United Rentals Announces Extension of Expiration Date for Current Tender Offers and Consent Solicitations



    GREENWICH, CONN., November 14 /CNW/ - United Rentals, Inc. (NYSE:   URI)
(the "Company") announced today that the expiration time and date for the
previously announced debt tender offers and consent solicitations (the
"Offers") being made by United Rentals (North America), Inc., the Company's
wholly owned subsidiary ("URNA"), have been extended to 12:00 midnight, New
York City time, on November 16, 2007. The Offers, which are being conducted
pursuant to URNA's Offer to Purchase and Consent Solicitation Statement and
related Consent and Letter of Transmittal, dated October 16, 2007 (the
"Statements"), relate to URNA's outstanding:

    --  6 1/2% Senior Notes due 2012 (the "6 1/2% Notes");

    --  7 3/4% Senior Subordinated Notes due 2013 (the "7 3/4% Notes"); and

    --  7% Senior Subordinated Notes due 2014 (the "7% Notes," and together
with the 6 1/2% Notes and the 7 3/4% Notes, the "Notes").

    As of 5:00 p.m., New York City time, on November 13, 2007, URNA had
received tenders of Notes and deliveries of related consents from holders of
approximately $998,487,850, or 99.9%, of the $1,000,000,000 aggregate
principal amount of the 6 1/2 % Notes outstanding, approximately $517,657,000,
or 98.6%, of the $525,000,000 aggregate principal amount of the 7 3/4 % Notes
outstanding, and approximately $371,669,000, or 99.1%, of the $375,000,000
aggregate principal amount of the 7% Notes outstanding. The consent
solicitation payment deadline relating to the Notes expired on October 29,
2007 at 5:00 p.m., New York City time, and has not been extended.

    Except for the extension of the expiration time and date, the Offers and
the Statements remain in full force. URNA's obligation to accept for purchase,
and to pay for, Notes and consents validly tendered and not withdrawn pursuant
to the Offers remains subject to the terms and conditions of the Statements.
These include the satisfaction or waiver of certain conditions, including,
among others, the consummation of the anticipated merger (the "Merger") of RAM
Acquisition Corp., an entity indirectly controlled by affiliates of Cerberus
Capital Management, L.P., with and into the Company under the previously
announced merger agreement and URNA having sufficient available funds to pay
the total consideration with respect to all Notes.

    URNA has retained Credit Suisse Securities (USA) LLC, Banc of America
Securities LLC, Morgan Stanley & Co. Incorporated and Lehman Brothers Inc. to
serve as the Dealer Managers and Solicitation Agents for the Offers. Requests
for documents may be directed to D.F. King & Co., Inc., the Tender Agent and
Information Agent, by telephone at (800) 488-8095 (toll-free) or (212)
269-5550 (collect). Questions regarding the Offers may be directed to Credit
Suisse Securities (USA) LLC, at (212) 325-4951 (collect), Banc of America
Securities LLC, at (888) 292-0070 (toll-free) or (704) 388-9217 (collect),
Morgan Stanley & Co. Incorporated, at (800) 624-1808 (toll-free) or (212)
761-1864 (collect), or Lehman Brothers Inc. at (800) 438-3242 (toll-free) or
(212) 528-7581 (collect).

    This press release is not an offer to purchase, a solicitation of an
offer to purchase or a solicitation of consents with respect to the Notes, nor
is this release an offer or a solicitation of an offer to sell any securities.
The Offers are being made solely by means of the Statements.

    About United Rentals

    United Rentals, Inc. is the largest equipment rental company in the world
based on revenue, with an integrated network of over 690 rental locations in
48 states, 10 Canadian provinces and one location in Mexico. The Company's
approximately 11,500 employees serve construction and industrial customers,
utilities, municipalities, homeowners and others. The Company offers for rent
over 20,000 classes of rental equipment with a total original cost of $4.3
billion. United Rentals is a member of the Standard & Poor's MidCap 400 Index
and the Russell 2000 Index (R) and is headquartered in Greenwich, Conn.
Additional information about United Rentals is available at
www.unitedrentals.com.

    Forward Looking Statements

    Certain statements in this press release are forward-looking statements
within the meaning of the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. These statements can generally be identified by
words such as "believes," "expects," "plans," "intends," "projects,"
"forecasts," "may," "will," "should," "on track" or "anticipates," or the
negative thereof or comparable terminology, or by discussions of vision,
strategy or outlook. Our businesses and operations are subject to a variety of
risks and uncertainties, many of which are beyond our control, and,
consequently, actual results may differ materially from those expected by any
forward-looking statements. Factors that could cause actual results to differ
from those expected include, but are not limited to, the following: (1) the
occurrence of any event, change or other circumstances that could give rise to
the termination of, or a material change in the terms of, the merger
agreement, (2) the outcome of any legal proceedings that have been or may be
instituted against us and others relating to the merger agreement, (3) the
inability to complete the Merger due to the failure to satisfy conditions to
the completion of the Merger, (4) the failure by us to obtain the expected
debt financing contemplated by the commitment letter received in connection
with the Merger, (5) the failure of the Merger to close for any other reason,
(6) the amount of costs, fees, expenses and other charges related to the
Merger, (7) risks that the proposed Merger disrupts current plans and
operations and the potential difficulties in employee retention as a result of
the Merger, (8) the effect of the announcement of the Merger on our customers,
suppliers, partner and joint venture relationships, operating results and
business generally, (9) we are subject to an ongoing inquiry by the Securities
and Exchange Commission (the "SEC"), and there can be no assurance as to its
outcome, or any other potential consequences thereof for us, and (10) we may
incur additional significant costs and expenses in connection with the SEC
inquiry, the class action lawsuits and derivative actions that were filed in
light of the SEC inquiry, the U.S. Attorney's Office requests for information,
or other litigation, regulatory or investigatory matters related to the SEC
inquiry, the proposed Merger or otherwise. For a fuller description of these
and other possible uncertainties, please refer to our Annual Report on Form
10-K for the year ended December 31, 2006, as well as to our subsequent
filings with the SEC. Our forward-looking statements contained herein speak
only as of the date hereof, and we make no commitment to update or publicly
release any revisions to forward-looking statements in order to reflect new
information or subsequent events, circumstances or changes in expectations.




For further information:

For further information: Hyde Park Financial Communications Fred
Bratman, 203-618-7318 cell: 917-847-4507 fbratman@hydeparkfin.com

Organization Profile

UNITED RENTALS, INC.

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