Southwest Airlines News Teleconference on 2006 Fourth Quarter Earnings

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

     WHAT:  Southwest is inviting the media to ask questions of Mr. Kelly and
            Ms. Wright about the airline's earnings for the fourth quarter
            2006.

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

     WHEN:  10:30 a.m.  central time.
            Wednesday, Jan. 17, 2007.

     HOW:   Those interested in participating in the News Teleconference
            should dial (800) 289-0743 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.

    CONTACT:  Public Relations of Southwest Airlines, +1-214-792-4847.

                           http://www.southwest.com

SOURCE Southwest Airlines

Released January 15, 2007