SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K


                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


                Date of Report (Date of earliest event reported):
                                 AUGUST 29, 2003


                              KANSAS CITY SOUTHERN
               (Exact name of company as specified in its charter)


       DELAWARE                       1-4717                    44-0663509
----------------------------   ---------------------      ----------------------
(State or other jurisdiction   (Commission file number)        (IRS Employer
     of incorporation)                                    Identification Number)

                427 WEST 12TH STREET, KANSAS CITY, MISSOURI 64105
                -------------------------------------------------
               (Address of principal executive offices) (Zip Code)


                COMPANY'S TELEPHONE NUMBER, INCLUDING AREA CODE:
                                (816) 983 - 1303


                                 NOT APPLICABLE
          (Former name or former address if changed since last report)









<PAGE>


ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS

(c)           Exhibits

              EXHIBIT NO.                   DOCUMENT
              (99)                          Additional Exhibits

              99.1                          Press Release issued by Kansas City
                                            Southern dated August 29, 2003
                                            entitled, "Kansas City Southern
                                            Reviews Mexrail Repurchase Notice"
                                            is attached hereto as Exhibit 99.1



ITEM 9.       REGULATION FD DISCLOSURE

Kansas City Southern ("KCS" or "Company") is furnishing under Item 9 of this
Current Report on Form 8-K the information included as Exhibit 99.1 to this
report. Exhibit 99.1 is the KCS news release, dated August 29, 2003,
acknowledging receipt of a letter from Jose Serrano Segovia, Chairman of Grupo
TMM, S.A. ("TMM") and of TFM, S.A. de C.V. ("TFM"), the joint-venture subsidiary
between KCS and TMM, of a demand for TFM to repurchase KCS shares of Mexrail,
Inc. ("Mexrail") sold to KCS in May 2003. KCS is reviewing the notice and will
respond appropriately within the time frame provided by the agreement under
which the repurchase option was granted. KCS will respond to the notice within
the required time frame, but this does not change KCS' position that it has a
valid agreement in place to acquire TFM. KCS also acknowledges receipt from
TMM of a notice to terminate a joint-venture agreement between the parties
entered into in 1995. See the Press Release attached as Exhibit 99.1 for further
information.

The information included in this Current Report on Form 8-K, including Exhibit
99.1, is furnished pursuant to Item 9 and shall not be deemed to be "filed" for
the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise
subject to the liabilities of that Section.



SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly caused this Report to be signed on its behalf by the undersigned
hereunto duly authorized.


                           Kansas City Southern


Date: August 29, 2003     By:      /S/ RONALD G. RUSS
                             ----------------------------------
                                       Ronald G. Russ
                          Executive Vice President and Chief Financial Officer







<PAGE>


EXHIBIT 99.1


    KANSAS CITY SOUTHERN                                           PRESS RELEASE
    Cathedral Square - 427 West 12th Street - P.O. Box 219335
    Kansas City, Missouri 64121-9335                            NYSE SYMBOL: KSU


    DATE:             AUGUST 29, 2003

    MEDIA CONTACTS:
        Mexico        Gabriel Guerra               Phone: 011-5255-5273-5359
                      gguerra@gcya.net

        U.S.          Warren K. Erdman             Phone: 816/983-1454
                      warren.k.erdman@kcsr.com
    INVESTORS CONTACT:
                      William H. Galligan          Phone: 816/983-1551
                      william.h.galligan@kcsr.com


             KANSAS CITY SOUTHERN REVIEWS MEXRAIL REPURCHASE NOTICE

          Kansas City Southern (KCS) (NYSE:KSU) today acknowledged  receipt of a
     letter from Jose Serrano Segovia,  Chairman of Grupo TMM, S.A. (TMM) and of
     TFM, S.A. de C.V. (TFM), the joint-venture  subsidiary between KCS and TMM,
     of a  demand  for TFM to  repurchase  from  KCS  shares  of  Mexrail,  Inc.
     (Mexrail)  sold to KCS in May 2003.  KCS is  reviewing  the notice and will
     respond appropriately within the time frame provided by the agreement under
     which the repurchase option was granted.

          "We have received the notice and our legal team is reviewing it," said
     Warren  Erdman,  KCS Vice  President  -  Corporate  Affairs.  "Kansas  City
     Southern is a company  that  honors its  contractual  obligations.  We will
     respond to this notice  within the required  time frame,  but this does not
     change our position that we have a valid agreement in place to acquire TFM.
     As previously announced, we plan to assert our legal rights to enforce that
     agreement."

          As part of the transactions agreed to by both KCS and TMM and publicly
     announced by both parties on April 21, 2003, TFM sold to KCS Mexrail shares
     representing  an aggregate 51 percent  ownership of Mexrail for $32,680,000
     (U.S.) in May 2003.  Mexrail,  Inc. wholly owns the Texas-Mexican  Railway,
     Inc.  (Tex-Mex).  These  shares  were  placed in trust  pending  regulatory
     approval  in the  United  States of KCS'  common  control of Tex-Mex by the
     Surface  Transportation  Board.  Repurchase  of Mexrail,  Inc. by TFM would
     return 100 percent ownership of Mexrail to KCS'  joint-venture  subsidiary,
     TFM.  If it occurs,  the  repurchase  would be at the price KCS paid TFM in
     May.

          KCS also  acknowledges  receipt  from TMM of a notice to  terminate  a
     joint-venture  agreement between the parties entered into in 1995. "We have
     had problems in the past with TMM's compliance with this agreement. We will
     deal with  these  issues at the  appropriate  time as part of our effort to
     compel TMM to honor its contractual obligations," stated Mr. Erdman.
[{"type": "8-K", "sequence": "1", "filename": "kcsmexrail8k.txt", "description": "KCS MEXRAIL REPURCHASE NOTIFICATION", "secsgml_size_bytes": 6666}]
{"company-data": {"conformed-name": "KANSAS CITY SOUTHERN", "cik": "0000054480", "assigned-sic": "4011", "irs-number": "440663509", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-04717", "film-number": "03874520"}, "business-address": {"street1": "427 WEST 12TH STREET", "city": "KANSAS CITY", "state": "MO", "zip": "64105", "phone": "8169831303"}, "mail-address": {"street1": "427 WEST 12TH STREET", "city": "KANSAS CITY", "state": "MO", "zip": "64105"}, "former-company": {"former-conformed-name": "KANSAS CITY SOUTHERN INDUSTRIES INC", "date-changed": "19920703"}}
SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                Date of Report (Date of earliest event reported):
                                 AUGUST 29, 2003

                              KANSAS CITY SOUTHERN
               (Exact name of company as specified in its charter)

       DELAWARE                       1-4717                    44-0663509
----------------------------   ---------------------      ----------------------
(State or other jurisdiction   (Commission file number)        (IRS Employer
     of incorporation)                                    Identification Number)

                427 WEST 12TH STREET, KANSAS CITY, MISSOURI 64105
                -------------------------------------------------
               (Address of principal executive offices) (Zip Code)

                COMPANY'S TELEPHONE NUMBER, INCLUDING AREA CODE:
                                (816) 983 - 1303

                                 NOT APPLICABLE
          (Former name or former address if changed since last report)
ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS

(c)           Exhibits

              EXHIBIT NO.                   DOCUMENT
              (99)                          Additional Exhibits

              99.1                          Press Release issued by Kansas City
                                            Southern dated August 29, 2003
                                            entitled, "Kansas City Southern
                                            Reviews Mexrail Repurchase Notice"
                                            is attached hereto as Exhibit 99.1

ITEM 9.       REGULATION FD DISCLOSURE

Kansas City Southern ("KCS" or "Company") is furnishing under Item 9 of this
Current Report on Form 8-K the information included as Exhibit 99.1 to this
report. Exhibit 99.1 is the KCS news release, dated August 29, 2003,
acknowledging receipt of a letter from Jose Serrano Segovia, Chairman of Grupo
TMM, S.A. ("TMM") and of TFM, S.A. de C.V. ("TFM"), the joint-venture subsidiary
between KCS and TMM, of a demand for TFM to repurchase KCS shares of Mexrail,
Inc. ("Mexrail") sold to KCS in May 2003. KCS is reviewing the notice and will
respond appropriately within the time frame provided by the agreement under
which the repurchase option was granted. KCS will respond to the notice within
the required time frame, but this does not change KCS' position that it has a
valid agreement in place to acquire TFM. KCS also acknowledges receipt from
TMM of a notice to terminate a joint-venture agreement between the parties
entered into in 1995. See the Press Release attached as Exhibit 99.1 for further
information.

The information included in this Current Report on Form 8-K, including Exhibit
99.1, is furnished pursuant to Item 9 and shall not be deemed to be "filed" for
the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise
subject to the liabilities of that Section.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly caused this Report to be signed on its behalf by the undersigned
hereunto duly authorized.

                           Kansas City Southern

Date: August 29, 2003     By:      /S/ RONALD G. RUSS
                             ----------------------------------
                                       Ronald G. Russ
                          Executive Vice President and Chief Financial Officer
EXHIBIT 99.1

    KANSAS CITY SOUTHERN                                           PRESS RELEASE
    Cathedral Square - 427 West 12th Street - P.O. Box 219335
    Kansas City, Missouri 64121-9335                            NYSE SYMBOL: KSU

    DATE:             AUGUST 29, 2003

    MEDIA CONTACTS:
        Mexico        Gabriel Guerra               Phone: 011-5255-5273-5359
                      gguerra@gcya.net

        U.S.          Warren K. Erdman             Phone: 816/983-1454
                      warren.k.erdman@kcsr.com
    INVESTORS CONTACT:
                      William H. Galligan          Phone: 816/983-1551
                      william.h.galligan@kcsr.com

             KANSAS CITY SOUTHERN REVIEWS MEXRAIL REPURCHASE NOTICE

          Kansas City Southern (KCS) (NYSE:KSU) today acknowledged  receipt of a
     letter from Jose Serrano Segovia,  Chairman of Grupo TMM, S.A. (TMM) and of
     TFM, S.A. de C.V. (TFM), the joint-venture  subsidiary between KCS and TMM,
     of a  demand  for TFM to  repurchase  from  KCS  shares  of  Mexrail,  Inc.
     (Mexrail)  sold to KCS in May 2003.  KCS is  reviewing  the notice and will
     respond appropriately within the time frame provided by the agreement under
     which the repurchase option was granted.

          "We have received the notice and our legal team is reviewing it," said
     Warren  Erdman,  KCS Vice  President  -  Corporate  Affairs.  "Kansas  City
     Southern is a company  that  honors its  contractual  obligations.  We will
     respond to this notice  within the required  time frame,  but this does not
     change our position that we have a valid agreement in place to acquire TFM.
     As previously announced, we plan to assert our legal rights to enforce that
     agreement."

          As part of the transactions agreed to by both KCS and TMM and publicly
     announced by both parties on April 21, 2003, TFM sold to KCS Mexrail shares
     representing  an aggregate 51 percent  ownership of Mexrail for $32,680,000
     (U.S.) in May 2003.  Mexrail,  Inc. wholly owns the Texas-Mexican  Railway,
     Inc.  (Tex-Mex).  These  shares  were  placed in trust  pending  regulatory
     approval  in the  United  States of KCS'  common  control of Tex-Mex by the
     Surface  Transportation  Board.  Repurchase  of Mexrail,  Inc. by TFM would
     return 100 percent ownership of Mexrail to KCS'  joint-venture  subsidiary,
     TFM.  If it occurs,  the  repurchase  would be at the price KCS paid TFM in
     May.

          KCS also  acknowledges  receipt  from TMM of a notice to  terminate  a
     joint-venture  agreement between the parties entered into in 1995. "We have
     had problems in the past with TMM's compliance with this agreement. We will
     deal with  these  issues at the  appropriate  time as part of our effort to
     compel TMM to honor its contractual obligations," stated Mr. Erdman.