Southwest Airlines News Teleconference on 2007 Fourth Quarter Earnings

    WHO:   Gary Kelly, Chief Executive Officer and Vice Chairman, and Laura
           Wright, Senior Vice President and Chief Financial Officer.

    WHAT:  Upon completion of the question and answer portion of the call
           dedicated to our audience of investors/analysts, members of the
           media will be given an opportunity to ask questions of Mr. Kelly
           and Ms. Wright about the airline's earnings for the fourth quarter
           2007.

    WHERE: Mr. Kelly and Ms. Wright will be taking media calls from the
           offices of Southwest Airlines Corporate Headquarters in Dallas.


    WHEN:  10:30 a.m.  central time.
           Jan. 23, 2008

    HOW:   Those interested in participating in the News Teleconference should
           dial (800) 818-5264 up to ten minutes prior to the 10:30 a.m. start
           of the call.  Please ask to be connected to the Southwest Airlines
           conference call for analysts and news media.

A live broadcast of the conference call will be available via the Investor Relations homepage at southwest.com. A replay of the webcast will also be available on the Events Calendar in the Investor Relations section of the website.

                           http://www.southwest.com

SOURCE Southwest Airlines

Released January 18, 2008