UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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[The following is an E-mail from Gregory T. Swienton, Chairman and Chief Executive Officer to
Company employees]
April 18, 2008
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To:
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All Ryder U.S. Employees |
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From:
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Greg Swienton |
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Subject:
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Vote Your Ryder Shares |
Recently, those of you who own shares of Ryder stock received a proxy statement and voting card for
our 2008 Annual Meeting of Shareholders, which will be held on Friday, May 2, 2008 at Ryders
headquarters in Miami. Accompanying these materials is a copy of Ryders 2007 Annual Report, in
which we highlight Ryders 75th anniversary and our history of delivering reliability, efficiency
and productivity to our customers.
There are three agenda items for this years annual meeting: the election of three directors; the
approval of an amendment to Ryders Equity Compensation Plan; and the ratification of
PricewaterhouseCoopers LLP as Ryders independent auditor. I, and the other members of Ryders
Board of Directors, recommend a vote in favor of each of these proposals. The amendment to the
Equity Compensation Plan is particularly meaningful to employees because this plan enables us to
continue awarding stock options, restricted stock and other equity-based awards to our employees.
This proposed amendment would increase the number of shares available for grant under the Equity
Compensation Plan, ensuring that we have sufficient shares for the next several years. I believe
that our Equity Compensation Plan plays an important role in helping us attract, reward and retain
high quality employees.
I want to encourage each and every Ryder employee-shareholder to vote his or her shares. Not only
is every vote important, it also serves to demonstrate your continued support and confidence in our
Company and its leadership.
Please review these materials carefully and take the time to vote your shares.
Thank you for your continued support.