PACCAR INC — Director's Dealing 2004

Jan 14, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PACCAR INC (PCAR)
CIK: 0000075362
Period of Report: 2004-01-13

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-13	COMMON STOCK (SIP)	J	2.226	$79.86	Acquired	810.131	Direct
2004-01-13	COMMON STOCK (SIP)	J	.01	$84.05	Acquired	810.141	Direct
2004-01-13	COMMON STOCK (SIP)	J	11.316	$85.90	Acquired	821.457	Direct
2004-01-13	COMMON STOCK (SIP)	A	160.308	$62.38	Acquired	981.765	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	750	Direct
COMMON STOCK (ESPP)	87.6804	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: December 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 January 13, 2004.)

F3: Interest on SIP shares reinvested December 24, 2003 pursuant to SIP.

F4: January 5, 2004 dividend on SIP shares reinvested pursuant to SIP.

F5: Shares awarded January 8, 2004 under SIP.