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Daniel Penovich Elected Managing Director Sales, Marketing And Business Development At General American Transportation

CHICAGO, Dec. 2 /PRNewswire/ -- General American Transportation Corporation, the railcar leasing and management subsidiary of GATX Corporation (NYSE: GMT), has elected Daniel Penovich as a managing director of sales, marketing and business development. He will be responsible for a variety of activities including strategic account management and business development.

"Dan brings us some significant skills and a strong penchant and track record for growth. His outstanding industry expertise will help General American continue the impressive growth that we have experienced recently," said Ward Fuller, president of General American Transportation Corporation.

Penovich joins GATX with over 18 years of sales experience in rail car leasing working at both North American Car Corporation and Union Tank Car. Besides his work experience he holds a B.S. in Business Administration from Indiana and a Master's degree from the Kellogg Graduate School of Management at Northwestern.

General American Transportation Corporation is one of North America's largest lessors of tank cars, freight cars and other specialty railcars. General American provides its customers with value-adding services like Internet-based information for customers, a network of railcar repair facilities, and a fleet of mobile railcar repair units.

GATX Corporation provides more than $6 billion of service-enhanced assets primarily used to help its customers transport, store or distribute their products and information. GATX's assets include railcars and locomotives, bulk liquid terminals and pipelines, commercial aircraft, ships, information technology equipment, warehouses and other capital assets and related services.

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.

For further information Contact:
Aaron Hoffman
GATX Corporation
312-621-6493