PACCAR INC — Director's Dealing 2003

Oct 3, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PACCAR INC (PCAR)
CIK: 0000075362
Period of Report: 2003-10-01

Reporting Person: HOVIND DAVID J (Director, VICE CHAIRMAN)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-10-01	COMMON STOCK (SIP)	J	41.2	$85.91	Acquired	16130.8	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	14944	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
STOCK OPTION	$16.50	2006-04-30	COMMON STOCK (33661)	33661	Indirect
STOCK OPTION	$24.42	2007-04-29	COMMON STOCK (24631)	24631	Indirect
STOCK OPTION	$33.42	2011-01-24	COMMON STOCK (57633)	57633	Direct
STOCK OPTION	$42.31	2012-01-23	COMMON STOCK (47934)	47934	Direct
STOCK OPTION	$47.10	2013-01-15	COMMON STOCK (44053)	44053	Direct
COMMON STOCK (LTIP)	$		COMMON STOCK (15521.2)	15521.2	Direct
COMMON STOCK (DICP)	$		COMMON STOCK (3167)	3167	Direct

Footnotes

F1: September 5, 2003 dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP. SIP information based on most recent report from SIP Trustee - received October 1, 2003.

F2: Share units held in deferred phantom stock account under PACCAR Long Term Incentive Plan (LTIP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.

F3: Share units held in deferred phantom stock account under PACCAR Deferred Incentive Compensation Plan (DICP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.