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United Road Services, Inc. Announces a Major Expansion

13 November 1998

United Road Services, Inc. Announces a Major Expansion of its Credit Facility

    ALBANY, N.Y., Nov. 12 -- United Road Services, Inc.,
a leading national provider of towing, recovery and transport
services, announced today that the Company has received commitments to expand
its revolving line of credit facility from $50 million to $90 million.
    Led by Bank America, the syndicate of lenders includes Bank Boston, Chase
Manhattan Bank, Comerica Bank, and Fleet Bank.  The expanded credit facility
will enable United Road Services to continue its strategic acquisitions of
high quality towing and transport companies in 1999.
    "We appreciate the support demonstrated by the banks in expanding our
credit facility and enabling us to further increase our growth," Ed Sheehan,
Chief Executive Officer and Chairman of the Board for United Road Services,"
said recently.  "We now have significant additional capital to execute our
1999 acquisition program."
    Mr. Sheehan also noted that the revised banking arrangement is a
reflection of the financial progress United Road Services has achieved and the
banks' confidence in the Company's long term business plan.  "We have been
given a vote of confidence from the financial community that will further
enhance our strategic growth and our financial performance as a dynamic
provider of towing, recovery and transport services."
    Formed in July 1997, United Road Services has an expanding network of
48 service locations in 16 states.  The Company's broad range of services
includes towing, impounding and storing motor vehicles, conducting lien sales
and auctions of abandoned vehicles, and transporting new and used vehicles,
and heavy construction equipment.  The Company's customer base includes
national automobile leasing and insurance companies, new car manufacturers,
automobile dealers, governmental agencies, automobile auction companies, and
individual motorists.  More information regarding United Road Services, Inc.
may be obtained from the Company's web site at http://www.unitedroad.com.
    This release contains forward-looking statements.  These statements are
subject to certain risks and uncertainties that could cause actual results to
differ materially from those anticipated in the forward-looking statements.
Readers should not place undue reliance on forward-looking statements, which
reflect management's view only as of the date hereof.  The Company undertakes
no obligation to publicly revise these forward-looking statements to reflect
subsequent events or circumstances.  Readers should carefully review the risk
factors described in documents the Company files from time to time with the
Securities and Exchange Commission.