[DESCRIPTION]                      Amendment To Quarterly Report


                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                 ______________

                                   FORM 10-Q/A

                     AMENDMENT TO FORM 10-Q QUARTERLY REPORT
                FOR THE QUARTERLY PERIOD ENDED AUGUST 31, 1998

                         COMMISSION FILE NUMBER 0-9061

                    Filed pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934

                                  _____________

                             ELECTRO RENT CORPORATION
                               6060 Sepulveda Blvd.
                            Van Nuys, California 91411
                                 (818)  786-2525               



                                 Amendment No. 1

The purpose of this amendment is to add Year 2000 compliance disclosure to 
Item 2. Management's Discussion and Analysis of Financial Condition and Results 
of Operations in the Electro Rent Corporation Form 10-Q for the quarterly 
period ended August 31, 1998, filed on October 9, 1998, as follows:


Year 2000 Compliance

General.  The computer systems issue relating to dates beyond 1999 is the 
result of many computer programs being written to use and store dates with 
only the last two digits of the applicable year.  As a result, these programs 
may assume that all two digit dates are twentieth century dates.  This could 
result in system failure, anomalous system behavior or incorrect system 
reporting. System failure could, in turn, temporarily affect the Company's 
ability to process customer transactions, interface with vendors and engage in 
similar normal business activities.

The Company has assessed how it may be impacted.  The Company has formulated 
and begun implementation of a plan to address all known aspects of the issue. 
The Company has already completed a substantial portion of this plan and is on 
schedule to fully complete the plan by May 1999.

Software Information Systems.  Software information systems consist of the 
Company's base financial and operations system (internally-developed PERFECT 
system), other smaller scale software applications and other programs 
developed internally.  All of these systems were found to be substantially 
year 2000 compliant with immaterial associated costs.

Vendor Provided Computer Hardware and Operating Systems.  Vendor provided 
computer hardware and operating systems include all data center equipment (Sun 
Microsystems Enterprise 6000) and networks (Novell and Microsoft NT).  All of 
these systems were found to be substantially year 2000 compliant with the 
exception of the Sun 6000 operating system.  This will be upgraded in February 
1999 with immaterial associated costs.

Communications Systems.  Communications systems include all data center 
equipment and software systems used to support external communications with 
customers, employees, suppliers and business partners, and all corporate 
equipment and software systems used to support internal business management 
communications.  Corporate communications systems have been recently replaced 
and/or upgraded.  Each significant component of these communications systems 
has been tested and all were found to be substantially year 2000 compliant 
with immaterial associated costs.  The Company is currently evaluating 
communications systems at each of its field offices and will make any 
necessary replacements and/or upgrades by May 1999.  The Company does not 
expect any associated costs to be material.

Suppliers and Other Business Partners.  This area of the plan called for all 
significant suppliers and other business partners to be monitored for year 
2000 readiness.  The Company is not currently aware of any single vendor or 
business partner with year 2000 compliance issues that could have a material 
impact on the Company.  Year 2000 business transaction tests of all direct 
interfaces with vendors and other business partners will be completed by May 
1999.  The Company can provide no assurance that year 2000 compliance will be 
successfully implemented by all of its suppliers.

Contingency Planning.  The Company has not yet developed a comprehensive 
contingency plan to address the risk of operational problems and costs likely 
to result from a failure by the Company or by a supplier or business partner 
to address year 2000 readiness.  This plan will be developed by the end of May 
1999.  It will list specific action plans for failure in any of the identified 
areas of the year 2000 compliance plan. The Company believes that failure to 
complete any of the remaining work to be done will not alone adversely affect 
the continuity of the core business.  The Company believes its current state 
of readiness is on schedule with a conservative plan to be fully year 2000 
compliant by May 1999 and that business risks have been minimized.  However, 
there can be no guarantee that year 2000 compliance issues not yet identified 
or fully addressed will not materially affect the Company's operations or 
expose it to third party liability.



                          ____________________________


                                   Signatures

Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the  
Registrant has duly caused this amendment to be signed on its behalf by the 
undersigned thereunto duly authorized.

                                          ELECTRO RENT CORPORATION



Date:  January 14, 1999                   /s/ Craig R. Jones
                                          -------------------------------
                                          CRAIG R. JONES
                                          Vice President of Finance,
                                          Chief Financial Officer