Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
TRITT ROBERT L
  2. Issuer Name and Ticker or Trading Symbol
DST SYSTEMS INC [DST]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Group Vice President
(Last)
(First)
(Middle)
333 W. 11TH STREET
3. Date of Earliest Transaction (Month/Day/Year)
11/20/2007
(Street)

KANSAS CITY, MO 64105
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/20/2007   M   5,600 A $ 55.9688 107,818 D  
Common Stock 11/20/2007   F   792 D $ 82.97 107,026 D  
Common Stock 11/20/2007   M   3,840 A $ 36.5625 110,866 D  
Common Stock 11/20/2007   F   934 D $ 82.97 109,932 D  
Common Stock 11/20/2007   M   30,440 A $ 31.045 140,372 D  
Common Stock 11/20/2007   F   8,278 D $ 82.97 132,094 D  
Common Stock 11/20/2007   M   120 A $ 55.9688 132,214 D  
Common Stock 11/20/2007   F   17 D $ 82.97 132,197 D  
Common Stock 11/20/2007   S   600 D $ 80.75 131,597 D  
Common Stock 11/20/2007   S   400 D $ 80.76 131,197 D  
Common Stock 11/20/2007   S   400 D $ 80.78 130,797 D  
Common Stock 11/20/2007   S   500 D $ 80.79 130,297 D  
Common Stock 11/20/2007   S   1,079 D $ 80.8 129,218 D  
Common Stock 11/20/2007   S   400 D $ 80.81 128,818 D  
Common Stock 11/20/2007   S   300 D $ 80.83 128,518 D  
Common Stock 11/20/2007   S   200 D $ 80.87 128,318 D  
Common Stock 11/20/2007   S   900 D $ 80.9 127,418 D  
Common Stock 11/20/2007   S   500 D $ 80.91 126,918 D  
Common Stock 11/20/2007   S   500 D $ 80.92 126,418 D  
Common Stock 11/20/2007   S   100 D $ 80.93 126,318 D  
Common Stock 11/20/2007   S   100 D $ 80.94 126,218 D  
Common Stock 11/20/2007   S   400 D $ 80.95 125,818 D  
Common Stock 11/20/2007   S   300 D $ 80.96 125,518 D  
Common Stock 11/20/2007   S   5,906 D $ 81 119,612 D  
Common Stock 11/20/2007   S   2,400 D $ 81.01 117,212 D  
Common Stock 11/20/2007   S   400 D $ 81.02 116,812 D  
Common Stock 11/20/2007   S   1,110 D $ 81.03 115,702 D  
Common Stock 11/20/2007   S   300 D $ 81.04 115,402 D  
Common Stock 11/20/2007   S   1,300 D $ 81.05 114,102 D  
Common Stock 11/20/2007   S   200 D $ 81.06 113,902 (1) D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Purchase $ 55.9688 11/20/2007   M     5,600 11/14/2007 01/12/2008 Common Stock 5,600 $ 0 0 D  
Option to Purchase $ 36.5625 11/20/2007   M     3,840 05/09/2003 05/09/2010 Common Stock 3,840 $ 0 0 D  
Option to Purchase $ 31.045 11/20/2007   M     30,440 02/26/2004 11/01/2012 Common Stock 30,440 $ 0 94,702 D  
Option to Purchase $ 55.9688 11/20/2007   M     120 11/14/2003 11/14/2010 Common Stock 120 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
TRITT ROBERT L
333 W. 11TH STREET
KANSAS CITY, MO 64105
      Group Vice President  

Signatures

 Randall D. Young for Robert L. Tritt by power of attorney   11/21/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Due to the wide range of sale prices there are three Form 4 submissions related to the reporting person's filing.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.