KIRBY CORP — Director's Dealing 2007

Feb 9, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KIRBY CORP (KEX)
CIK: 0000056047
Period of Report: 2007-02-07

Reporting Person: VALERIUS STEVEN P (Pres. Kirby Inland Marine, LP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-07	Common Stock, par value $.10 per share	F	349	$35.64	Disposed	54236	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.10 per share	2002	Indirect
Common Stock, par value $.10 per share	44818	Indirect
Common Stock, par value $.10 per share	1746	Indirect

Footnotes

F1: Shares owned beneficially and of record by Mr. Valerius' wife. Mr. Valerius disclaims ownership of the shares.

F2: Shares owned beneficially and of record by Mr. Valerius' wife through the Kirby Corporation 401(k) Plan. Mr. Valerius disclaims ownership of the shares.