Paccar Inc. has been recognized as one of America's best performing companies by The Wall Street Journal in its ninth annual Shareholder Scoreboard of 1,000 major U.S. companies.

Paccar was named to The Wall Street Journal's prestigious 2003 Honor Roll list, which recognizes companies that earned straight-A ratings, ranked on five-year average compound annual total returns through year-end 2003.
Companies also had to be in the top 20% of firms evaluated for the past one, three, five and 10 years to be considered for the Honor Roll designation.
Paccar was ranked 12th of the 1,000 largest publicly traded companies in the U.S., based on the combination of its impressive five-year shareholder annualized return of 30.3% and meeting the other yearly financial return thresholds. Only 17 companies earned the distinction of being included on the exclusive Honor Roll.
"Paccar continues to be a consistent leader in providing superior financial returns to its shareholders," said Mark C. Pigott, chairman and chief executive officer. "The recognition by The Wall Street Journal is a tribute to the high-quality products and services delivered by Paccar's 17,000 employees worldwide.
"During 2003, Paccar had the second-best year in the company's 98-year history and achieved its 65th consecutive year of net profitability. Paccar has paid a dividend every year since 1941."
Mike Tembreull, vice chairman, added, "This is terrific news that highlights Paccar as one of the world leaders in financial services, information technology, logistic distribution and product quality. This Honor Roll recognition, combined with the recent Fortune magazine article identifying Paccar as one of the 'Most Admired Companies' in America, is really gratifying for our shareholders."
For more information, visit www.paccar.com.