GATX CORP — Director's Dealing 2005

Feb 2, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GATX CORP (GMT)
CIK: 0000040211
Period of Report: 2005-02-01

Reporting Person: FAIRBANKS RICHARD M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-02-01	Common Stock	A	792.16	$29.35	Acquired	36410.81	Direct

Footnotes

F1: Includes that portion of (a) the quarterly payment of the annual directors' fee (485.5196 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 (306.6440 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' service on the Board.

F2: Includes 83.0060 shares acquired pursuant to a dividend reinvestment feature of the GATX Phantom Stock Plan and 48.0663 shares ac
quired pursuant to a dividend reinvestment feature of the Deferred Fee Plan.