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Aaron Rents Announces Public Offering of 4,000,000 Shares of Common Stock

05/09/2006

ATLANTA, May 9 /PRNewswire-FirstCall/ -- Aaron Rents, Inc. (NYSE: RNT) announced today that it plans to offer 4,000,000 shares of its non-voting Common Stock in an underwritten public offering. The offering will be made pursuant to Aaron Rents' effective shelf registration statement filed today with the Securities and Exchange Commission. SunTrust Robinson Humphrey will serve as the sole book-running manager for the offering, with Morgan Keegan & Company, Inc. serving as co-lead manager. Stifel Nicolaus, Wachovia Securities and BB&T Capital Markets will serve as co-managers. Of the total offering, 3,000,000 shares are being sold by the Company and 1,000,000 shares are being sold by the Company's Chairman and Chief Executive Officer, R. Charles Loudermilk, Sr. The net proceeds from the sale of the 3,000,000 shares sold by the Company will be used to repay bank debt and for general corporate purposes. Aaron Rents and the selling shareholder expect to grant to the underwriters an option to purchase up to an additional 450,000 and 150,000 shares of Common Stock, respectively, within 30 days after the offering to cover over allotments.

Aaron Rents, Inc., based in Atlanta, currently has more than 1,225 Company-operated and franchised stores in 46 states, Canada and Puerto Rico for the rental and sale of consumer electronics, computers, residential and office furniture, household appliances and accessories. The Company manufactures furniture, bedding and accessories at 12 facilities in five states.

These securities may not be sold nor may offers to buy be accepted prior to delivery of a prospectus, meeting the requirements of the Securities Act of 1933. This press release does not constitute an offer to sell or the solicitation of any offer to buy any shares of Aaron Rents Common Stock, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. When available, preliminary prospectuses relating to these securities may be obtained from SunTrust Robinson Humphrey, 3333 Peachtree Road, NE, Atlanta, GA 30326.

"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 "Risk Factors" in the Company's Annual Report on Form 10-K for fiscal 2005, and in the preliminary prospectus to be used in connection with the planned offering, which discussion is incorporated herein by this reference. Statements in this release that are "forward- looking" include without limitation Aaron Rents' projected revenues, earnings, and store openings for future periods.

SOURCE Aaron Rents, Inc.
/CONTACT: Gilbert L. Danielson, Executive Vice President, Chief Financial
Officer of Aaron Rents, Inc., +1-678-402-3314/
/Web site: http://www.aaronrents.com/
(RNT)

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