stoppages; insufficiency of insurance to cover lost
revenue, profits or other damages; acts of terrorism or risk of terrorist
activities; war or risk of war; domestic and international economic
conditions; political and economic conditions in Mexico and the level of trade
between the United States and Mexico; the outcome of claims and litigation
involving KCS or its subsidiaries; and other factors affecting the operation
of the business. More detailed information about these factors may be found in
filings by KCS with the Securities and Exchange Commission, including the
KCS’s Annual Report on Form 10-K for the year ended December 31, 2011 (File
No. 1-4717) and subsequent Quarterly Reports on Form 10-Q. Forward-looking
statements are not, and should not be relied upon as, a guarantee of future
performance or results, nor will they necessarily prove to be accurate
indications of the times at or by which any such performance or results will
be achieved. As a result, actual outcomes and results may differ materially
from those expressed in forward-looking statements. KCS is not obligated to
update any forward-looking statements in this news release to reflect future
events or developments.


Kansas City Southern
William H. Galligan, 816-983-1551
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