GETTY REALTY CORP /MD/ — Director's Dealing 2003

Sep 24, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GETTY REALTY CORP /MD/ (GTY)
CIK: 0001052752
Period of Report: 2003-09-10

Reporting Person: SAFENOWITZ HOWARD B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-09-10	Common Stock	J	49132	$24.40	Acquired	164692	Direct
2003-09-10	Common Stock	J	29565	$24.40	Acquired	127803	Indirect
2003-09-10	Common Stock	J	327093	$24.40	Acquired	1837894	Indirect
2003-09-10	Series A Preferred Stock	J	43434	$27.60	Disposed	0	Direct
2003-09-10	Series A Preferred Stock	J	26136	$27.60	Disposed	0	Indirect
2003-09-10	Series A Preferred Stock	J	289156	$27.60	Disposed	0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	23479	Indirect
Common Stock	12443	Indirect
Common Stock	11523	Indirect
Common Stock	515000	Indirect

Footnotes

F1: This reporting person converted shares of Series A Convertible Preferred Stock, at a fixed conversion ratio of 1.1312 :1, to shares of the issuer's common stock, pursuant to the terms of the Series A Preferred Stock, resulting in the disposition of such Preferred Stock and the acquisition of common stock.

F2: As Co-Trustee of The Marilyn Safenowitz Irrevocable Trust u/a/d 12/13/94, in which he has no beneficial interest.

F3: Shares held by The Safenowitz Partners, LP ( the ''Limited Partnership''). The undersigned is the President of Safenowitz Family Corp., which is the General Partner of the Limited Partnership. The undersigned disclaims beneficial ownership of the shares held by the Limited Partnership, except to the extent of his pecuniary interest therein.

F4: Owned by Spouse. The undersigned disclaims beneficial ownership in these shares.

F5: As President of the General Partner of The Safenowitz Family Partnership, LP. The undersigned disclaims beneficial ownership of the shares held by the Partnership, except to the extent of his pecuniary interest therein.