Pac-Van, Inc. is Acquired by Private Equity Group

INDIANAPOLIS--Aug. 4, 2006--Pac-Van, Inc. ("Pac-Van" or the "Company") today announced it has been acquired by Mobile Office Acquisition Corp. ("MOAC"). The debt and equity capitalization for the purchase of Pac-Van was provided by Laminar Direct Capital L.P. and certain of its affiliates ("Laminar") and other private investors, with the senior banking facility provided by a group led by LaSalle Bank N.A., for an undisclosed amount.