United Rentals to Explore Strategic Alternatives



    CEO Wayland Hicks Announces Plan to Retire In June

    GREENWICH, CONN., April 10 /CNW/ - United Rentals, Inc. (NYSE:   URI) today
announced that its board of directors has authorized commencement of a process
to explore a broad range of strategic alternatives to maximize shareholder
value, including a possible sale of the company. The company has retained UBS
Investment Bank and Credit Suisse to act as financial advisors in this
process.

    The company cautions that there can be no assurance that the exploration
of alternatives will result in a transaction. The company does not expect to
disclose further developments regarding the process unless and until its board
of directors has completed its evaluation or approved a specific transaction.

    The company also announced that Wayland R. Hicks, 64, will retire as
chief executive officer effective at the annual shareholders' meeting on June
4, 2007, and will continue to serve on the board as vice chairman. He will be
succeeded by Michael J. Kneeland as interim chief executive officer. Mr.
Kneeland currently serves as executive vice president and chief operating
officer of United Rentals.

    Bradley S. Jacobs, chairman of United Rentals, said, "We deeply
appreciate Wayland's significant contributions over the past decade and the
leadership he has demonstrated. We are fortunate that Wayland will continue to
serve on our board and offer his insights as we take this process forward."

    Mr. Jacobs added, "We're pleased that the position of interim chief
executive officer will be filled by Michael Kneeland, who has been with the
company since 1998. Mike has more than 25 years of experience in the equipment
rental industry and is extremely knowledgeable about our operations and
markets."

    About United Rentals

    United Rentals, Inc. is the largest equipment rental company in the
world, with an integrated network of nearly 700 rental locations in 48 states,
10 Canadian provinces and Mexico. The company's 12,000 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 $3.9 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 unitedrentals.com.

    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 projected by any
forward-looking statements. Factors that could cause actual results to differ
from those projected include, but are not limited to, the following: (1)
weaker or unfavorable economic or industry conditions can reduce demand and
prices for our products and services, (2) non-residential construction
spending, or governmental funding for infrastructure and other construction
projects, may not reach expected levels, (3) we may not always have access to
capital at desirable rates for our businesses or growth plans, (4) any
companies we acquire could have undiscovered liabilities, may strain our
management capabilities or may be difficult to integrate, (5) rates we can
charge may be less than anticipated, or costs we incur may be more than
anticipated, (6) we have significant leverage, which requires us to use a
substantial portion of our cash flow for debt service and can constrain our
flexibility in responding to unanticipated or adverse business conditions, (7)
our announced exploration of strategic alternatives may have adverse
consequences for our business if no transaction ultimately results, (8) we are
subject to an ongoing inquiry by the SEC, and there can be no assurance as to
its outcome, or any other potential consequences thereof for us, and (9) 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 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: United Rentals, Inc. Chuck Wessendorf,
203-618-7318 VP, Investor Relations and Corporate Communications
cwessendorf@ur.com or Hyde Park Financial Communications Fred Bratman,
212-683-3931 President fbratman@hydeparkcomm.com

Organization Profile

UNITED RENTALS, INC.

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