|Exhibit 99.1
|------------

|FOR: |  | INTERPOOL, INC.
|---- |  | ---------------

## FOR IMMEDIATE
RELEASE

|CONTACT: |  | Mitchell I. Gordon
                                                                           Executive Vice President &
                                                                           Chief Financial Officer
                                                                           (212) 916-3284

                                                                           Morgen-Walke Associates
                                                                           Christine Mohrmann, Lauren Levine
                                                                           Media contact: Steve DiMattia
                                                                           (212) 850-5600
|-------- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|INTERPOOL, INC. NAMED
TO THE FORBES 200 BEST SMALL COMPANIES LIST


PRINCETON, NJ, October 16, 2001 -
Interpool, Inc. (NYSE: IPX) announced today that it has been named to Forbes Magazines
list of 200 Best Small Companies in America. The list appears in the publications Oct.
29, 2001 issue.


According to Forbes, the ranking is
determined by weighing a combination of return on equity, sales, and earnings-per-share
growth, with each measured during the past five years and the most recent four quarters.


Martin Tuchman, Chairman and Chief
Executive Officer of Interpool, commented: The ranking of Interpool among the 200
Best Small Companies in America by Forbes Magazine is further testament to the success of
our business. A focus on our core leasing operations, a disciplined approach to investing
in new assets, and dedicated employees have contributed significantly to our long-term
growth, ultimately allowing us to provide value to our shareholders.


Interpool, originally founded in
1968, is one of the worlds leading suppliers of equipment and services to the
transportation industry. It is the largest lessor of intermodal container chassis in the
United States and a world-leading lessor of cargo containers used in international trade.
Interpool operates from over 90 locations throughout the world.


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.


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



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