Aaron Rents, Inc. Acquires Six Franchised Stores

Oct 25, 2005

ATLANTA, Oct. 25 /PRNewswire-FirstCall/ -- Aaron Rents, Inc. (NYSE: RNT), the nation's leader in the sales and lease ownership, specialty retailing and rental of residential and office furniture, consumer electronics and home appliances and accessories, today announced the acquisition of six Aaron's Sales & Lease Ownership franchised stores.

"We will continue to grow these stores as Company-operated stores," said R. Charles Loudermilk, Sr., Chairman and Chief Executive Officer of Aaron Rents. "They are located in markets with excellent growth and profitability potential."

The stores were acquired from Georto, Inc., a franchisee of Aaron's Sales & Lease Ownership since 2000. The stores are located in Malden, Lynn, and Revere, Massachusetts, as well as two stores in Portland and one store in Lewiston, Maine. The current combined revenue volume of the six stores is approximately $415,000 per month and the purchase price was $3.9 million cash, subject to final adjustments.

Aaron Rents, Inc., based in Atlanta, currently has more than 1,150 Company-operated and franchised stores in 46 states, Canada, and Puerto Rico for the rental and sale of residential and office furniture, accessories, consumer electronics and household appliances. The Company also manufactures furniture, bedding and accessories at 10 facilities in four states.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release regarding Aaron Rents, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties which could cause actual results to differ materially from those contained in the forward-looking statements. These risks and uncertainties include factors such as changes in general economic conditions, competition, pricing, customer demand and other issues, and the risks and uncertainties discussed under "Certain Factors Affecting Forward Looking Statements" in the Company's Annual Report on Form 10-K for fiscal 2004, which discussion is incorporated herein by this reference.

SOURCE Aaron Rents, Inc.

Gilbert L. Danielson
Executive Vice President, Chief Financial Officer Aaron Rents, Inc.
Web site: http://www.aaronrents.com