GATX CORP — Director's Dealing 2008

Aug 5, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GATX CORP (GMT)
CIK: 0000040211
Period of Report: 2008-08-01

Reporting Person: McGrath Mark G (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-08-01	Common Stock	A	888.0434	$45.24	Acquired	10633.6301	Direct

Footnotes

F1: Includes 34.9071 shares acquired pursuant to a dividend reinvestment feature of the GATX Directors' Phantom Stock Plan ("Phantom Stock Plan") and 29.7499 shares acquired pursuant to a dividend reinvestment feature of the Directors Deferred Fee Plan ("Deferred Fee Plan").

F2: Includes that portion of (a) the quarterly payment of the annual directors' fee (414.4562 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 (408.9302 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.