EXHIBIT 99.1


[GRAPHIC OMITTED]




     DATE:              April 6, 2004

     MEDIA CONTACT:     William H. Galligan,              Phone: 816/983-1551
                        william.h.galligan@kcsr.com


                         KANSAS CITY SOUTHERN ANNOUNCES
            FIRST QUARTER 2004 EARNINGS RELEASE DATE, CONFERENCE CALL

Kansas City Southern  (KCS) (NYSE:  KSU) will report  financial  results for its
First Quarter 2004 on Thursday,  April 29, 2004, prior to the opening of trading
on the New York Stock Exchange (NYSE).

KCS  management  will  discuss  the  Company's   first  quarter   financial  and
operational  performance on a conference  call at 1:00 p.m. EDT, April 29, 2004.
To access the conference call,  shareholders and interested parties should dial:
1-800-955-1795 (U.S. and Canada) or 1-706-643-0096 (International).  A replay of
the  presentation  will be  available  through  May 6,  and can be  accessed  by
dialing:  1-800-642-1687  (U.S. and Canada) or  1-706-645-9291  (International),
Conference ID: 6600002.  The  accompanying  slides to the  presentation  will be
available on the KCS website,  www.kcsi.com  immediately  prior to the telephone
conference.

KCS IS COMPRISED OF, AMONG  OTHERS,  THE KANSAS CITY  SOUTHERN  RAILWAY  COMPANY
("KCSR")  AND EQUITY  INVESTMENTS  IN GRUPO TFM,  SOUTHERN  CAPITAL  CORPORATION
("SOUTHERN CAPITAL") AND PANAMA CANAL RAILWAY COMPANY ("PCRC").

THIS PRESS  RELEASE  INCLUDES  STATEMENTS  CONCERNING  POTENTIAL  FUTURE  EVENTS
INVOLVING  THE  COMPANY,  WHICH  COULD  MATERIALLY  DIFFER  FROM THE EVENTS THAT
ACTUALLY OCCUR. THE DIFFERENCES COULD BE CAUSED BY A NUMBER OF FACTORS INCLUDING
THOSE FACTORS IDENTIFIED IN THE "RISK FACTORS" AND THE "CAUTIONARY  INFORMATION"
SECTIONS OF THE COMPANY'S FORM 10-K FOR THE  YEAR-ENDED  DECEMBER 31, 2003 FILED
BY THE COMPANY WITH THE SECURITIES AND EXCHANGE  COMMISSION ("SEC")  (COMMISSION
FILE NO. 1-4717). THE COMPANY WILL NOT UPDATE ANY FORWARD-LOOKING  STATEMENTS IN
THIS PRESS RELEASE TO REFLECT FUTURE EVENTS OR DEVELOPMENTS.