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GATX Corporation (ticker: GMT, exchange: New York Stock Exchange (.N)) News Release - 3-Mar-1999

GATX Elects Clifford Porzenheim Vice President Of Corporate Strategy

CHICAGO, March 3 /PRNewswire/-- GATX Corporation (NYSE: GMT) has elected Clifford Porzenheim vice president of Corporate Strategy. He will be responsible for supporting strategy development and growth at all of GATX's subsidiaries as well as for corporate level initiatives.

"Cliff's deep involvement in improving the strategic development of our subsidiaries and his critical role in a number of corporate initiatives have made him an important participant in GATX's success," said Ronald H. Zech, chairman and CEO of GATX Corporation.

Porzenheim joined GATX in 1996 after working as a consultant for A.T. Kearney and the Boston Consulting Group. He holds a Bachelor's degree from the Wharton School at the University of Pennsylvania and a Master of Management degree from Northwestern University's Kellogg Graduate School of Management.

Porzenheim resides in Evanston, Ill., with his wife and their two children. GATX Corporation provides approximately $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, ships, commercial aircraft, technology equipment and others assets and related services worldwide. In addition, GATX offers a variety of financial services focused on enhancing the value of owned and leased assets.