KIRBY CORP — Director's Dealing 2004

Jan 13, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KIRBY CORP (KEX)
CIK: 0000056047
Period of Report: 2004-01-12

Reporting Person: LAMONT WILLIAM M JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-12	Common Stock, par value $.10 per share	M	1500	$21.375	Acquired	6642	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-01-12	Director Stock Option (Right to Buy)	$21.375	M	1500	Disposed	2004-01-18	Common Stock (1500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.10 per share	420235	Indirect
Common Stock, par value $.10 per share	497171	Indirect

Footnotes

F1: Shares owned beneficially and of record by Mr. Lamont's wife of which Mr. Lamont disclaims any beneficial ownership.

F2: Shares owned by trusts of which Mr. Lamont's wife, Mary Noel Lamont, is the beneficiary. Mr. Lamont disclaims beneficial ownership of these shares.