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RYDER SYSTEM INC Director's Dealing 2004

Sep 21, 2004

30770_dirs_2004-09-21_94c4cfec-4a38-4b4e-8b17-760c13994485.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: 2004-09-17

Reporting Person: VARNEY CHRISTINE A (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2004-09-17 Common Stock A 9 $0.00 Acquired 6876 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 354 Indirect

Footnotes

F1: Grant of restricted stock units pursuant to the dividend reinvestment feature of the Issuer's Board of Directors Stock Award Plan.