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Kansas City Southern Chairman & CEO Michael R. Haverty Named Ernst & Young Entrepreneur Of The Year(R) 2008 Award Winner in the Central Midwest Region

Kansas City Southern (KCS) (NYSE: KSU) today announced that Michael R. Haverty, KCS chairman and chief executive officer, received the Ernst & Young Entrepreneur Of The Year® 2008 Award in the transportation category in the Central Midwest regional program. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses. Mr. Haverty was selected by an independent panel of judges, and the award was presented at a gala event at the Sheraton Hotel in Overland Park, Kansas on June 18, 2008.

I am honored to accept this award and am proud to foster the entrepreneurial spirit that is part of KCS growth and success, said Mr. Haverty. In 1887, Arthur Stilwell founded KCS by building a north-south railroad in an east-west world. When we expanded into Mexico, we proved that the north-south strategy is just as relevant today as it was in Stilwells time and that the company is nimble enough to take advantage of the tremendous business opportunities.

The Ernst & Young Entrepreneur Of The Year awards celebrate their 22nd anniversary this year. The program honors entrepreneurs who have demonstrated exceptionality in such areas as innovation, financial performance and personal commitment to their businesses and communities.

Ernst & Young is pleased to honor outstanding business leaders such as Mike Haverty, said Randy Buseman, Ernst & Young Strategic Growth Partner. Winners of the Entrepreneur Of The Year award build leading businesses and contribute a great deal to the communities around them. Their success helps our area grow stronger.

As a Central Midwest award winner, Mr. Haverty is now eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2008 national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California on November 15, 2008. The awards are the culminating event of the Ernst & Young Strategic Growth Forum, the nations most prestigious gathering of high-growth, market-leading companies.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year awards are pleased to have the Ewing Marion Kauffman Foundation and SAP America as national sponsors.

In the Central Midwest, sponsors include Lockton Companies and the Kansas City Star as regional sponsors, and Faegre & Benson, Kutak Rock, and the St. Louis Business Journal as local sponsors.

About KCS

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. 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. 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.

About the Ernst & Young Entrepreneur Of The Year Awards

Ernst & Youngs Entrepreneur Of The Year is the worlds most prestigious business award for entrepreneurs. The award makes a difference through the unique way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Ernst & Young Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 130,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve potential.

For more information, please visit www.ey.com.

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

Contacts:

Kansas City Southern
Doniele Kane, 816-983-1372

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