GETTY REALTY CORP /MD/ — Director's Dealing 2004

Dec 15, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GETTY REALTY CORP /MD/ (GTY)
CIK: 0001052752
Period of Report: 2004-12-13

Reporting Person: WINTRUB WARREN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-13	Common Stock	M	1250	$11.13	Acquired	41814.00	Direct
2004-12-13	Common Stock	M	3500	$16.15	Acquired	45314.00	Direct
2004-12-13	Common Stock	M	3500	$18.30	Acquired	48814.00	Direct
2004-12-13	Common Stock	M	2500	$14.50	Acquired	51314.00	Direct
2004-12-13	Common Stock	F	5880	$29.04	Disposed	45434.00	Direct
2004-12-13	Common Stock	G	3000	$29.04	Disposed	42434.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-13	Stock Option (right to buy)	$11.13	M	1250	Disposed	2009-12-17	Common Stock (1250.00)	Direct
2004-12-13	Stock Option (right to buy)	$14.50	M	2500	Disposed	2010-12-12	Common Stock (2500.00)	Direct
2004-12-13	Stock Option (right to buy)	$16.15	M	3500	Disposed	2011-09-20	Common Stock (3500.00)	Direct
2004-12-13	Stock Option (right to buy)	$18.30	M	3500	Disposed	2012-11-12	Common Stock (3500.00)	Direct

Footnotes

F1: Upon the date first exercisable, 25% of the grant is vested and an additional 25% of the grant vests each year thereafter.