Aaron Rents Directors Declare Dividend

May 2, 2001

ATLANTA, May 2 /PRNewswire/ -- The Board of Directors of Aaron Rents, Inc. (NYSE: RNT), the nation's leader in the rental, sales and lease ownership, and specialty retailing of residential and office furniture, consumer electronics and home appliances, has declared the Company's thirtieth consecutive semi- annual cash dividend. The dividend declared will be $.02 per share on Class A Common Stock and $.02 per share on Common Stock, payable July 6, 2001 to shareholders of record as of the close of business on June 1, 2001.

Aaron Rents, Inc., based in Atlanta, currently has more than 575 Company- operated and franchised stores in 42 states and Puerto Rico for the rental and sale of residential and office furniture, accessories, consumer electronics and household appliances. The Company manufactures furniture, bedding and accessories in 11 facilities in four states.

SOURCE Aaron Rents, Inc.

CONTACT: Gilbert L. Danielson, Executive Vice President, Chief Financial Officer of Aaron Rents, Inc., 404-231-0011/