United Rentals Announces Revised Pricing Information for Current Tender Offers and Consent Solicitations

United Rentals, Inc. (NYSE: URI) (the "Company”) today announced revised pricing information with respect to 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”). 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”). The Offers currently expire at 12:00 midnight on December 7, 2007 (as such time and date may be extended pursuant to the terms of the Statements, the "Expiration Date”). The consent payment deadline relating to the Notes expired on October 29, 2007 at 5:00 p.m., New York City time (the "Consent Date”) and has not been extended. As of midnight, New York City time, on November 21, 2007, URNA had received tenders of Notes and deliveries of related consents from holders of approximately $998,492,850, or 99.9%, of the $1,000,000,000 aggregate principal amount of the 6 1/2 % Notes outstanding, approximately $517,896,000, or 98.7%, of the $525,000,000 aggregate principal amount of the 7 3/4 % Notes outstanding, and approximately $371,719,000, or 99.1%, of the $375,000,000 aggregate principal amount of the 7% Notes outstanding. The Company announced that, subject to the terms and conditions of the tender offers and consent solicitations, the Total Consideration to be paid by URNA for each $1,000 principal amount of (i) 6 1/2% Notes validly tendered and not properly withdrawn on or prior to the Consent Date has been increased to $1,037.30 from $1,036.83, (ii) 7 3/4% Notes validly tendered and not properly withdrawn on or prior to the Consent Date has been increased to $1,074.25 from $1,069.02, and (iii) 7% Notes validly tendered and not properly withdrawn on or prior to the Consent Date has been increased to $1,071.93 from $1,064.30. The Total Consideration amounts include the consent payment of $30.00 per $1,000 principal amount of notes timely tendered (the "Consent Fee”). Holders will also be entitled to accrued interest up to, but not including, the settlement date. Holders who tendered their Notes after the Consent Date, but at or prior to the Expiration Date, will not be eligible to receive the Consent Fee. The Total Consideration amounts described above were determined based upon the pricing formula set forth in the Statements and assume a settlement date of December 10, 2007 (which settlement date is subject to change in the event the Expiration Date is extended). Except for the revised pricing information, 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 contemplated merger (the "Merger”) of RAM Acquisition Corp. ("RAM”), an entity indirectly controlled by affiliates of Cerberus Capital Management, L.P. ("Cerberus”), with and into the Company pursuant to the terms of the merger agreement and URNA having sufficient available funds to pay the Total Consideration with respect to all Notes. In light of Cerberus’ recent repudiation of its obligations under the merger agreement, there can be no assurances that the Merger will occur or that the Offers will be consummated. The Company has recently initiated litigation in the Delaware Court of Chancery against RAM and its parent, RAM Holdings, Inc., seeking to compel the two RAM entities to complete the agreed-upon transaction. 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 ® 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. For a description of factors that could cause actual results to differ from those expected, 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.