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Universal Compression Announces Upcoming Earnings and Webcast

July, 23, 2001

HOUSTON, July 23 /PRNewswire/ -- Universal Compression Holdings, Inc. (NYSE: UCO) will release financial results for its fiscal year 2002 first quarter early on Monday, July 30, 2001. The Company will broadcast a conference call to discuss the quarter's results and other corporate matters over the Internet on the same day at 11:00 a.m. Eastern (8:00 a.m. Pacific). To listen to the live Webcast, go to www.vcall.com at least 15 minutes prior to the start of the call, find the listing for the Company's call under "Today's Vcalls" and click the "Listen Info" icon on the right, and then click "Real Audio" next to the date and time of the call. A replay of the call will remain available at the site for seven days.

Universal, headquartered in Houston, Texas, is a leading natural gas compression services company, providing a full range of rental, sales, operations, maintenance and fabrication services to the domestic and international natural gas industry.

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SOURCE Universal Compression Holdings, Inc.
CONTACT: David Oatman, Director, Investor Relations of Universal Compression Holdings, Inc., +1-713-335-7460, or General, Jeff Wilhoit of FRB BSMG Worldwide, +1-312-640-6757

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