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

Feb 13, 2004

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: GETTY REALTY CORP /MD/ (GTY)
CIK: 0001052752
Period of Report: 2003-12-31

Reporting Person: LIEBOWITZ LEO (Director, Pres. & CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-31	Common Stock	G	10000	—	Disposed	0	Indirect
2003-12-31	Common Stock	G	20000	—	Acquired	20000	Indirect
2003-12-31	Common Stock	G	10000	—	Disposed	0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2288675	Direct
Common Stock	47858	Indirect
Common Stock	310957	Indirect
Common Stock	85186	Indirect
Common Stock	218437	Indirect
Common Stock	40724	Indirect

Footnotes

F1: transfer to Liebowitz Family LLC

F2: Purchase was made by GRAT. The undersigned disclaims beneficial interest in shares held by the GRAT, except to the extent of his pecuniary interest therein.

F3: A limited liability company, as to which the undersigned is president and disclaims beneficial ownership, execpt to the extent of his pecuniary interest therein.

F4: Purchase was made by Spouse's GRAT. The undersigned disclaims beneficial interest in shares held by Spouse's GRAT.