|Exhibit 99.3
|------------

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

## FOR IMMEDIATE
RELEASE

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

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

|INTERPOOL,
INC. TO BROADCAST THIRD QUARTER 2001CONFERENCE CALL OVER THE INTERNET


PRINCETON, NEW JERSEY,
November 1, 2001  Interpool, Inc. (NYSE:IPX) announced today that it
intends to release its third quarter 2001 results on Tuesday, November 6, 2001,
before the open of the market. In conjunction with this release, Interpool will
host a conference call, which will be simultaneously broadcast live over the
Internet. Raoul J. Witteveen, President and Chief Operating Officer, and
Mitchell I. Gordon, Executive Vice President and Chief Financial Officer, will
host the call.


Tuesday, November 6, 2001
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | 11:30 A.M. Eastern Time 
10:30 A.M. Central Time 
  9:30 A.M. Mountain Time 
  8:30 A.M. Pacific Time
| |  | -----------------------------------------------------------------------------------------------------

|Listeners may access the
conference call live over the Internet through the On-line Information link in
the Financials section of the Companys web site at
http://www.interpool.com, or at
http://www.videonewswire.com/event.asp?id=1548. Please allow 15 minutes
prior to the call to visit these sites and download and install any necessary
audio software. The webcast of the conference call will be archived at these
sites beginning approximately one hour after the call ends through Tuesday,
December 4, 2001 at 11:59 P.M. Eastern Time.


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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