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RYDER SYSTEM INC Director's Dealing 2004

Nov 8, 2004

30770_dirs_2004-11-08_c08f71d0-d1c2-4eef-9dd5-fc64cfdb61be.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2004-11-05

Reporting Person: CARSON RICHARD B (SVP-Fleet Mngt Solutions)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2004-11-05 Common Stock I 1149 $52.24 Acquired 1149 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3949 Direct
Common Stock 622 Indirect

Footnotes

F1: Includes 8 shares of common stock owned by the reporting person through the Ryder System, Inc. Stock Purchase Plan for Employees.