RYDER SYSTEM INC — Director's Dealing 2004

Apr 5, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2004-04-01

Reporting Person: MUDD DANIEL H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-04-01	Common Stock	A	382.0000	—	Acquired	2438.0000	Direct

Footnotes

F1: Grant of common stock under the Directors Stock Plan in lieu of a portion of Mr. Mudd's annual retainer as a Director.