Aaron Rents, Inc. Directors Declare Dividend; Increase Payout 7.7%

Aug 4, 2005

ATLANTA, Aug. 4 /PRNewswire-FirstCall/ -- The Board of Directors of 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, has declared a quarterly cash dividend. The dividend declared is $.014 per share on Common Stock and $.014 per share on Class A Common Stock, payable October 3, 2005 to shareholders of record as of the close of business on September 1, 2005. This is an increase of 7.7% from the previous quarterly dividend of $.013 per share on both classes of stock.

"We have tripled our annual dividend payout over the last three years," said R. Charles Loudermilk, Sr., Chairman and Chief Executive Officer of Aaron Rents. "The Company has achieved outstanding growth and financial results over this time, and Aaron Rents stock has substantially appreciated in value. The increases in dividends are a reflection of this performance and our positive outlook for the future."

Aaron Rents, Inc. based in Atlanta, currently has more than 1,124 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.

CONTACT:
Gilbert L. Danielson
Executive Vice President, Chief Financial Officer of Aaron Rents, Inc.
+1-404-231-0011 x3334
Web site: http://www.aaronrents.com
(RNT)