Southwest Airlines Annual Shareholders' Meeting to Be Held Wednesday, May 21, 2008

    WHAT:        Southwest Airlines Annual Shareholders' Meeting

    WHEN:        Wednesday, May 21, 2008
                 10:00 a.m. CDT
                 -- Shareholders' Meeting begins promptly at 10:00 a.m. CDT
                 -- Live webcast available via the Investor Relations homepage
                    located at http://www.southwest.com.
                 -- Media briefing with Herb Kelleher, Colleen Barrett, and
                    Gary Kelly immediately following. The briefing room does
                    not have wi-fi access.

    WEBCAST:     A link to the webcast will be made available via the
                 Investor Relations homepage on the Southwest Airlines'
                 website.  To access the Investor Relations homepage, click on
                 "About Southwest" and select Investor Relations from the
                 "About SWA" sidebar menu.  If you are unable to participate
                 during the live audio webcast, a replay will be available on
                 the Events Calendar in the Investor Relations section of our
                 website.  (See further details below.)

                 Minimum Requirements to listen to broadcast:
                 The Windows Media Player software, downloadable free from
                 http://www.microsoft.com, and at least a 56K bps connection
                 to the Internet. If you experience problems listening to the
                 webcast, send an e-mail to: webcast@multivu.com.

    WHERE:       Southwest Airlines Headquarters
                 2702 Love Field Drive
                 Dallas, TX  75235
                 (adjacent to Dallas Love Field Airport off of Denton Drive)

    CONTACT:     Media: Public Relations (214) 792-4847
                 Investors: Investor Relations (214) 792-4415


                           http://www.southwest.com

SOURCE Southwest Airlines

Released May 16, 2008