Aaron's Hits 1,000th Store Mark With Newest Location In Swainsboro, Ga

ATLANTA, GEORGIA (Wednesday, October 06, 2004) - Aaron Rents, Inc. (NYSE: RNT), the nation’s leader in the rental, sales and lease ownership, specialty retailing and rental of residential and office furniture, consumer electronics, home appliances and accessories, will break ground October 7, 2004 on its 1,000th store, located in Swainsboro, GA.

The Company’s fast-growing Aaron’s Sales & Lease Ownership division is on target to meet the rapid growth goals set earlier in the year by Chairman and Chief Executive Officer R. Charles Loudermilk, Sr. Of the 1,000 stores open, approximately 63 percent are currently company operated and 37 percent are franchised.

“Reaching the 1,000-store mark is a significant milestone for our company and for our franchise owners in terms of how it illustrates the strength and sustenance of the Aaron’s concept,”Loudermilk said. “The products we lease and sell are not trendy, but essential items that people need in their day-to-day lives. Our franchise opportunity has withstood the test of time and continues to offer growth potential regardless of the state of the economy, he said, further noting that according to U.S. Census Bureau, furniture and home furnishings retailing is a $93.9 billion market, consumer electronics and appliances is an $88 billion market.

Loudermilk said the Company chose Swainsboro for the 1000 th location because it is symbolic of Aaron’s growth plan –the intersections of the country’s longest highways run right through Swainsboro, allowing easy access to reach the northern coast of Maine , the southernmost tip of Florida or the West Coast. He added, “Just like our customers can get anywhere from Swainsboro, GA, Aaron’s will continue to expand our store opening program to serve customers from coast-to-coast in the coming years.”

About Aaron’s

Aaron’s stores offer customers access to high quality furniture, appliances, electronics and computers for sale or as a lease-ownership arrangement. Customers have the option of buying their merchandise for an attractive cash price, or opting to lease their merchandise for even greater flexibility. With a lease option, customers make modest monthly payments and have the immediate use of the items they need without waiting for credit checks or other delays. Plus, Aaron’s will take care of delivery, set-up, repairs and more for the duration of a customer’s lease.

Aaron Rents, Inc. is a leader in the sale and lease ownership of residential furniture, consumer electronics and home appliances, now with 1,000 Company-operated and franchised stores in 45 states, Canada and Puerto Rico . The Company also manufactures an exclusive line of furniture, bedding and accessories at 10 facilities in four states.

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