GATX CORP — Director's Dealing 2003

Aug 5, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GATX CORP (GMT)
CIK: 0000040211
Period of Report: 2003-08-01

Reporting Person: FAIRBANKS RICHARD M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-01	Common Stock	A	955.49	$22.24	Acquired	29143.41	Direct

Footnotes

F1: Includes that portion of (a) the quarterly payment of the annual directors' fee (640.7374 shares) credited to an account established for each director under the GATX Directors' Phantom Stock Plan ("Phantom Stock Plan") and (b) the annual retainer and meeting fee (314.7482 shares) which the reporting person elected to invest in units of phantom stock under the Directors' Deferred Fee Plan ("Deferred Fee Plan"), which in each case will be settled in common stock upon the expiration of the directors' serv

F2: Includes 159.1545 shares acquired pursuant to a dividend reinvestment feature of the GATX Phantom Stock Plan and 73.2448 shares a
cquired pursuant to a dividend reinvestment feature of the Deferred Fee Plan.