New Locomotive Leasing Partners Web Site

(LaGrange, IL, May 14, 2001) - General Motors' Electro-Motive Division (EMD) announced today that its Locomotive Leasing Partners (LLP) joint venture with GATX Rail Corporation has launched a new website. The new LLP website is located at www.LLPX.com. EMD is a leading builder of diesel-electric locomotives for freight and passenger rail operations worldwide. GATX is the world's leading railroad equipment lessor.

The new website describes the business of LLP and includes illustrations and specifications of the major types of locomotives in its fleet. LLP leases locomotives for periods ranging from a few months to several years -- to railroads and industrial users throughout North America.

The Website also contains links to other GM and GATX sites.

GATX Rail Corporation is a wholly-owned subsidiary of GATX Corporation (NYSE: GMT), a specialized finance and leasing company combining asset knowledge and services, structuring expertise, creative partnering, and risk capital to serve customers and partners worldwide. GATX Corporation provides leasing and financial services responsive to the needs of a wide range of businesses. GATX specializes in rail car and locomotive operating leasing, aircraft operating leasing, information technology leasing, venture finance, and financing solutions for customers in diverse industrial sectors worldwide.

FOR FURTHER INFORMATION:
John Cavanaugh
john.n.cavanaugh@emdiesels.com
+1 (708) 387-6355