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Gail Duddy Elected Vice President - Human Resources at GATX

CHICAGO, Dec. 10 /PRNewswire/ -- GATX announced today that its board of directors has elected Gail L. Duddy as vice president-human resources. Ronald H. Zech, chairman and CEO of GATX stated, "Gail Duddy's election to vice president-human resources recognizes a leadership transition of the corporate Human Resources organization. Bill Chambers, who has been GATX's vice president-human resources since 1993, will relinquish his day-to-day responsibilities in order to spend time on issues that will impact the long term growth of the company until his retirement next year."

Ms. Duddy (47) joined GATX in 1992 as director of compensation with responsibility for compensation programs and human resource information systems. In 1995, she assumed the additional responsibility for the benefits function and was named director?compensation and benefits, and in February of 1997, Ms. Duddy was elected vice president?compensation and benefits.

Prior to coming to GATX, Ms. Duddy served as a consultant at William M. Mercer, Inc. where she was responsible for executive compensation, incentive planning and human resource consulting studies. Previously she held positions at Arthur Andersen & Company, Inc. and at McKinsey & Company, Inc. She graduated from the University of Illinois with a bachelor's degree in psychology and earned an M.B.A in finance and accounting from the University of Chicago.

GATX Corporation (NYSE: GMT) combines unique financing, asset and logistics solutions for customers and partners worldwide. GATX's major assets are comprised of rail cars, locomotives, commercial aircraft, bulk liquid terminals and distribution systems, and technology equipment.

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 Corporation

CONTACT: George S. Lowman of GATX Corporation, 312-621-6599