GATX CORP — Director's Dealing 2007

May 3, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GATX CORP (GMT)
CIK: 0000040211
Period of Report: 2007-05-01

Reporting Person: HABERLI ERNST A (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-01	Common Stock	A	11.0507	$49.815	Acquired	11.0507	Direct

Footnotes

F1: Includes .0550 shares acquired pursuant to a dividend reinvestment feature of the GATX Directors' Phantom Stock Plan ("Phantom Stock Plan").

F2: Includes that portion of the quarterly payment of the annual directors' fee (10.9957 shares) credited to an account established for each director under the Phantom Stock Plan which in each case will be settled in common stock upon the expiration of the director's service on the Board.