Two GATX Rail Promotions Support Local Focus on Canadian Customers

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Two GATX Rail Promotions Support Local Focus on Canadian Customers
    CHICAGO, Nov. 1 /PRNewswire/ -- GATX Rail has announced two significant
promotions at GATX Rail Canada to further strengthen GATX's Canadian
management team.  James V. Pasquini has been promoted to vice president, fleet
management and sales administration - GATX Rail Canada, and Richard A.
Podsiadlo has been promoted to vice president, sales - GATX Rail Canada.
Mr. Pasquini will be responsible for managing GATX Rail Canada's fleet of
cars, and Mr. Podsiadlo will have responsibility for leading the group that
handles all railroad and shipper sales in Canada.
    In 1967, Mr. Pasquini joined CGTX, a Canadian railcar leasing company in
which GATX had a 45 percent interest.  In 1996, GATX Rail purchased the
remaining interest in CGTX and renamed the company GATX Rail Canada.  During
his career with CGTX and GATX Rail, Mr. Pasquini has been involved in customer
service, sales and fleet management.
    Todd M. Emro, vice president and managing director - fleet portfolio
management, stated, "We are happy to recognize Jim's years of experience,
knowledge of our Canadian business, and his contribution to GATX Rail Canada
with this well-deserved promotion."
    Mr. Podsiadlo joined GATX Rail Canada's predecessor company in 1986, and
held a variety of sales management positions including director of GATX Rail's
U.S. Eastern and Midwestern sales regions.  Most recently, he has been
responsible for developing new business for GATX Rail with the Canadian
railroads.
    Daniel P. Penovich, vice president and managing director - sales and
marketing administration, stated, "Dick brings a long-term understanding of
Canada's rail markets to this position.  His experience with railroads and
long-standing relationships with shippers, combined with his leasing and
financial structuring knowledge, gives him a broad base through which GATX
Rail can offer an expanded breadth of services in Canada."
    Mr. Pasquini and Mr. Podsiadlo will both remain in the GATX Rail Canada
offices in Montreal.  The Canadian fleet management group and customer service
group will continue to report to Mr. Pasquini, and sales teams based in
Toronto and Calgary will be reporting to Mr. Podsiadlo.
    GATX Rail is a division of GATX Financial Corporation, a subsidiary of
GATX Corporation (NYSE: GMT).  GATX is a specialized finance and leasing
company.  GATX uniquely combines asset knowledge and services, structuring
expertise, creative partnering and risk capital to provide business solutions
to customers and partners worldwide.  In addition to railcar and locomotive
leasing, GATX specializes in aircraft operating leasing, information
technology leasing, venture finance and diversified finance.

    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.
SOURCE GATX
http://www.gatx.com
Company News On-Call:
http://www.prnewswire.com/comp/105121.html
CONTACT:
George Lowman of GATX Rail, +1-312-621-6599