Interpool, Inc. to Pay Cash Dividend on Common Stock

Interpool, Inc. (NYSE: IPX) announced today that it will
pay a cash dividend of $.08 cents per share for the second quarter of
2006. The dividend will be payable on July 17, 2006 to shareholders of
record on July 3, 2006. The aggregate amount of the dividend is
expected to be approximately $2,280,000. The amount of the quarterly
dividend is based on an indicated annualized dividend rate of 32 cents
per share.
   Interpool is one of the world's leading suppliers of equipment and
services to the transportation industry. It 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 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.

   Note: This press release and other press releases and information
can be viewed at the Company's website at www.interpool.com.