IPX Interpool

Interpool, Inc. (NYSE:IPX) announced today that Fitch Ratings has upgraded the company's long-term and preferred debt ratings, and that Fitch's rating outlook for Interpool remains positive. The ratings for the company's senior secured debt facilities were increased to BB+, an increase of two notches. The ratings for Interpool's unsecured debt and trust preferred stock were increased three notches to BB and B+, respectively. Fitch also assigned an issuer rating of BB to Interpool. Interpool also announced that Moody's Investors Service had reviewed and increased its "shadow rating" of the company's chassis securitization financing facility to Baa2, an investment grade level. In separate press releases dated today, Interpool also announced that it will be amending certain of its filings with the Securities and Exchange Commission to correct an accounting error and that its Board of Directors had approved the payment of a special cash dividend to holders of the company's common stock. Interpool is one of the world's leading suppliers of equipment and services to the transportation industry. The company is the world's largest lessor of intermodal container chassis and a world-leading lessor of cargo containers used in international trade. This Press Release contains certain forward-looking statements regarding future circumstances. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements, including in particular the risks and uncertainties described in the company's SEC filings. The Company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof.