PACCAR INC — Director's Dealing 2004

Jan 17, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PACCAR INC (PCAR)
CIK: 0000075362
Period of Report: 2004-01-15

Reporting Person: GANGL KENNETH R (VP, FINANCIAL SERVICES)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-01-15	STOCK OPTION	$85.43	A	5774	Acquired	2014-01-15	COMMON STOCK (5774)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	750	Direct
COMMON STOCK (ESPP)	87.6804	Direct
COMMON STOCK (SIP)	981.765	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
STOCK OPTION	$27.83	2010-01-25	COMMON STOCK (4061)	4061	Direct
STOCK OPTION	$34.42	2011-01-24	COMMON STOCK (12910)	12910	Direct
STOCK OPTION	$42.31	2012-01-23	COMMON STOCK (10737)	10737	Direct
STOCK OPTION	$47.10	2013-01-15	COMMON STOCK (9837)	9837	Direct

Footnotes

F1: Shares held in the PACCAR Inc Employee Stock Purchase Plan (ESPP).

F2: Shares held in PACCAR Savings Investment Plan (SIP).

F3: Option to buy awarded under PACCAR Long Term Incentive Plan.