Kansas City Southern (KCS) (NYSE:KSU) announced today that on February
5, 2010, Karen L. Pletz notified Michael R. Haverty, chairman and chief
executive officer of KCS, that she would not stand for reelection to the
KCS board of directors at its 2010 annual stockholders' meeting. Ms.
Pletz's decision was voluntary and not a result of any disagreement with
KCS. Her term of office as a director of KCS will expire at its 2010
annual stockholders' meeting, which is scheduled for May 6, 2010.
"We thank Karen for her service as a director of Kansas City Southern
and wish her well," stated Mr. Haverty.
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.