A summary of Ryder System, Inc.'s bond market activity from 2005 - 2012

Date	Amount ($M)	Term	Maturity	Coupon
6/16/05	$200	7 years	June 2012	5.00%
11/1/06	$300	10 years	Nov 2016	5.85%
2/26/07	$250	7 years	Mar 2014	5.85%
2/22/08	$250	5 years	Mar 2013	6.00%
8/7/08	$300	7 years	Sep 2015	7.20%
9/2/10	$300	5 1/2 years	Mar 2016	3.60%
2/24/11	$350	4 years	Mar 2015	3.15%
5/24/11	$350	6 years	June 2017	3.50%
2/28/12	$350	5 years	March 2017	2.50%
Note: excludes March 2005 issuance that matured in 2010 and excludes April 2005 and May 2006 issuances that matured in 2Q 2011.