PACCAR INC — Director's Dealing 2004

Sep 22, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PACCAR INC (PCAR)
CIK: 0000075362
Period of Report: 2004-09-21

Reporting Person: PAGE STEPHEN F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-21	COMMON STOCK	A	444	$67.65	Acquired	444	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-09-21	PHANTOM STOCK UNITS	$	A	332.59	Acquired		COMMON STOCK (332.59)	Direct

Footnotes

F1: Restricted stock awarded under PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (RSDCP).

F2: The units are to be settled 1-for-1 in PACCAR common stock upon termination of the Reporting Person's status as a non-employee director.

F3: Cash compensation deferred into phantom stock account under RSDCP.