United Rentals Stockholders Approve Merger Agreement with Affiliates of Cerberus Capital Management

    GREENWICH, CONN., October 19 /CNW/ - United Rentals, Inc. (NYSE:   URI)
today announced that its stockholders have approved the merger agreement
providing for the purchase of the company by affiliates of Cerberus Capital
Management, L.P. At a special meeting held earlier today, approximately 99.8
percent of the votes cast were in favor of the purchase, representing
approximately 76.8 percent of the total voting power outstanding and entitled
to vote at the meeting. After the transaction closes, the company's holders of
common stock will be entitled to receive $34.50 in cash for each share held.

    The Company currently anticipates that the transaction will close in
November 2007.

    About United Rentals

    United Rentals, Inc. is the largest equipment rental company in the
world, with an integrated network of over 690 rental locations in 48 states,
10 Canadian provinces and Mexico. The company's more than 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 inability to complete the merger due to the failure to
satisfy any conditions to the completion of the merger, (3) risks that the
proposed transaction disrupts current plans and operations and the potential
difficulties in employee retention as a result of the merger, (4) certain
significant costs, fees and expenses related to the merger, such as legal and
accounting fees, remain payable regardless of whether or not the proposed
merger is consummated (5) under certain circumstances, if the merger is not
completed, we may be required to pay a termination (break-up) fee of
$100,000,000, (6) weaker or unfavorable economic or industry conditions can
reduce demand and prices for our products and services, (7) non-residential
construction spending or governmental funding for infrastructure and other
construction projects may not reach expected levels, (8) we may not always
have access to capital at desirable rates for our businesses or growth plans,
(9) any companies we acquire could have undiscovered liabilities, may strain
our management capabilities or may be difficult to integrate, (10) rates we
can charge may be less than anticipated, or costs we incur may be more than
anticipated, (11) 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 (12) 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

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