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GATX Rail Elects John Swezey to Vice President -- Engineering

    CHICAGO, Oct. 2 /PRNewswire/ -- GATX Rail announced the appointment of
John Swezey to vice president -- engineering.  Mr. Swezey (35) will have
overall responsibility for all technical aspects of the existing fleet, as
well as new car business.  In addition, he is representing GATX in regulatory
and industry associations and committees, including AAR, DOT-FRA, and
Transport Canada.
    Prior to joining GATX, Mr. Swezey spent nearly five years with Chamberlain
GARD as a project engineer.  He joined GATX Rail in 1992 as a design
development engineer and transferred to Dallas, TX, two years later where he
served as engineer/manager of railcar supply.  In that function, he acted as
the liaison between GATX and Trinity Railcar for all technical and quality
issues.  Last year, Mr. Swezey returned to Chicago as director of engineering,
with the responsibility for managing the core engineering aspects for GATX's
existing fleet.
    Tobi D'Andrea, senior vice-president, customer support & solutions, noted,
"John brings a wealth of experience and a history of excellent leadership to
his new position.  He has a proven ability to lead the engineering of new
designs that meet customer needs and enhance GATX's position as a leader in
our industry."

    GATX (NYSE: GMT) is a specialized finance and leasing company.  GATX
uniquely combines asset knowledge and services, structuring expertise,
creative partnering and risk capital to serve customers and partners
worldwide.  GATX specializes in railcar and locomotive leasing, aircraft
operating leasing, information technology leasing, venture finance and
diversified finance.  GATX Rail is a division of GATX Financial Corporation, a
subsidiary of GATX Corporation.
    Investor, corporate information and press releases may be found at
http://www.gatx.com .  A variety of current financial information, historical
financial information, press releases and photographs are available at this
site.  GATX press releases may be obtained by automated PR News Company News
On-Call's automated fax service at 800-758-5804.  The company identification
number for GATX is 105121.



SOURCE GATX




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    CONTACT:
    George Lowman of GATX Rail, +1-312-621-6599