United Rentals (URI)

URNA and subsidiaries:

$1.285 billion ABL Facility (1)

Accounts Receivable Securitization Facility (1)

7 ³/4 percent Senior Subordinated Notes

7 percent Senior Subordinated Notes

6 ¹/2 percent Senior Notes

1 ⁷/8 percent Convertible Senior Subordinated Notes

Other debt, including capital leases

Total URNA and subsidiaries debt

Less current portion

Long-term URNA and subsidiaries debt

Holdings:

14 percent Senior Notes

Total long-term debt (2)

(2)

In August 1998, a subsidiary trust of Holdings (the “Trust”) issued and sold $300 of 6 ¹/2 percent Convertible Quarterly Income Preferred Securities (“QUIPS”) in a private offering. The Trust used the proceeds from the offering to purchase 6 ¹/2 percent subordinated convertible debentures due 2028 (the “Debentures”), which resulted in Holdings receiving all of the net proceeds of the offering. The QUIPS are non-voting securities, carry a liquidation value of $50 (fifty dollars) per security and are convertible into Holdings’ common stock. The initial conversion rate was 1.146 shares of common stock per preferred security (equivalent to an initial conversion price of $43.63 per share). In July 2008, following the completion of a modified “Dutch auction” tender offer pursuant to which we purchased shares of our common stock, the conversion price of the QUIPS was adjusted to $41.02 and, accordingly, each $50 (fifty dollars) in liquidation preference is now convertible into 1.219 shares of common stock. Total long-term debt at March 31, 2009 and December 31, 2008 excludes $146 of these Debentures, which are separately classified in our condensed consolidated balance sheets and referred to as “subordinated convertible debentures.” The subordinated convertible debentures reflect the obligation to our subsidiary that has issued the QUIPS. This subsidiary is not consolidated in our financial statements because we are not the primary beneficiary of the trust.

Credit Facility, interest payable at a weighted average rate of 5.29, 4.81 and 5.30 percent at December 31, 2005, 2004 and 2003, respectively

Term Loan, interest payable at 6.63, 4.67 and 4.20 percent at December 31, 2005, 2004 and 2003, respectively

9 ¹/4 percent Senior Subordinated Notes, interest payable semi-annually

9 percent Senior Subordinated Notes, interest payable semi-annually

7 ³/4 percent Senior Subordinated Notes, interest payable semi-annually

7 percent Senior Subordinated Notes, interest payable semi-annually

6 ¹/2 percent Senior Notes, interest payable semi-annually

10 ³/4 percent Senior Notes, interest payable semi-annually

1 ⁷/8 percent Convertible Senior Subordinated Notes, interest payable semi-annually

Other debt, including capital leases, interest payable at various rates ranging from 5 percent to 10 percent at December 31, 2005, 2004 and 2003, due through 2009

Credit Facility, interest payable at a weighted average rate of 4.81 and 5.30 percent at December 31, 2004 and 2003, respectively

Term Loan, interest payable at 4.67 and 4.20 percent at December 31, 2004 and 2003, respectively

9 ¹/4 percent Senior Subordinated Notes, interest payable semi-annually

9 percent Senior Subordinated Notes, interest payable semi-annually

7 ³/4 percent Senior Subordinated Notes, interest payable semi-annually

7 percent Senior Subordinated Notes, interest payable semi-annually

6 ¹/2 percent Senior Notes, interest payable semi-annually

10 ³/4 percent Senior Notes, interest payable semi-annually

1 ⁷/8 percent Convertible Senior Subordinated Notes, interest payable semi-annually

Other debt, including capital leases, interest payable at various rates ranging from 5 percent to 10 percent at December 31, 2004 and 2003, due through 2009