SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                  FORM 8-K/A-1

                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


                                 Date of Report:
                                November 10, 2003


                                DST SYSTEMS, INC.
             (Exact Name of Registrant as Specified in its Charter)

         DELAWARE                      1-14036                 43-1581814
(State or other jurisdiction   (Commission file number)       (IRS Employer
       of incorporation)                                  Identification Number)


                333 West 11th Street, Kansas City, Missouri 64105
               (Address of Principal Executive Office) (Zip Code)

                                 (816) 435-1000
               Registrant's telephone number, including area code:

                                 Not Applicable
          (Former name or former address if changed since last report)



Item 11.  TEMPORARY  SUSPENSION OF TRADING UNDER  REGISTRANT'S  EMPLOYEE BENEFIT
          PLANS

On November 10, 2003, DST Systems, Inc. (the "Company") provided a notice to its
directors and officers pursuant to Rule 104(b)(2) of Regulation BTR with respect
to the transition and blackout periods under the DST Systems, Inc. 401(k) Profit
Sharing Plan and the DST Systems of California, Inc. 401(k) Retirement Plan. The
notice is attached hereto as Exhibit 99 and is incorporated herein by reference.
The Company  received notice required by section  101(i)(2)(E) of the Employment
Retirement Income Security Act of 1974 on November 3, 2003.

                                    SIGNATURE

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                        DST SYSTEMS, INC.


Date:    November 18, 2003              By: /s/ Randall D. Young
                                            ------------------------------------
                                            Randall D. Young
                                            Vice President, General Counsel, and
                                                Secretary


EXHIBIT INDEX
-------------
Exhibit No.         Description
-----------         -----------
99                  Important Notice of DST Stock Trading Blackout Period, dated
                    November 10, 2003





              IMPORTANT NOTICE OF DST STOCK TRADING BLACKOUT PERIOD


TO:        Section 16 (b) Reporting Persons of DST Systems, Inc. ("DST")

FROM:      Randall D. Young, General Counsel

RE:        Prohibition on Trading in DST Securities During a Blackout Period

DATE:      November 10, 2003

                       ==================================

o    This notice is to advise you that there will be a blackout period under the
     two DST  401(k)  plans,  during  which  there  will be a  trading  blackout
     prohibiting you from effecting certain transactions in DST Securities.

o    During the blackout period, the ability of the 401(k) plans to trade in DST
     stock will be  suspended  in order to allow  reconciliation  of accounts in
     connection  with  (1) the  transfer  of  assets  from  the DST  Systems  of
     California,  Inc. 401(k) Retirement Plan into the DST Systems,  Inc. 401(k)
     Profit Sharing Plan as part of a merger of those plans,  and (2) the change
     in recordkeeper  for the DST Systems,  Inc. 401(k) Profit Sharing Plan from
     UMB Bank to  Marshall  & Ilsley  Trust  Company.  As  required  by the U.S.
     Department of Labor,  on November 3, 2003, we sent affected  parties notice
     of the 401(k) blackout periods.

o    THE TRADING BLACKOUT PERIOD WILL BEGIN ON DECEMBER 26, 2003 AND IS EXPECTED
     TO END ON JANUARY 23, 2004. While we expect a smooth  transition,  you will
     be notified if an extension of the blackout period is needed.

o    Because  you are a Section  16(b)  Reporting  Person,  during  the  trading
     blackout  period,  you  may not  purchase,  sell or  otherwise  acquire  or
     transfer  any equity  securities  of DST or  derivative  securities  of DST
     equity  securities  (collectively,  "DST  Securities"),  unless a  specific
     exemption applies.

o    By way of example, during the trading blackout period, you may not

          1.   Engage in open market or private  transactions  in DST Securities
               (the next  page  contains  more  information  on the  prohibition
               against dispositions of DST Securities).

          2.   Exercise DST stock options.

          3.   Direct the  transfer of funds in your 401(k) plan account into or
               out of the DST stock fund.

          4.   Allow  DST  Securities  to be used  to  satisfy  tax  withholding
               obligations.

o    However, you may,

          1.   Purchase  or  sell  DST  Securities  pursuant  to a  pre-existing
               trading   arrangement  that  satisfies  the  conditions  of  Rule
               10b5-1(c).



          2.   Purchase DST  Securities  under either of the 401(k) plans in the
               normal  course  of  on-going  employee   deferrals   pursuant  to
               directions you made prior to the trading blackout period.

          3.   Purchase  DST  Securities  in the  ordinary  course under the DST
               Systems, Inc. Employee Stock Purchase Plan.

          4.   Acquire or dispose of DST Securities  through a bona fide gift or
               a transfer  by will or the laws of descent and  distribution.  TO
               AVOID ANY DOUBT ABOUT QUALIFYING FOR THIS EXCEPTION, ALL GIFTS OF
               DST  SECURITIES TO CHARITABLE  TRUSTS AND  FOUNDATIONS  SHOULD BE
               MADE PRIOR TO DECEMBER 26, 2003.

o    The  prohibition  on  dispositions  of DST  Securities  only applies to DST
     Securities  acquired  in  connection  with your  service as a  director  or
     employee of DST.  However,  there is a rebuttable  presumption that ANY DST
     Securities  sold  during the  trading  blackout  period  were  acquired  in
     connection with your service for DST. This presumption may only be rebutted
     if you can  demonstrate  that you acquired  them prior to your service with
     DST in a transaction unrelated to your service with DST.

o    If you engage in a  transaction  in DST  Securities  in  violation of these
     restrictions,  regardless of your intent,  DST (or a DST shareholder acting
     on behalf of DST) may bring an action to recover any  profits you  realized
     as a result  of the  transaction.  In  addition,  the  Securities  Exchange
     Commission  may bring an action  seeking  to  prevent  a  violation  of the
     restrictions  from  taking  place  or to  impose  penalties  or  any  other
     available remedies.

o    You may  contact  Randall  D.  Young,  General  Counsel,  by  telephone  at
     816.435.8651  with any questions  that you may have  concerning the trading
     blackout period or the trading restrictions. ANY TRANSACTION BY YOU OR YOUR
     FAMILY  MEMBERS  INVOLVING  DST  SECURITIES  (INCLUDING  CHARITABLE  GIFTS)
     BETWEEN THE DATE OF THIS NOTICE AND THE END OF THE TRADING  BLACKOUT PERIOD
     MUST BE PRE-APPROVED BY MR. YOUNG.