United Rentals Acquires Handy Rent-All Center

Greenwich, CT - Mar 23, 2006

 

United Rentals, Inc. (NYSE: URI) today announced that it has purchased the equipment rental and sales assets of Handy Rent-All Center, with headquarters in Wappingers Falls, N.Y. Handy Rent-All Center has a total of eight branches in New York and Connecticut.

Handy Rent-All Center was established in 1977 as Mid Hudson Contractor Supply and grew to be one of the largest equipment rental companies in the Northeast, with annual revenues of approximately $16 million. The acquired company primarily serves professional contractors and homeowners.

Fred Ransom, vice president - Northeast Region for United Rentals, said, "Handy's branch network is a strong complement to our company's presence in the region. This acquisition expands United Rentals' ability to serve customers in two states by providing expert solutions that are more accessible than ever before."

About United Rentals

United Rentals, Inc. is the largest equipment rental company in the world, with an integrated network of more than 740 rental locations in 48 states, 10 Canadian provinces and Mexico. The company's 13,400 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® and is headquartered in Greenwich, Conn. Additional information about United Rentals is available at www.unitedrentals.com.

Contact:

Chuck Wessendorf
VP, Investor Relations and Corporate Communications
United Rentals, Inc.
(203) 618-7318 
cwessendorf@ur.com

Nicole Salas
Manager, Corporate Communications
United Rentals, Inc.
(203) 618-7246
nsalas@ur.com