LANDSTAR SYSTEM INC — Director's Dealing 2008

Feb 8, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDSTAR SYSTEM INC (LSTR)
CIK: 0000853816
Period of Report: 2008-02-06

Reporting Person: Thomas Larry S (Vice President - CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-06	Common Stock	M	1064	$13.1075	Acquired	18972	Direct
2008-02-06	Common Stock	M	3200	$14.6207	Acquired	22172	Direct
2008-02-06	Common Stock	S	1064	$47.85	Disposed	21108	Direct
2008-02-06	Common Stock	S	600	$48.1	Disposed	20508	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-02-06	Stock Options (Right to buy)	$13.1075	M	1064	Disposed	2013-02-05	Common Stock (1064)	Direct
2008-02-06	Stock Options (Right to buy)	$14.6207	M	3200	Disposed	2013-01-02	Common Stock (3200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	767	Indirect