|Exhibit 99.5
|------------

|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: Greg Tiberend,
                                                                          Steve DiMattia
                                                                          (212) 850-5600
|-------- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|INTERPOOL,
INC. REPORTS RECORD THIRD QUARTER 2001 OPERATING RESULTS


- Company Announces
Agreement to Sell Ownership in Personal Computer Rentals (PCR) -



PRINCETON, NJ, November 6,
2001  Interpool, Inc. (NYSE:IPX) today reported results for the third
quarter and nine months ended September 30, 2001.


Income from continuing
operations for the third quarter of 2001 was a record of $11.6 million, or $0.40
per diluted share, excluding a non-cash charge for the market value adjustment
for derivative instruments and including an after-tax gain on the retirement of
senior unsecured notes, compared to income from continuing operations in the
third quarter of 2000 of $10.7 million, or $0.38 per diluted share.


Interpool has reclassified
results from Microtech Leasing Corporation and Personal Computer Rentals (PCR)
under discontinued operations. The Company recently entered into an agreement to
sell its 51% ownership stake of PCR for book value. The Company is currently
liquidating the Microtech Leasing Corporation lease portfolio.


Revenue from continuing
operations increased 29.3% to $74.9 million in the third quarter of 2001, from
$58.0 million in the third quarter of 2000, primarily due to contributions from
the acquisition of the North American Intermodal Division of Transamerica
Leasing, Inc. in October of 2000.


Operating lease revenue for
the quarter increased 30.3% to $68.8 million over $52.8 million in the year ago
period. Pre-tax profit from operating leases was $13.9 million in the third
quarter of 2001, versus $14.9 million in the third quarter of 2000.


The Companys
container operating lease fleet at the end of the third quarter was
approximately 414,000 TEUs (twenty-foot-equivalent units), up from 368,000 TEUs
at the end of the 2000 third quarter and up from 406,000 TEUs at the end of the
previous quarter. The chassis operating lease fleet at September 30, 2001 was
169,000, up from 96,000 at the end of the third quarter 2000 and compared to
170,000 at the end of the second quarter of this year. Utilization of the
container fleet for the 2001 third quarter was 95%, down from 99% in the year
ago period and 97% in the prior quarter. Chassis utilization for the 2001 third
quarter was93%, down from 97% in the 2000 third quarter and 94% in the
second quarter of 2001.


Income from continuing
operations for the first nine months of 2001 was $35.9 million, or $1.24 per
diluted share, excluding non-cash charges for market value adjustments for
derivative instruments and including an after-tax gain on the retirement of
senior unsecured notes. This compares to income from continuing operations for
the first nine months of 2000 of $30.3 million, or $1.10 per diluted share,
excluding the cumulative effect of a change in accounting and including an
after-tax gain on the retirement of senior unsecured notes. Revenue from
continuing operations was $229.1 million for the first nine months of 2001
compared to $162.8 million in the first nine months of 2000.


Martin Tuchman, Chairman
and Chief Executive Officer of Interpool, commented: Although third
quarter results reflect a slightly softer worldwide economy, we are pleased with
our overall performance. Once again, we realized major revenue gains over the
year ago period, primarily due to our acquisition of Transamericas North
American Intermodal Division, the integration of which is substantially
complete. Also, we reached an agreement to sell our ownership position in PCR.
These actions support our strategic plan to heighten our focus on the
Companys core chassis and container leasing businesses.
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|Mr. Tuchman concluded,
We are committed to expanding our business and leadership position within
the industry. The combination of our strong, consistent cash flow and existing
credit facilities ensure that we have adequate capital to fund our growth.
Currently, we are intent on identifying and implementing new efficiencies and
minimizing costs and capital expenditures, all of which will help to generate
additional cash availability. Further, we are dedicated to building upon
existing customer relationships and offering new value added services to our
customers. Going forward, we will continue to utilize our solid financial
standing to capitalize on profitable opportunities.


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.


- TABLES FOLLOW -
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|INTERPOOL,
INC.CONSOLIDATED
STATEMENT OF INCOME(In
thousands, except amounts per share)(Unaudited)
|--------------------------------------------------------------------------------------------------

|                                                            | Three MonthsEndedSeptember 30, | Nine MonthsEndedSeptember 30,
|----------------------------------------------------------- | ------------------------------ | -----------------------------
|
|REVENUES                                                    |                                | $74,945                      
|Lease operating and administrative expenses                 |                                | 21,604                       
|Market value adjustment for derivative instruments          |                                | 1,250                        
|Depreciation and amortization of leasing equipment          |                                | 18,792                       
|Other (income)/expense, net                                 |                                | 200                          
|                                                            |                                |                              
|Earnings before interest and taxes                          |                                | 33,099                       
|Interest expense, net                                       |                                | 21,842                       
|                                                            |                                |                              
|Income before taxes, discontinued operations, change in     |                               
|accounting principle and extraordinary gain                 |                                | 11,257                       
|Provision for income taxes                                  |                                | 1,220                        
|                                                            |                                |                              
|Income before discontinued operations, change in accounting |                               
|principle and extraordinary gain                            |                                | $10,037                      
|(Loss) gain from discontinued operations, net of applicable |                               
|taxes of $125, $(340), $(380) and $320                      |                                | (876                         
|Cumulative effect of change in accounting principle, net of |                               
|applicable taxes of $44 and $440 (1) (2)                    |                                |                             
|Extraordinary gain on retirement of debt, net of applicable |                               
|taxes of $200, $172 and $560 (3) (4)                        |                                | 301                          
|                                                            |                                |                              
|NET INCOME (5)                                              |                                | $9,462                       
|                                                            |                                |                              
|INCOME FROM CONTINUING OPERATIONS:                          |                               
|NET INCOME                                                  |                                | $9,462                       
|REMOVE:                                                     |                               
|Discontinued Operations                                     |                                | 876                          
|Market value adjustment for derivative instruments          |                                | 1,250                        
|Cumulative effect of change in accounting principle         |                                |                             
|                                                            |                                |                              
|INCOME FROM CONTINUING OPERATIONS:                          |                                | $11,588                      
|                                                            |                                |                              
|INCOME PER SHARE FROM CONTINUING OPERATIONS:                |                               
|Basic                                                       |                                | $0.42                        
|Diluted                                                     |                                | $0.40                        
|WEIGHTED AVERAGE SHARES OUTSTANDING:                        |                               
|Basic                                                       |                                | 27,421                       
|Diluted                                                     |                                | 29,161                       

|(1) |  | For
2001, represents the cumulative effect through December 31, 2000 regarding the Companys
accounting for swap transactions not accounted for as hedges in accordance with FASB No.
133 which is effective as of January 1, 2001.
|--- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(2) |  | For
2000, represents a change in the Companys accounting for its maintenance and
repairs expense from an accrual to cash basis.
|--- |  | --------------------------------------------------------------------------------------------------------------------------------

|(3) |  | For
2001, represents gain on retirement of $27.2 million face value of Interpool, Inc. 6-5/8%
Notes due March 1, 2003 and $2.1 million face value of Interpool, Inc. 7.20% Notes due
August 1, 2007.
|--- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(4) |  | For
2000, represents gain on retirement of $8.2 million face value of Interpool, Inc. 6-5/8%
Notes due March 1, 2003 and $3.0 million face value of Interpool, Inc. 7.35% Notes due
August 1, 2007.
|--- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(5) |  | Net
Income per share was $0.35 basic and $0.32 diluted for the three months ended September
30, 2001 and $0.40 basic and diluted for the three months ended September 30, 2000. For
the nine months ended September 30, 2001 net income per share was $1.20 basic and $ 1.14
diluted and $1.17 basic and $1.16 diluted for the nine months ended September 30, 2000.
|--- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|INTERPOOL,
INC.CONSOLIDATED
BALANCE SHEET


(In thousands)


(Unaudited)
|------------------------------------------------------------------------

|                                               | September 30,2001 | December 31,2000
|---------------------------------------------- | ----------------- | ----------------
|ASSETS                                         |                   |                 
|Cash and short-term investments and            |                  
|marketable securities                          |                   | $49,218         
|Accounts and notes receivable, net             |                   | 60,967          
|Assets held for sale                           |                   | 6,811           
|Net investment in direct financing leases      |                   | 190,929         
|Other receivables, net                         |                   | 39,628          
|Revenue producing equipment, net               |                   | 1,334,121       
|Assets related to discontinued operations      |                   | 23,992          
|Other assets                                   |                   | 105,397         
|                                               |                   |                 
|TOTAL ASSETS                                   |                   | $1,811,063      
|                                               |                   |                 
|LIABILITIES AND STOCKHOLDERS EQUITY           |                  
|Accounts payable and accrued expenses          |                   | $80,393         
|Income taxes                                   |                   | 33,024          
|Deferred income                                |                   | 795             
|Liabilities related to discontinued operations |                   | 17,418          
|Debt and capital lease obligations             |                   | 1,224,977       
|Capital securities                             |                   | 75,000          
|Minority interest                              |                   | 26,907          
|Stockholders equity                           |                   | 352,549         
|                                               |                   |                 
|TOTAL LIABILITIES AND STOCKHOLDERS EQUITY     |                   | $1,811,063      
|                                               |                   |                 

|INTERPOOL,
INC.BUSINESS
OPERATIONS BREAKDOWN


(In thousands)


(Unaudited)
|---------------------------------------------------------------------------

|                              | REVENUES | PRETAXPROFIT/(LOSS)
|----------------------------- | -------- | -------------------
|
|
|Operating Lease Business      |          | $68,763            
|Finance Lease Business        |          | 5,690              
|Other Operations              |          | 492                
|Corporate/Investment Division |          | 1,289              

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