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

Sep 22, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GETTY REALTY CORP /MD/ (GTY)
CIK: 0001052752
Period of Report: 2004-09-20

Reporting Person: STIRNWEIS THOMAS J (VP, CFO & Treas.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-20	Common Stock	M	2500	$16.15	Acquired	5818.00	Direct
2004-09-20	Common Stock	F	1875	$25.97	Disposed	3943.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-09-20	Stock Option (right to buy)	$16.15	M	2500	Disposed	2011-09-20	Common Stock (2500.00)	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.