October 26, 2006 -- United Rentals, Inc. announced today that ... The company also announced the redemption, effective November 30, 2006, of an additional $12.7 million of its 6 1/2% Convertible Quarterly Income Preferred Securities ("QUIPS"). The redemption price of 101.3%, together with accrued and unpaid dividends up to, but excluding, the November 30, 2006, redemption date, will be made to registered holders of the QUIPS as of the record date of November 15, 2006. The QUIPS, $159 million of which were outstanding as of September 30, 2006, were issued in August 1998 by United Rentals Trust I. The company previously redeemed $63 million of the QUIPS last month. __________ Aug. 31, 2006 -- United Rentals, Inc. announced today the redemption, effective September 29, 2006, of $63 million of its 6 1/2% Convertible Quarterly Income Preferred Securities. The QUIPS, of which $222 million are currently outstanding, were issued in August 1998 by United Rentals Trust I. The redemption price will be 101.3% ($50.65), together with accrued and unpaid dividends to, but excluding, the September 29th redemption date. Payment of the redemption price will be made to those holders of QUIPS being redeemed who are registered holders as of the record date, September 14, 2006.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  United Rentals Trust I, 6 1/2% Convertible Quarterly Income Preferred Securities (Convertible QUIPS), liquidation amount $50 per share, guaranteed by United Rentals Inc. (NYSE: URI), redeemable at the issuer's option on or after 8/02/2001 at 104.55% of the $50 per share liquidation preference which declines to 100% on or after 8/02/2008 (see schedule on page 52 of the prospectus) plus accrued and unpaid dividends, and maturing 8/01/2028. Distributions of 6 1/2% ($3.25) per annum are paid quarterly on 2/1, 5/1, 8/1 & 11/1 to holders of record one business day prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date). The preferred shares are convertible any time at the holder's option into 1.14593 common shares of United Rentals Inc. (NYSE: URI), an initial conversion price of $43.6325 per common share. The company has the right, at any time, to defer interest payments for up to 20 consecutive quarters (but not beyond the maturity date). The trust's assets consist of the 6 1/2% Junior Subordinated Deferrable Interest Convertible Debentures due 8/01/2028 which were purchased from the company using the funds generated from the sale of the convertible trust preferred securities. See the IPO prospectus for further information on the convertible trust preferred securities and their conversion provisions by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Conv Shrs Conv Price	Distribution Dates	15% Tax Rate
OTOTCn OTOTCps	6.50% $3.25	$50.00 $50.00	Partial Call 11/30/2006 8/01/2028	WR NF 3/18/2019	1.14593 $43.6325	2/1, 5/1, 8/1 & 11/1 Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

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HOME PAGE:     http://www.unitedrentals.com/
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Inv Rel Email Address	investors@unitedrentals.com
General Email Address	e-rental@ur.com
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Address and Phone Numbers

Address:   Five Greenwich Office Park, Greenwich, CT 06830
Main Phone Number	203-622-3131
Fax Number	203-622-6080
Investor Contact   Robert Miner	203-622-3131
Toll Free Phone Number	Unknown