Exhibit 99.1

RSC Reports 3Q11 Results

SCOTTSDALE, Ariz., October 20, 2011 — RSC Holdings Inc. (NYSE: RRR), one of the largest equipment rental providers in North America, today announced financial results for the quarter ended September 30, 2011. Total revenue was $407 million and rental revenue was $361 million, compared with $334 million and $292 million, respectively, for the same period last year. The company’s third quarter net income was $16 million, or $0.15 per diluted share, compared with a net loss of $6 million, or $0.06 per diluted share, for the third quarter 2010.

Adjusted EBITDA was $163 million for the quarter, compared with $119 million for the same period last year. Adjusted EBITDA margin was 40.1% for the third quarter, compared with 35.6% in 2010. The increase in profitability and margins primarily reflects continued volume growth, pricing growth and the company’s ability to leverage and control its operating costs.

Third Quarter 2011 Highlights

•

Generated a 38% increase in year-over-year Adjusted EBITDA.

•

Grew rental revenue 24% over the third quarter 2010.

•

Increased rental volume 19.0% year-over-year, the fifth consecutive quarter of double-digit volume growth.

•

Improved rental rates 1.0% sequentially from the second quarter and 4.6% over the third quarter of last year.

•

Increased average fleet utilization to 73%, up 380bps from the third quarter 2010.

•

Invested $176 million in gross rental capital expenditures in response to growing demand.

•

Sold $67 million of existing fleet at original cost with record margins of 38%, up from 16% in the year ago quarter.

•

Strong availability of $648 million under the ABL revolver as of September 30, 2011.

CEO Comments

Erik Olsson, President and Chief Executive Officer, commented: “The third quarter was another very strong quarter and we have once again significantly outpaced the growth of our end markets. We see the current economic environment with low GDP growth playing perfectly into the value proposition of renting and to RSC, in particular. As a result, we produced an impressive 19% volume growth, while at the same time generating positive year-over-year pricing of 4.6%. This growth, in combination with strong cost management, resulted in a 38% year-over-year increase in Adjusted EBITDA. Furthermore, improved results were widespread with all regions delivering double-digit revenue growth and significant increases in utilization.”

Outlook for 4Q11

Business momentum will remain very strong for RSC and the company expects to continue to outpace its underlying end-markets in the fourth quarter and produce year-over-year rental revenue growth in excess of 20%. The economic environment and reduced availability of credit, coupled with the favorable economics of renting are causing more and more customers to rent at an accelerating pace instead of committing capital to buy equipment, and the company expects this outsourcing trend to continue. Rental rates are anticipated to be comparable with those achieved in the third quarter 2011. The company expects average utilization levels for the fourth quarter to exceed 70%.

Mr. Olsson concluded: “We expect favorable year-over-year comparisons in the fourth quarter and a strong finish to 2011. We see continued growing demand from our end markets and are benefiting from the consistent execution of our business model with market share gains as well as increasing outsourcing of equipment needs. As a result, we believe an economic environment with low to medium rate GDP growth will be favorable to renting equipment and provide significant growth opportunities also in the coming year.”

Conference Call

RSC Holdings will hold a conference call today at 5:15 p.m. Eastern Time. Investors may access the call by visiting the investor relations portion of the RSC website at www.RSCrental.com/Investor. To listen to the live conference call from the U.S. and Canada dial (866) 393-7634; from international locations dial (706) 679-0678. A replay of the conference call will be available through November 3, 2011. To access the replay dial: U.S. and Canada: (855) 859-2056; international (404) 537-3406. Pass code: 16489259. A replay of the webcast will also be available at www.RSCrental.com/Investor.

Investor Presentation Information

Information concerning our business and financial results that we expect to use at upcoming investor presentations will be made available on our website following the conference call and will be maintained on our website for at least the period of its use at such meetings or until updated by more current information.

About RSC Holdings Inc.

RSC Holdings Inc. (NYSE: RRR), based in Scottsdale, Arizona, is the holding company for the operating entity RSC Equipment Rental, Inc. (“RSC”), which is a premier provider of rental equipment in North America, servicing the industrial, maintenance and non-residential construction markets with $2.7 billion of equipment at original cost. RSC offers superior equipment availability, reliability and 24x7 service to customers through an integrated network of 452 branch locations across 42 states in the United States and three provinces in Western Canada. Customer solutions to improve efficiency and reduce cost include the proprietary Total Control^® rental management software, Mobile Tool Rooms™ and on-site rental locations. With over 4,600 employees committed to safety and sustainability, RSC delivers the best value and industry leading customer service. All information is as of September 30, 2011. Additional information about RSC is available at www.RSCrental.com.

Forward Looking Statements

This press release contains certain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on management’s current expectations and are subject to uncertainty and changes in factual circumstances. The forward-looking statements herein include statements regarding the company’s future financial position, end-market outlook, business strategy, budgets, projected costs and plans and objectives of management for future operations.

In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as “may”, “plan”, “see”, “will”, “should”, “expect”, “anticipate”, “believe” or “continue” or the negative thereof or variations thereon or similar terminology. Actual results and developments may therefore differ materially from those described in this release.

The company cautions therefore that you should not rely unduly on these forward-looking statements. You should understand the risks and uncertainties discussed in “Risk Factors” and elsewhere in the company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the United States Securities and Exchange Commission could affect the company’s future results and could cause those results or other outcomes to differ materially from those expressed or implied in the company’s forward-looking statements.

These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, we disclaim any obligation to update these forward-looking statements to reflect future events or circumstances.

Non-GAAP Financial Information

In addition to disclosing financial results that are determined in accordance with U.S. generally accepted accounting principles (“GAAP”), the company also discloses in this press release certain non-GAAP financial information including adjusted EBITDA and free cash flow. These financial measures are not recognized measures under GAAP and they are not intended to be and should not be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures, please see the tables captioned “Adjusted EBITDA GAAP Reconciliations” and “Free Cash Flow GAAP Reconciliation” included at the end of this release. Additionally, explanations of these Non-GAAP measures are provided in Annex A attached to this release.

RSC HOLDINGS INC. AND SUBSIDIARIES
Condensed Consolidated Statements of Operations
(in thousands, except per share data)
(unaudited)

		Three Months Ended												Nine Months Ended
		September 30,								Change				September 30,								Change
		2011				2010				%				2011				2010				%
Revenues:
Equipment rental revenue		$	360,554			$	291,671				23.6	%		$	948,025			$	773,618			22.5	%
Sale of merchandise			14,573				12,897				13.0				40,351				37,588			7.4
Sale of used rental equipment			32,245				29,216				10.4				113,044				84,315			34.1
Total revenues			407,372				333,784				22.0				1,101,420				895,521			23.0
Cost of revenues:
Cost of equipment rentals, excluding depreciation			171,851				147,451				16.5				478,533				418,691			14.3
Depreciation of rental equipment			76,782				68,878				11.5				221,630				202,921			9.2
Cost of merchandise sales			9,796				9,312				5.2				26,827				27,266			(1.6	)
Cost of used rental equipment sales			19,869				24,575				(19.1	)			76,624				73,143			4.8
Total cost of revenues			278,298				250,216				11.2				803,614				722,021			11.3
Gross profit			129,074				83,568				54.5				297,806				173,500			71.6
Operating expenses:
Selling, general and administrative			45,519				36,505				24.7				130,720				107,224			21.9
Depreciation and amortization of non-rental equipment and intangibles			10,619				10,012				6.1				31,535				29,979			5.2
Other operating gains, net			(1,025	)			(1,167	)			n/a				(2,708	)			(3,617	)		n/a
Total operating expenses, net			55,113				45,350				21.5				159,547				133,586			19.4
Operating income			73,961				38,218				n/a				138,259				39,914			n/a
Interest expense, net			47,363				48,446				(2.2	)			176,306				146,472			20.4
Loss on extinguishment of debt			—				—				n/a				15,342				—			n/a
Other (income) expense, net			444				(264	)			n/a				(62	)			(364	)		n/a
Income (loss) before (provision) benefit for income taxes			26,154				(9,964	)			n/a				(53,327	)			(106,194	)		n/a
(Provision) benefit for income taxes			(10,321	)			3,542				n/a				18,795				39,829			n/a
Net income (loss)		$	15,833			$	(6,422	)			n/a			$	(34,532	)		$	(66,365	)		n/a
Weighted average shares outstanding used in computing net income (loss) per common share:
Basic			103,931				103,521								103,874				103,501
Diluted			104,652				103,521								103,874				103,501
Net income (loss) per common share:
Basic		$	0.15			$	(0.06	)						$	(0.33	)		$	(0.64	)
Diluted		$	0.15			$	(0.06	)						$	(0.33	)		$	(0.64	)
Other operational data (a):
Fleet utilization			72.5	%			68.7	%							68.2	%			62.4	%
Average fleet age at period end (months)			41				43								41				43
Same store rental revenue growth / (decline)			22.8	%			9.6	%							24.1	%			(4.9	)%
Employees			4,635				4,382								4,635				4,382
Original equipment fleet cost at period end (in millions)		$	2,696			$	2,375							$	2,696			$	2,375

RSC HOLDINGS INC. AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
(in thousands)
(unaudited)

		September 30,				December 31,
		2011				2010
Assets
Cash and cash equivalents		$	27,807			$	3,510
Accounts receivable, net			267,823				228,532
Inventory			16,087				14,171
Deferred tax assets, net			10,362				17,912
Prepaid expense and other current assets			11,362				13,798
Total current assets			333,441				277,923
Rental equipment, net			1,602,117				1,336,424
Property and equipment, net			119,559				110,779
Goodwill and other intangibles, net			957,503				939,302
Deferred financing costs			54,699				44,205
Other long-term assets			8,560				9,342
Total assets		$	3,075,879			$	2,717,975
Liabilities and Stockholders’ Deficit
Accounts payable		$	380,882			$	193,819
Accrued expenses and other current liabilities			124,454				119,608
Current portion of long-term debt			27,180				25,294
Total current liabilities			532,516				338,721
Long-term debt			2,257,174				2,043,887
Deferred tax liabilities, net			310,711				330,862
Other long-term liabilities			26,214				41,782
Total liabilities			3,126,615				2,755,252
Total stockholders’ deficit			(50,736	)			(37,277	)
Total liabilities and stockholders’ deficit		$	3,075,879			$	2,717,975

RSC HOLDINGS INC. AND SUBSIDIARIES
Condensed Consolidated Statements of Cash Flows
(in thousands)
(unaudited)

		Nine Months Ended
		September 30,
		2011				2010
Cash flows from operating activities:
Net loss		$	(34,532	)		$	(66,365	)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization			253,165				232,900
Amortization of deferred financing costs			7,532				9,553
Amortization of original issue discount			921				826
Share-based compensation expense			5,216				3,966
Gain on sales of rental and non-rental property and equipment, net of non-cash write-offs			(37,777	)			(9,635	)
Deferred income taxes			(24,719	)			(16,261	)
Gain on settlement of insurance property claims			—				(1,736	)
Loss on extinguishment of debt			15,342				—
Interest expense, net on ineffective hedge			(104	)			95
Changes in operating assets and liabilities			149,122				159,106
Net cash provided by operating activities			334,166				312,449
Cash flows from investing activities:
Cash paid for acquisition			(49,098	)			—
Purchases of rental equipment			(543,335	)			(265,714	)
Purchases of property and equipment			(8,381	)			(5,630	)
Proceeds from sales of rental equipment			113,044				84,315
Proceeds from sales of property and equipment			4,832				2,185
Insurance proceeds from rental equipment and property claims			—				1,736
Net cash used in investing activities			(482,938	)			(183,108	)
Cash flows from financing activities:
Net proceeds (payments) on debt			176,009				(127,928	)
Financing costs			(27,926	)			(1,401	)
Proceeds from stock option exercises			1,922				323
Other			24,451				—
Net cash provided by (used in) financing activities			174,456				(129,006	)
Effect of foreign exchange rates on cash			(1,387	)			694
Net increase in cash and cash equivalents			24,297				1,029
Cash and cash equivalents at beginning of period			3,510				4,535
Cash and cash equivalents at end of period		$	27,807			$	5,564
Supplemental disclosure of cash flow information:
Cash paid for interest		$	159,702			$	126,655
Cash paid (received) for taxes, net			(14,393	)			(25,562	)

RSC HOLDINGS INC. AND SUBSIDIARIES
Rental Revenue Growth Bridge
(in thousands)

		Rental Revenues
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
2010		$	291,671			$	773,618
Changes:
Volume			18.5	%			17.6	%
Price			4.6	%			4.4	%
Currency			0.5	%			0.5	%
2011		$	360,554			$	948,025

Annex A

EBITDA and Adjusted EBITDA. EBITDA, a supplemental non-GAAP financial measure, is defined as consolidated net income (loss) before net interest expense, income taxes and depreciation and amortization. Adjusted EBITDA as presented herein is a non-GAAP financial measure and is defined as consolidated net income (loss) before net interest expense, income taxes, and depreciation and amortization and before certain other items, including loss on extinguishment of debt, share-based compensation, and other (income) expense, net. All companies do not calculate EBITDA and Adjusted EBITDA in the same manner, and RSC Holdings’ presentation may not be comparable to those presented by other companies.

The company presents EBITDA and Adjusted EBITDA in this release because it believes these calculations are useful to investors in evaluating our financial performance and as a liquidity measure. However, EBITDA and Adjusted EBITDA are not recognized measurements under GAAP, and when analyzing the company’s performance, investors should use EBITDA and Adjusted EBITDA in addition to, and not as an alternative to, net income (loss) or net cash provided by operating activities as defined under GAAP.

Free cash flow. The company defines free cash flow as net cash provided by operating activities and net capital inflows (expenditures). All companies do not calculate free cash flow in the same manner, and RSC Holdings’ presentation may not be comparable to those presented by other companies. We believe free cash flow provides useful additional information concerning cash flow available to meet future debt service obligations and working capital needs. However, free cash flow is a non-GAAP measure and should be used in addition to, and not as an alternative to, data presented in accordance with GAAP.

The accompanying tables reconcile the GAAP financial measures that are most directly comparable to these non-GAAP financial measures.

RSC HOLDINGS INC. AND SUBSIDIARIES
Adjusted EBITDA GAAP Reconciliations
(in thousands)

		Three Months Ended								Nine Months Ended
		September 30,								September 30,
		2011				2010				2011				2010
Net income (loss)		$	15,833			$	(6,422	)		$	(34,532	)		$	(66,365	)
Depreciation of rental equipment and depreciation and amortization of non-rental equipment and intangibles			87,401				78,890				253,165				232,900
Interest expense, net			47,363				48,446				176,306				146,472
Provision (benefit) for income taxes			10,321				(3,542	)			(18,795	)			(39,829	)
EBITDA		$	160,918			$	117,372			$	376,144			$	273,178
Adjustments:
Loss on extinguishment of debt			—				—				15,342				—
Share-based compensation			2,048				1,708				5,216				3,966
Other (income) expense, net			444				(264	)			(62	)			(364	)
Adjusted EBITDA		$	163,410			$	118,816			$	396,640			$	276,780
(Adjusted EBITDA as a percentage of total revenues)			40.1	%			35.6	%			36.0	%			30.9	%

		Three Months Ended								Nine Months Ended
		September 30,								September 30,
		2011				2010				2011				2010
Net cash provided by operating activities		$	61,023			$	142,556			$	334,166			$	312,449
Gain on sales of rental and non-rental property and equipment, net of non-cash write-offs			12,527				4,310				37,777				9,635
Gain on settlement of insurance property claims			—				—				—				1,736
Cash paid for interest			52,093				33,301				159,702				126,655
Cash paid (received) for taxes, net			(16,883	)			(25,489	)			(14,393	)			(25,562	)
Other (income) expense, net			444				(264	)			(62	)			(364	)
Changes in other operating assets and liabilities			54,206				(35,598	)			(120,550	)			(147,769	)
Adjusted EBITDA		$	163,410			$	118,816			$	396,640			$	276,780

Free Cash Flow GAAP Reconciliation
(in thousands)

		Three Months Ended								Nine Months Ended
		September 30,								September 30,
		2011				2010				2011				2010
Net cash provided by operating activities		$	61,023			$	142,556			$	334,166			$	312,449
Purchases of rental equipment			(175,988	)			(118,748	)			(543,335	)			(265,714	)
Purchases of property and equipment			(3,598	)			(3,995	)			(8,381	)			(5,630	)
Proceeds from sales of rental equipment			32,245				29,216				113,044				84,315
Proceeds from sales of property and equipment			1,628				533				4,832				2,185
Insurance proceeds from rental equipment and property claims			—				—				—				1,736
Net capital expenditures			(145,713	)			(92,994	)			(433,840	)			(183,108	)
Free cash flow		$	(84,690	)		$	49,562			$	(99,674	)		$	129,341

Statistical Measures

Fleet utilization is defined as the average aggregate dollar value of equipment rented by customers (based on original equipment fleet cost) during the relevant period, divided by the average aggregate dollar value of all equipment owned (based on original equipment fleet cost) during the relevant period.

Average fleet age at period end is the number of months since an equipment unit was first placed in service, weighted by multiplying individual equipment ages by their respective original costs and dividing the sum of those individual calculations by the total original cost. Equipment refurbished by the original equipment manufacturer is considered new.

Same store rental revenue growth/(decline) is calculated as the year-over-year change in rental revenue for locations that are open at the end of the period reported and have been operating under the company’s direction for more than 12 months.

Employee count is given as of the end of the period indicated and the data reflects the actual head count as of each period presented.

Original Equipment Fleet Cost (OEC) is defined as the original dollar value of rental equipment purchased from the original equipment manufacturer (OEM). Fleet purchased from non-OEM sources is assigned a comparable OEC dollar value at the time of purchase.

Return on operating capital employed (ROCE) is calculated by dividing operating income (excluding transaction costs, management fees, and amortization of intangibles) for the preceding twelve months by the average operating capital employed. For purposes of this calculation, average operating capital employed is considered to be all assets other than cash, deferred tax assets, hedging derivatives, goodwill and intangibles, less all liabilities other than debt, hedging derivatives and deferred tax liabilities.

Contacts

Investor/Analyst Contacts:
Scott Huckins, VP — Treasurer
(480) 281-6956 or
Scott.Huckins@RSCRental.com

Media Contact:
Chenoa Taitt
(212) 223-0682