EXHIBIT 99.1
RYDER SYSTEM, INC. EMPLOYEE SAVINGS PLAN B
ITEM 27A - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES
DECEMBER 31, 1997
NUMBER OF
SHARES, UNITS
OR PRINCIPAL MARKET
ISSUER AMOUNTS COST VALUE
- ---------------------------------- ------------- ------------- -----------
Ryder System, Inc. Common Stock Fund 3,049,661 $ 19,765,503 30,527,106
Fidelity Short-Term Interest Fund 8,144,729 8,144,729 8,144,729
Fidelity U.S. Equity-Income Fund 870,716 43,572,615 45,634,229
Putnam Voyager Fund(A) 4,047,895 52,533,102 77,112,394
Fidelity Contrafund 800,454 37,479,666 37,325,151
Fidelity Diversified International Fund 1,207,145 20,394,922 19,471,258
Fidelity Asset Manager Growth 187,295 3,543,119 3,461,220
Fidelity Asset Manager 128,229 2,356,750 2,352,997
Fidelity Asset Manager Income 87,292 1,071,645 1,063,219
Fidelity U.S. Bond Index Fund 108,723 1,162,192 1,173,124
Spartan U.S. Equity Index Fund 99,748 3,385,291 3,489,172
Fidelity Emerging Growth Fund 60,245 1,722,679 1,430,811
Fidelity Growth Company Fund 38,015 1,818,597 1,646,790
Participant Loans 18,433,772 18,433,772 18,433,772
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$ 215,384,582 251,265,972
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NUMBER OF
SHARE,UNITS
OR PRINCIPAL CONTRACT
INVESTMENT CONTRACTS: AMOUNTS VALUE
- -------------------------------------------------------------------------------------------- ------------ -----------
Aetna Life Insurance Co. 014162 7.85% 3/31/98 4,831,842 $ 4,831,842
AIG Financial Products Corp. 163083 6.48% 1/15/98 3,042,609 3,042,609
AIG Life Insurance Co. GIC-898 7.08% 6/30/98 1,267,023 1,267,023
Allstate Life Insurance Co. 6006 6.87% 4/02/01 2,238,911 2,238,911
Continental Assurance Co. GP-12917 5.17% 3/31/99 2,205,349 2,205,349
Continental Assurance Co. GP-24037-006 6.04% 12/31/99 1,799,400 1,799,400
John Hancock Mutual Life Insurance Co. 7747 8.02% 9/30/98 3,568,820 3,568,820
John Hancock Mutual Life Insurance Co. 8613 7.21% 10/02/00 1,985,806 1,985,806
John Hancock Mutual Life Insurance Co. 9063 7.33% 12/31/98 291,145 291,145
John Hancock Mutual Life Insurance Co. 62 5.83% 11/03/98 78,272 78,272
LaSalle National Bank LaSalle Pool 5.74% 1/05/98 844,877 844,877
Life of Virginia GS-2736 4.89% 12/31/98 1,280,297 1,280,297
Lincoln National Corp. GA-9591 5.00% 6/30/98 1,459,963 1,459,963
MBIA MBIA/CNA 24000 6.04% 6/30/99 1,561,697 1,561,697
Metropolitan Life GAC 24757 6.42% 12/31/99 2,561,956 2,561,956
New York Life GA30317 6.29% 6/30/98 1,851,575 1,851,575
New York Life GA30317002 6.44% 5/14/98 2,901,974 2,901,974
Pacific Life Insurance Co. G-26167.01 6.05% 1/21/98 920,746 920,746
Peoples Security Life BDA00532FR-00 5.52% 12/31/98 2,847,756 2,847,756
Peoples Security Life BDA00626FR-00 7.03% 9/30/98 2,712,956 2,712,956
Peoples Security Life BDA00367TR-02 6.16% 1/15/98 2,981,045 2,981,045
Principal Mutual 42112901 5.95% 6/30/98 1,589,142 1,589,142
Principal Mutual 42112902 7.05% 6/30/98 2,336,045 2,336,045
Provident Life & Accident Co. 627-05400-01A 6.35% 3/31/98 2,135,619 2,135,619
Prudential Insurance Co. of America 007819 211 5.77% 7/31/98 4,807,675 4,807,675
Transamerica Life Insurance and Annuity Co. 76710 6.38% 1/26/98 2,424,680 2,424,680
Transamerica Occidental Life Insurance Co. 51214 7.10% 3/31/98 4,436,337 4,436,337
Union Bank of Switzerland 2340 6.40% 1/06/98 3,047,332 3,047,332
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64,010,849 $64,010,849
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19