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Default Plaintiff and Rent-A-Center Agree to Settle New Jersey Class Action Law Suit

DATELINE -- (BUSINESS WIRE) - May 1, 2007, Camden, NJ, Plaintiff Hilda
Perez and her attorneys, Seth R. Lesser, Esq. of the Locks Law Firm,
Mark R. Cuker, Esq. of Williams Cuker Berezofsky, and William Riback,
Esq. of the Law Office of William Riback, announced today that an
agreement has been reached to settle her class action lawsuit against
Rent-A-Center, Inc., for $109 million. This class action settlement
will fully reimburse those customers who entered into contracts with
Rent-A-Center in the State of New Jersey during the period April 23,
1999 through March 16, 2006 for the amounts that they paid Rent-A-
Center in excess of that permitted under the New Jersey law as
resolved by the New Jersey Supreme Court in this case. These
approximately 100,000 Rent-A-Center customers will each receive, on
average, almost $800.00. Further details will be provided upon the
parties' submission of the settlement to the Court in late May or June
2007.

Please call 1 (866) 963-9974 if you believe you are a class member.

For more information contact the Plaintiff's Settlement Class
Counsel: Seth R. Lesser, Esq. of the Locks Law Firm at 1 (212)
838-3333, ; Mark R. Cuker, Esq. of Williams
Cuker Berezofsky at 1 (215) 557-0099,
; William
Riback, Esq. of the Law Office of William Riback at 1 (856) 342-9700,
; or Rent-A-Center: Gus Whitcomb, Vice President of
Public Affairs, 1 (800) 275-2696, extension 1025,
.

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