KIRBY


KIRBY CORPORATION                                      CONTACT:  STEVE HOLCOMB
                                                                 713-435-1135

FOR  IMMEDIATE  RELEASE
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                 KIRBY CORPORATION TO HOST INVESTOR AND ANALYST
                        MEETING ON THURSDAY, MAY 19, 2005

HOUSTON, TEXAS (MAY 12, 2005) - Kirby Corporation ("Kirby") (NYSE:KEX) will host
an  Investor  and  Analyst  Meeting  in New York City on Thursday, May 19, 2005.
Kirby's  senior  management  will  make a presentation to investors and analysts
from  2:00  p.m. (Eastern time) until approximately 5:20 p.m. (Eastern time).  A
live  webcast  of  the  presentation will be available to the public and replays
will  be  available  after the meeting.  The webcast can be accessed by visiting
Kirby's Web site at http://www.kirbycorp.com/ or by following the link below and
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selecting  the  streaming  audio  option:

http://invite.mshow.com/findshow.aspx?usertype=0&cobrand=100&shownumber=235506
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Reference: Kirby Corporation Analyst Day, show number 235506

The meeting will also include presentations by the Waterway Council, Inc. on the
United  States  inland  waterway  system  infrastructure,  by  Chemical  Market
Associates,  Inc.  on the outlook for the petrochemical industry and by Purvin &
Gertz,  Inc.  on  the  refined  petroleum  products  market.

Kirby  Corporation,  based  in  Houston,  Texas, operates inland tank barges and
towing  vessels  transporting  petrochemicals,  black  oil  products,  refined
petroleum  products  and  agricultural  chemicals  throughout  the United States
inland  waterway  system.  Through  its  diesel  engine  services segment, Kirby
provides  after-market  service  for  large  medium-speed  and high-speed diesel
engines  and  reduction  gears  used  in  marine,  power generation and railroad
applications.


     55 Waugh Drive    Suite 1000    P.O. BOX 1745    Houston, Texas 77251
                         713/435-1000   Fax 713/435/1011