In addition, PACCAR shareholder return is
excellent.com

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PACCAR shares are traded on the Nasdaq Stock Market, symbol PCAR,
and its homepage can be found at www.

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PACCAR Announces Increased Quarterly Dividend

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20) per share. Pigott, chairman and chief executive officer.paccar.

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Tembreull
as PACCAR directors for a three-year term expiring in 2008.

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21) per share, payable
on June 6, 2005 , to stockholders of record at the close of business on
May 19, 2005. It
also provides financial services and distributes truck parts related
to its principal business.

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Business Editors/Automotive Writers/Financial Editors

BELLEVUE, Wash.

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----PACCAR's
(Nasdaq:PCAR) Board of Directors declared a regular quarterly cash
dividend in the amount of twenty-one cents ($.

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PACCAR is a global technology leader in the design, manufacture
and customer support of high-quality light-, medium- and heavy -duty
trucks under the Kenworth, Peterbilt, DAF and Foden nameplates.

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"PACCAR's global
truck brands -- Peterbilt, Kenworth and DAF -- are leaders in
reliability and resale value, which creates a superior life-cycle cost
advantage for our customers.

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"
At the annual stockholder meeting held today, the stockholders
reelected John M.com

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, Stephen F.

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In addition, the Bellevue, Washington-based
company manufactures winches under the Braden, Gearmatic and Carco
nameplates.

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Business Editors/Automotive Writers

BELLEVUE, Wash.

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"PACCAR's
record profit and cash flow performance has enabled it to enhance its
position as a leading technology company in the capital goods and
financial services industry worldwide. PACCAR has increased its
regular quarterly dividend by 180 percent in the last six years," said
Mark C.
"PACCAR has earned a net profit for 66 consecutive years and has
paid a dividend every year since 1941," noted Pigott. Fluke, Jr.
PACCAR shares are traded on the Nasdaq Stock Market, symbol PCAR,
and its homepage can be found at www.

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Page and Michael A .paccar.

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PACCAR Announcement

----The PACCAR
(Nasdaq:PCAR) Board of Directors today accepted the resignation of
Harry Stonecipher as a Director of the company, effective immediately.
PACCAR is a global technology leader in the design, manufacture
and customer support of high-quality light -, medium- and heavy-duty
trucks under the Kenworth, Peterbilt, DAF and Foden nameplates.

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It
also provides financial services and distributes truck parts related
to its principal business. In addition , the Bellevue, Washington-based
company manufactures industrial winches under the Braden, Gearmatic
and Carco nameplates.

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This is a 5 percent increase compared to the previous
regular quarterly dividend of twenty cents ($. The company has again outperformed the Standard + Poor's
500 Index for the previous one-, five- and ten-year time periods.
PACCAR thanks him for his positive business contribution to the
success of the company.

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---

- - kjjkjk

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