GATX CORP — Director's Dealing 2004

Feb 11, 2004

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: GATX CORP (GMT)
CIK: 0000040211
Period of Report: 2003-12-01

Reporting Person: DUDDY GAIL L (Vice President Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-31	Common Stock - 401(k)	J	702.90	$27.98	Acquired	7166.01	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8994.76	Direct

Footnotes

F1: Includes 102.6619 shares acquired through the Employee Stock Purchase Plan, and 189.8295 shares acquired through the reinvestment
of dividends.

F2: These shares were acquired during the fiscal year (1/1 - 12/31) pursuant to the GATX 401(k) plan.

F3: The price of the stock is based on the closing price on 12/31