RSC Holdings Inc. (NYSE:RRR), one of the largest equipment rental providers in North America, announced that Ripplewood Holdings, L.L.C. (“Ripplewood”), a private equity firm holding approximately 34% of outstanding RSC Holdings common stock through two of its funds, has distributed approximately 26.6 million RSC common shares to its limited partners and is retaining ownership of the remaining 8.2 million shares. Oak Hill Capital Management, LLC, a private equity firm also holding approximately 34% of outstanding RSC Holdings common shares, is retaining its entire position in RSC.

Timothy Collins, Ripplewood’s founder, stated: “We continue to believe that RSC is the best company in the equipment rental business and we are pleased by the success of our investment to date. This share distribution was made to provide our limited partners with greater flexibility in an environment where private equity investors are very focused on liquidity. We have great confidence in the RSC business model and management team with respect to our continued investment in the company.”

Denis Nayden, Chairman of RSC’s Board of Directors and a managing partner at Oak Hill, also commented: “We continue to be impressed with the execution management is exhibiting during these challenging times and with the manner in which the company continues to lead its industry in virtually every significant metric. We remain confident in the long term prospects for this company and our investment.”

Erik Olsson, President and Chief Executive Officer, added: “This distribution has the benefit of diversifying our shareholder base and increasing our public float and has no impact on our operations, liquidity, debt covenants or financial results. We will continue to work closely with our Board of Directors to deliver industry leading performance and drive shareholder value. We are grateful for the contributions Ripplewood and its representatives on our Board of Directors have made over the past three years.”

Simultaneous with the share distribution, Ripplewood’s four representatives on the Board of Directors of RSC Holdings Inc. have resigned. Ripplewood representatives were Timothy Collins, Christopher Minnetian, Scott Spielvogel and Donald Wagner. Concurrent with this announcement the Board of Directors reduced its size to eight members in light of the four vacancies created by these resignations.

About RSC Holdings Inc. (NYSE: RRR) and RSC Equipment Rental, Inc.

Based in Scottsdale, Ariz., RSC Holdings Inc. is the holding company for the operating entity, RSC Equipment Rental, Inc., which is one of the largest equipment rental providers in North America servicing construction and industrial markets with an original equipment fleet cost of $2.5 billion. RSC offers superior levels of equipment availability, reliability and service to customers through an integrated network of 463 rental locations across 40 states in the United States and in three Canadian provinces as of June 30, 2009. With 4,500 employees committed to continuous safety and 24x7 customer care, RSC delivers the loyal customer support needed to build the future. Additional information about RSC is available at www.RSCrental.com.