United Rentals Files 2005 and 2004 Annual Reports on Form 10-K

April 7, 2006 -- United Rentals, Greenwich, Conn., recently filed its annual reports on Form 10-K for the years ended December 31, 2005, and December 31, 2004, with the Securities and Exchange Commission. This Form 10-K filings bring the company into compliance with the annual reporting requirements of the New York Stock Exchange.

The company also announced it anticipates completing its quarterly reports on Form 10-Q for the 2005 interim periods and expects to file these reports by mid-April. United Rentals has obtained a short-term amendment from the lenders under its senior credit facility to allow the company until April 28, 2006 to file these reports.

"The filing of our annual financial statements represents another significant step forward for our company,” said Wayland Hicks, chief executive officer for United Rentals. “We are continuing to cooperate fully with the SEC in its ongoing inquiry and are now working toward filing our 2005 quarterly statements."

According to Hicks, the company's strong performance in 2005 has continued into the first quarter, with total revenues of $530 million for the first two months. This is an increase of 14% from 2005. The company's final results for 2005 include revenues of $3.56 billion and diluted earnings per share of $1.80, compared with preliminary earnings per share of $1.81, reflecting an additional restatement, related to the allocation of the purchase price of acquisitions completed since July 2001. As a result of this additional restatement, the company's financial results filed today reflect an annual decrease in reported pre-tax income of approximately $3 million in 2005 and 2004, $2 million in 2003 and $1 million in 2002.