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GATX SELLS INTEREST IN HAMILTON AIR FORCE BASE

 GATX SELLS INTEREST IN HAMILTON AIR FORCE BASE
 SAN FRANCISCO, July 28 /PRNewswire/ -- GATX Capital Corp., a


subsidiary of GATX Corp. (NYSE: GMT), Chicago, today announced that it has sold its interest in Hamilton Air Force Base located in Novato, Marin County, Calif. The specific terms of the transaction were not released.
 Ronald H. Zech, president of GATX Capital, stated, "We have worked diligently to meet GATX's, the buyer's and the community's needs. As we anticipated, we have recovered more than our book value in this investment as a result of this sale.
 "The sale of Hamilton Air Force Base reduces GATX's investment in real estate by approximately 10 percent. As previously announced, GATX Capital intends to continue the orderly liquidation of its real estate portfolio."
 GATX Capital Corp., a leader in the field of capital equipment leasing and financing, is a major lessor of commercial jet aircraft, rail and marine equipment. GATX Capital is a subsidiary of GATX Corp., Chicago, a $3.5 billion service-based asset company which providers capital equipment and related services for use in various domestic and international markets for rail, aircraft, bulk liquid storage terminals, pipelines, logistics support and Great Lakes shipping. GATX Corp. (GMT) is listed on the New York, London and other stock exchanges.
 -0- 7/28/92
 /CONTACT: George Lowman of GATX, 312-621-6599/
 (GMT) CO: GATX Capital Corp.; Hamilton Air Force Base ST: Illinois, California IN: TRN SU:


KD -- NY088 -- 4231 07/28/92 16:13 EDT
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Publication:PR Newswire
Date:Jul 28, 1992
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